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| 04:23 PM | ||
| Users Online Now: 2,210 (Who's On?) | Visitors Today: 986,254 | |
| Pageviews Today: 1,644,845 | Threads Today: 663 | Posts Today: 11,867 |
| 04:23 PM | ||
10 More banks in trouble after SVC disaster | |
| Anonymous Coward User ID: 85407643  United States03/10/2023 12:42 PM Report Abusive Post Report Copyright Violation | [link to www.marketwatch.com (secure)] Quoting: Black Unit 10 banks that may face trouble in the wake of the SVB Financial Group debacle The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index BKX, -6.16% sinking 8%. This isn't the doom we were al hoping for. I wanted meteors, aliens and WAR!!! Lame. it's a doom buffet. mostly crab rangoon. |
| Anonymous Coward User ID: 83858980  Canada03/10/2023 12:42 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 79755631 United States03/10/2023 12:43 PM Report Abusive Post Report Copyright Violation | Bail in or they just take your deposits and give you an IOU. Glad my bank isn't on that list....yet. Quoting: Anonymous Coward 29706669 Get your money out of the banks. Take $500 or the limit out of the ATM every day until your balance hits ten bucks. If you think your money is safe in a bank think again. They might be nice tellers, but they don't run the bank. If the branch manager is told to cancel withdrawls, he has no choice or else get a new job. Your money is not yours until the bills are phsically in your hand. Ask the poor slobs in the 1920's how much money they got out of their banks when the economy went tits up. FDIC insured up to $250,000 idiot.....all accounts will be allowed to withdraw on Monday.... |
Eth84
 User ID: 77237253 United States03/10/2023 12:43 PM Report Abusive Post Report Copyright Violation | [link to www.marketwatch.com (secure)] Quoting: Black Unit 10 banks that may face trouble in the wake of the SVB Financial Group debacle The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index BKX, -6.16% sinking 8%.  |
| Anonymous Coward User ID: 81097369 United States03/10/2023 12:45 PM Report Abusive Post Report Copyright Violation | Bail in or they just take your deposits and give you an IOU. Glad my bank isn't on that list....yet. Quoting: Anonymous Coward 29706669 Get your money out of the banks. Take $500 or the limit out of the ATM every day until your balance hits ten bucks. If you think your money is safe in a bank think again. They might be nice tellers, but they don't run the bank. If the branch manager is told to cancel withdrawls, he has no choice or else get a new job. Your money is not yours until the bills are phsically in your hand. Ask the poor slobs in the 1920's how much money they got out of their banks when the economy went tits up. FDIC insured up to $250,000 idiot.....all accounts will be allowed to withdraw on Monday.... Correct. However, in this case these banks are catering to large tech companies. They might be insured for 250k but who cares when you lost millions? |
| Anonymous Coward User ID: 83746814 United States03/10/2023 12:47 PM Report Abusive Post Report Copyright Violation | [link to www.marketwatch.com (secure)] Quoting: Black Unit 10 banks that may face trouble in the wake of the SVB Financial Group debacle The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index BKX, -6.16% sinking 8%. GET YOUR MONEY OUT OF THE BANK AND PUT IN GOLD/SILVER. YOU CAN BUT DIRECT APMEX.COM . YOU CAN ALWAYS CONVERT IT BACK...REMEMBER PEOPLE IF YOU DONT HAVE POSSESSION OF YOUR FUNDS THEY'RE NOT YOURS |
| Anonymous Coward User ID: 85057362 United States03/10/2023 01:03 PM Report Abusive Post Report Copyright Violation | Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity Quoting: Anonymous Coward 80578546 The system has been ass raped for decades and no amount of market manipulation will fix it. It’s time for a moment of clarity. The system is not sustainable.     |
| Anonymous Coward User ID: 84270576 United States03/10/2023 01:06 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 76009547 03/10/2023 01:14 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 85389895  Mexico03/10/2023 01:15 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 85409267  Germany03/10/2023 01:17 PM Report Abusive Post Report Copyright Violation | |
| Fluffy Pancakes
User ID: 75751814 United States03/10/2023 01:39 PM  Report Abusive Post Report Copyright Violation | Strap in. This rides going to be bumpy. Things are bad enough, there is no need to make anything up. ~Fluffy "Never interrupt an enemy in the process of destroying himself." Quercitin and zinc...Get it. Take it. Visit howbad.info...If you took the shot, for sure. |
| Anonymous Coward User ID: 80987575  Sweden03/10/2023 01:41 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 83824747 United States03/10/2023 01:41 PM Report Abusive Post Report Copyright Violation | |
