(Thread IKs:
skooma512)
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i thought barney frank died 5 years ago lmao
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Mar 13, 2023 04:31
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anime was right posted:good thing the government has infinite money to prevent any and all failures  They just need to keep minting Trillion dollar coins!
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Mar 13, 2023 04:32
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Thorn Wishes Talon posted:if money died, society would have no choice but to adopt full-blown space communism why are you so obsessed with communism you would it up at random to poo poo on it
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Mar 13, 2023 04:33
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SorePotato posted:I'm thinking the boom-bust cycle has been defeated by modern capitalism and that things will be good forever, which essentially bypasses socialism into a beautiful eco(nomic)-utopia They can't kill the labor market without eviscerating huge sectors of the economy and it's loving everything up.
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Mar 13, 2023 04:33
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Oglethorpe posted:barney frank died 5 years ago lmao
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Mar 13, 2023 04:33
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let's make a bank, dupe a bunch of customers, pay ourselves, buy a bunch of long term-bonds with the balance (from our friends' companies), and then the FED can come in and cover the deposits when it snaps. then the employees (also friends) can hang around and explain the grift at 150% salary for 45 days to help offload the mess we create. looooove this poo poo
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Mar 13, 2023 04:38
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kinda ironic that the bitcoin genesis block included this headline as an encoded message: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” and here we are now bailing out banks and inadvertently saving crypto and bumping bitcoin prices lmao lol
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Mar 13, 2023 04:38
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the almighty Job™
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Mar 13, 2023 04:38
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Paradoxish posted:They can't kill the labor market without eviscerating huge sectors of the economy and it's loving everything up. Yeah even if the bank failures end here it means the fed can’t just keep raising rates without breaking some major poo poo I don’t expect tomorrow to be Black Monday but this does feel like beginning of a major reckoning
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Mar 13, 2023 04:39
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19 o'clock posted:let's make a bank, dupe a bunch of customers, pay ourselves, buy a bunch of long term-bonds with the balance (from our friends' companies), and then the FED can come in and cover the deposits when it snaps. nobody wants to charge Civil Rights Act violations against the Treasury
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Mar 13, 2023 04:40
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Ramrod Hotshot posted:I don’t expect tomorrow to be Black Monday but this does feel like beginning of a major reckoning There will never be a reckoning, OP - they'll simply do more-and-more elaborate cover-ups ad infinitum. Embrace it!
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Mar 13, 2023 04:41
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19 o'clock posted:let's make a bank, dupe a bunch of customers, pay ourselves, buy a bunch of long term-bonds with the balance (from our friends' companies), and then the FED can come in and cover the deposits when it snaps. Spoken like a poor
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Mar 13, 2023 04:41
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Pittsburgh Fentanyl Cloud posted:Spoken like a poor and no court in the land would hear such an accusation!
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Mar 13, 2023 04:42
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Faceripper incoming! SPY to 420! 10 more points for every failed bank! Roll out the public trough!!!!
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Mar 13, 2023 04:42
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Thorn Wishes Talon posted:if money died, society would have no choice but to adopt full-blown space communism Full blown, full automated *gay* luxury space communism. I stand ready to gently caress and suck whomever Chairman Xi decrees.
