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Bannon is reporting Wall Street Journal warns another 180 banks are susceptible...
Posted on 3/17/23 at 5:43 pm
Posted on 3/17/23 at 5:43 pm
If this is true, I mean they're really susceptible, not some BS where in theory every depositor runs to the bank wanting their money and the bank fails, but in trouble meaning it would only take a fraction of their depositors to put the bank at risk......uhhh, we're in trouble but I know Grandma Yellen and Uncle J Powell has this thing handled.
10
Posted on 3/17/23 at 5:44 pm to Bass Tiger
Good. Let’s burn this motherfricker down and start the reset. My powder is dry.
Posted on 3/17/23 at 5:46 pm to PsychTiger
quote:
Good. Let’s burn this motherfricker down and start the reset. My powder is dry.
You think what would come next would be better?
Posted on 3/17/23 at 5:47 pm to Bass Tiger
quote:
but in trouble meaning it would only take a fraction of their depositors to put the bank at risk
Isn't that pretty much any bank?
Posted on 3/17/23 at 5:50 pm to PsychTiger
Ed Dowd former senior portfolio manager at BlackRock is on with Bannon right now, he's calling for nationalized banks and that won't stop it.....eventually there is going to be a sovereign debt crisis in Japan or another country (USA?) and the dominoes start falling.
Posted on 3/17/23 at 5:55 pm to Flats
quote:
but in trouble meaning it would only take a fraction of their depositors to put the bank at risk
Isn't that pretty much any bank?
It depends on the definition of a fraction....let's say if more than 5-10% of high net worth depositors made a bank run? I can't imagine if less than 5% of a banks deposits were withdrawn it would collapse, if that's not true the whole banking system is full blown retarded.
Posted on 3/17/23 at 5:55 pm to Bass Tiger
quote:
Ed Dowd former senior portfolio manager at BlackRock is on with Bannon right now, he's calling for nationalized banks and that won't stop it.....eventually there is going to be a sovereign debt crisis in Japan or another country (USA?) and the dominoes start falling.
Kinda like Antichrist...we know it's coming, but just don't know when or wth form it takes when it does. Just that it will be painful, and temporary. In the 'big picture'.
"Ye shall know the Truth, and it shall set you free".
Posted on 3/17/23 at 5:57 pm to Bass Tiger
Fire up the 2008 implode o meter website
Posted on 3/17/23 at 5:57 pm to RCDfan1950
quote:
Kinda like Antichrist...we know it's coming, but just don't know when or wth form it takes when it does. Just that it will be painful, and temporary. In the 'big picture'.
"Ye shall know the Truth, and it shall set you free".
I wonder what shape the US would be in if a significant majority of moral and righteous people were at the levers of power?
This post was edited on 3/17/23 at 5:58 pm
Posted on 3/17/23 at 5:58 pm to Bass Tiger
We have some hard times ahead. Get somewhere you are safe, and by safe I mean a wealthy homogenous rural area in a red state.
Posted on 3/17/23 at 5:59 pm to Bass Tiger
quote:
I can't imagine if less than 5% of a banks deposits were withdrawn it would collapse, if that's not true the whole banking system is full blown retarded.
I have some bad news for you......
Posted on 3/17/23 at 5:59 pm to Bass Tiger
quote:I love the effect this faux credentializing has on the guppies on this board.
Ed Dowd former senior portfolio manager at BlackRock
BlackRock has more than 15000 employees. Who gives a shite what some dude who once worked there thinks? "Senior Portfolio Manager" means almost literally nothing.
This post was edited on 3/17/23 at 6:05 pm
Posted on 3/17/23 at 5:59 pm to PsychTiger
quote:
My powder is dry.
Yeah? In what form?Posted on 3/17/23 at 6:00 pm to Bass Tiger
quote:WSJ is mainstream - where's the article?
Bannon is reporting Wall Street Journal warns another 180 banks are susceptible..
Posted on 3/17/23 at 6:03 pm to Flats
quote:
I can't imagine if less than 5% of a banks deposits were withdrawn it would collapse, if that's not true the whole banking system is full blown retarded.
I have some bad news for you......
So you're saying/admitting it was/is a house of cards? Great!
Posted on 3/17/23 at 6:07 pm to Big Scrub TX
quote:
I love the effect this faux credentializing has on the guppies on this board.
BlackRock as more than 15000 employees. Who gives a shite what some dude who once worked there thinks? "Senior Portfolio Manager" means almost literally nothing.
I think Dowd was up the ladder a ways....I think he has his own investment company now....he's certainly not Big Scrub brilliant but I think he's got some meager experience in finance and investment.
Posted on 3/17/23 at 6:09 pm to Bass Tiger
quote:Got some news for you. 100% of banks are susceptible to what took SVB down. No bank in america can survive a run. None.
Bannon is reporting Wall Street Journal warns another 180 banks are susceptible...
Posted on 3/17/23 at 6:09 pm to PsychTiger
quote:
Good. Let’s burn this motherfricker down and start the reset. My powder is dry.
The demographic in charge of the money has always caused problems. Greedy Ba$7@^ds!!
Posted on 3/17/23 at 6:11 pm to Big Scrub TX
quote:
Bannon is reporting Wall Street Journal warns another 180 banks are susceptible..
WSJ is mainstream - where's the article?
Did you not read where I said Bannon reported the source was from the Wall Street Journal? I was watching War Room and Bannon relayed the report and source as the Wall Street Journal....You need to listen to War Room baw....it certainly wouldn't hurt ya.
Posted on 3/17/23 at 6:12 pm to Bass Tiger
quote:
After reporting to President Bush, Paulson met with reporters in the White House briefing room. “As you know, we’re working through a difficult period in our financial markets right now as we work off some of the past excesses,” he said. “But the American people can remain confident in the soundness and the resilience of our financial system.” Still, even as Paulson was speaking, the Dow Jones Industrial Average was dropping. By the end of the day, it was down five hundred and four points, or 4.4 per cent—the biggest one-day percentage drop since the first day of trading after September 11, 2001. Traders, aware of A.I.G.’s mounting collateral calls and the ongoing meetings at the New York Fed, were unloading positions. A.I.G. shares dropped sixty-one per cent.
From The New Yorker, 2008
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