| sssssteve
User ID: 79577379 United States03/10/2023 01:43 PM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 85410023 03/10/2023 01:55 PM Report Abusive Post Report Copyright Violation | Of the total 7.2 trillion held by foreign countries, Japan and Mainland China held the greatest portions, with China holding 870 billion U.S. dollars in U.S. securities.Jan 30, 2023 [link to www.statista.com (secure)] › statistics Major foreign holders U.S. treasury securities 2022 - Statista When we add up the debt held by the United Kingdom including the commonwealth nations and the Cayman Islands held by anonymous third parties, the British hold the most US debt. |
| Anonymous Coward User ID: 84707760 United States03/10/2023 02:02 PM Report Abusive Post Report Copyright Violation | |
| Dodger007
User ID: 28000624 United States03/10/2023 02:15 PM  Report Abusive Post Report Copyright Violation | |
| Dodger007
User ID: 28000624 United States03/10/2023 02:16 PM Report Abusive Post Report Copyright Violation | |
| Dodger007
User ID: 28000624 United States03/10/2023 02:22 PM Report Abusive Post Report Copyright Violation | Remember the discussion of Biden, the $6.8 Trillion dollar budget man? Thread: Biden’s $6.8 TRILLION Dollar Budget Check this. Esp the inflation rate cooked in. https://twitter.com/_/status/1634177728311185410 [link to twitter.com (secure)] Peter Schiff has a long thread about this https://twitter.com/_/status/1634244633545850898 [link to twitter.com (secure)] I guess if you cry the sky is falling for enough years, eventually you may be right Last Edited by Dodger007 on 03/10/2023 02:23 PM You can count on America to do the right thing after exhausting every other alternative." Winston Churchill |
| Anonymous Coward User ID: 73649866 United States03/10/2023 02:24 PM Report Abusive Post Report Copyright Violation | This uncle intel is looking more ominous now: Thread: Heads Up~! We Just Had A Emergency Conference Call.. Corporate Wants Our Over 2000 Retail Locations |
| VegasRick
User ID: 81045925 United States03/10/2023 02:26 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 85409267 Germany03/10/2023 02:50 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73844901 United States03/10/2023 02:51 PM Report Abusive Post Report Copyright Violation | |
| ThirstyMarlin!
User ID: 85260392 United States03/10/2023 02:54 PM Report Abusive Post Report Copyright Violation | |
| KingChaos777
User ID: 75022594 United States03/10/2023 02:55 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 75652151 United States03/10/2023 03:52 PM Report Abusive Post Report Copyright Violation | |
| Westwood_1
User ID: 85104124 United States03/10/2023 03:55 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 85357191 United States03/10/2023 04:01 PM Report Abusive Post Report Copyright Violation | [link to www.marketwatch.com (secure)] Quoting: Black Unit 10 banks that may face trouble in the wake of the SVB Financial Group debacle The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index BKX, -6.16% sinking 8%. TARP version 2.0 will save the day (in other words /tax payers will bail them out) |
| JAZZz50
User ID: 85369703 United States03/10/2023 04:04 PM  Report Abusive Post Report Copyright Violation | Bail in or they just take your deposits and give you an IOU. Glad my bank isn't on that list....yet. Quoting: Anonymous Coward 29706669 Get your money out of the banks. Take $500 or the limit out of the ATM every day until your balance hits ten bucks. If you think your money is safe in a bank think again. They might be nice tellers, but they don't run the bank. If the branch manager is told to cancel withdrawls, he has no choice or else get a new job. Your money is not yours until the bills are phsically in your hand. Ask the poor slobs in the 1920's how much money they got out of their banks when the economy went tits up. FDIC insured up to $250,000 idiot.....all accounts will be allowed to withdraw on Monday.... Correct. However, in this case these banks are catering to large tech companies. They might be insured for 250k but who cares when you lost millions? yeah, insured up to XYZ , does not mean they will pay u that much. it is "insurance" so might pay 40% of what u had. 2nd- there is not enuf printed money to pay all debts in the entire world. most debt is #'s on paper or a screen. if all debt came due at once, there is absolutely no way they can b paid. not enuf real printed cash for what is owed out. JAZZZ50 2020 The SHTF literally as TP ran out. we went from being over the target, to actually being the target. too close to the truth. if i had a dollar for everytime someone says "merge" without using the word, i'd b so green i'd b King of Mars. |
Seems like every historical market crash-n-burn has nearly always commenced on a Friday.