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Mar 13, 2023 04:43
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Logan's Bank Run
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Mar 13, 2023 04:43
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Horseshoe theory posted:There will never be a reckoning, OP - they'll simply do more-and-more elaborate cover-ups ad infinitum. Embrace it! You will not believe how thin the gold leaf can be and how rotten the wood can get! It is a time of gilded wonders
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Mar 13, 2023 04:44
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Ramrod Hotshot posted:Yeah even if the bank failures end here it means the fed can’t just keep raising rates without breaking some major poo poo sure they can. One of the major risks to raising rates too much or too quickly was the unrealized losses that would pile up on bank balance sheets. As of Sunday March 12th, there's no such thing as an unrealized loss on a bank's balance sheet due to interest rate moves - they can immediate cash against them at their old value. It's effectively a 600 billion dollar stimulus lmao just lmao. jpow could set rates to 25% tomorrow and the banks wouldn't blow up 
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Mar 13, 2023 04:44
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There's going to be a massive rally literally because people think the banking system is so hosed that the fed can't possibly continue to raise rates lmao
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Mar 13, 2023 04:44
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Nix Panicus posted:Full blown, full automated *gay* luxury space communism. I stand ready to gently caress and suck whomever Chairman Xi decrees. *Chairman Xi points to Henry Kissinger*
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Mar 13, 2023 04:44
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i dunno about you guys but i've got a ragin' contagion 
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Mar 13, 2023 04:46
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Eric Cantonese posted:What the hell? Scrooge is the most interesting guy in the show. He's still a billionaire and we all know what deserves to happen to them.
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Mar 13, 2023 04:46
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companies are richer than ever now to wait for my trickle
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Mar 13, 2023 04:46
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coelomate posted:sure they can. One of the major risks to raising rates too much or too quickly was the unrealized losses that would pile up on bank balance sheets. It is so good
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Mar 13, 2023 04:46
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Horseshoe theory posted:CATO glad to report that Cato wife nato life came from this thread's lineage TeenageArchipelago posted:Has anyone said CATO wife, NATO life yet? I don't want to be repeating anyone, so please let me know if someone has said it already. Otherwise I am going to
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Mar 13, 2023 04:48
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30 years from now we're going to find some declassified docs that this was an orchestrated op to trigger the Fed into pausing rate hikes and turning on the money printer again
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Mar 13, 2023 04:51
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svb a cia cutout
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Mar 13, 2023 04:52
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https://twitter.com/profwolff/status/1634992654621499393?s=20 Wolff's main idea gets stronger with each year and each crisis
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Mar 13, 2023 04:52
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https://twitter.com/LRonMexico/status/1634969058201468935
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Mar 13, 2023 04:52
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omg freaking epic tweet lol sauce https://twitter.com/zerohedge/status/1635124820571742208
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Mar 13, 2023 04:53
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Horseshoe theory posted:*Chairman Xi points to Henry Kissinger* that's a what not a who
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Mar 13, 2023 04:53
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https://twitter.com/kairyssdal/status/1635102710893801472
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Mar 13, 2023 04:54
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Mitch mcconnell is still laid up in the hospital from his 'fall'
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Mar 13, 2023 04:56
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I trust that the markets will be calm and rational tomorrow and nothing of interest will happen.
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Mar 13, 2023 04:57
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Horseshoe theory posted:*Chairman Xi points to Henry Kissinger* Kissinger has proven impervious to poison, disease, brute force, and the ravages of time. He is only vulnerable when his guard is down, in the throes of passion. I will accept this task for the good of the people.
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Mar 13, 2023 04:58
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Wraith of J.O.I. posted:omg freaking epic tweet lol sauce You should see the other poo poo the rest of finance twitter posts.
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Mar 13, 2023 04:58
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strongest and most advanced economic system in the history of the world, also if there is the slightest hint of instability we will immediately panic and open the floodgates
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Mar 13, 2023 04:59
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Posting because this is the first time I have been caught up on this thread in a long time. And probably also the last. It is a fleeting pleasure to live in the moment (of collapse)
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Mar 13, 2023 05:00
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Mr Hootington posted:You should see the other poo poo the rest of finance twitter posts. someone said bloomberg terminals have some sort of social function? Id image if thats so its full of all kinds of winners
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Mar 13, 2023 05:01
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| # ? May 24, 2024 05:13 |
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Doomsday econ evergreen summary: The system is eventually going to collapse, unleashing economic doomsday, but its not going to happen tomorrow no matter what the thread thinks or the news is reporting. The current state of things is lmao. Also number only goes up. Refer to this post whenever you feel behind to immediately catch up
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Mar 13, 2023 05:03
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