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(Thread IKs: skooma512)
 
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Horseshoe theory
Mar 7, 2005

mastershakeman posted:

Its going to be really funny when a bank fails in like, France, who can't just issue infinite printed money to backstop it and instead will have to do what, issue 10% interest govt bonds and raise taxes later?

France already had the Mississippi Bubble, OP! :v:

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Father Wendigo
Sep 28, 2005
This is, sadly, more important to me than bettering myself.

Oops, guess we had nothing to worry about them. My bad! 🥹

https://twitter.com/AP_Politics/status/1637091582099726338?t=ps8aO-1-G8I1HaxuqHw6Sw&s=19

Mustached Demon
Nov 12, 2016


almost as if the labor imbalance is because millions died or were disabled

webcams for christ
Nov 2, 2005

mastershakeman posted:

Why did the Saudis do that

they literally have too much to invest all of it safely. They recently sold off excess mortgage assets that will basically offset the CS loss.

https://twitter.com/BloombergAsia/status/1637500615352786946

Levine weighed in on Sun's offer

https://twitter.com/matt_levine/status/1637502713444311040https://twitter.com/matt_levine/status/1637503107935399937

Beeftweeter
Jun 28, 2005

OFFICIAL #1 GNOME FAN

oh my god lol

guillotine

Penisaurus Sex
Feb 3, 2009

asdfghjklpoiuyt

mastershakeman posted:

Its going to be really funny when a bank fails in like, France, who can't just issue infinite printed money to backstop it and instead will have to do what, issue 10% interest govt bonds and raise taxes later?

SocGen is the forgotten banking grenade.

Archduke Frantz Fanon
Sep 7, 2004

mastershakeman posted:

Why did the Saudis do that

After years of taking advice from softbank maybe they just don't know you are supposed to make money from investing

DrPossum
May 15, 2004

i am not a surgeon

Lord of Pie posted:

might as well just get out ahead of next weekend's crisis and nationalize everything

gotta have a nation if you want to nationalize

coelomate
Oct 21, 2020


PoundSand
Jul 30, 2021

Also proficient with kites

Remote work caused the bank to have an upside down portfolio that was insolvent?

DrPossum
May 15, 2004

i am not a surgeon

SourKraut posted:

Never trust anyone that wears a bow tie

Never trust anyone that you do not personally know and have known for years and consider a friend

spacemang_spliff
Nov 29, 2014

wide pickle

PoundSand posted:

Remote work caused the bank to have an upside down portfolio that was insolvent?

it was also too woke don't forget about that

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY
SVB was infiltrated by marxists

Pittsburgh Fentanyl Cloud
Apr 7, 2003



It’s cool how everything is completely unmoored from reality and everyone just goes with it.

anime was right
Jun 27, 2008

death is certain
keep yr cool
woke at home: why you are now a serf

Horseshoe theory
Mar 7, 2005

Pittsburgh Fentanyl Cloud posted:

It’s cool how everything is completely unmoored from reality and everyone just goes with it.

quote:

The aide said that guys like me were "in what we call the reality-based community," which he defined as people who "believe that solutions emerge from your judicious study of discernible reality." I nodded and murmured something about enlightenment principles and empiricism. He cut me off. "That's not the way the world really works anymore." He continued "We're an empire now, and when we act, we create our own reality. And while you're studying that reality—judiciously, as you will—we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors … and you, all of you, will be left to just study what we do."

Nothus
Feb 22, 2001

Buglord
The SVB Rorschach test. Everyone gets to see their pet boogeyman in the wreckage.

anime was right
Jun 27, 2008

death is certain
keep yr cool

Nothus posted:

The SVB Rorschach test. Everyone gets to see their pet boogeyman in the wreckage.

this theorys gonna hold up well for the next two years, ngl

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY

RealityWarCriminal
Aug 10, 2016

:o:

quote:

The immediate cause of SVB's failure, as we've said before, was that the company didn't take into account the risks that a high-interest rate environment, coupled with its concentrated tech-heavy clientele, posed to its balance sheet.

- It's certainly possible that if more executives were working in closer proximity those missteps would've been avoided. But it's hard to really know.

The bottom line: Companies looking for a reason to bring workers back to the office may find it in this piece.


lmao

SKULL.GIF
Jan 20, 2017


It's cool how the media is just openly and nakedly lying to us now. They stopped bothering with even a faint veneer of journalistic justification for what they want us to be doing, and are now just wholesale inventing narratives where the moral is shut the gently caress up and get back to work.

i say swears online
Mar 4, 2005

mastershakeman posted:

Why did the Saudis do that

SNB is the swiss national bank, not the saudi national bank. yes they have the same acronym

Glumwheels
Jan 25, 2003

https://twitter.com/BidenHQ

webcams for christ posted:

same, but I can't find any source on Sun being involved with Terra Labs?
never heard that before

e: are you thinking of this?

I have no idea, I thought the two of them created it. It’s all the same scam, can’t keep it straight

SKULL.GIF
Jan 20, 2017


Swiss government press conference in 40 min from now.

Oglethorpe
Aug 8, 2005
Avatar blanked by Admin request.

SKULL.GIF posted:

Swiss government press conference in 40 min from now.

is there an english translation feed

Justin Tyme
Feb 22, 2011



I'll always remember this quote

literally Kojima dialogue irl

webcams for christ
Nov 2, 2005

Oglethorpe posted:

is there an english translation feed

they know their audience. it'll be in English

F_Shit_Fitzgerald
Feb 2, 2017



SKULL.GIF posted:

It's cool how the media is just openly and nakedly lying to us now. They stopped bothering with even a faint veneer of journalistic justification for what they want us to be doing, and are now just wholesale inventing narratives where the moral is shut the gently caress up and get back to work.

"Now"?

Horseshoe theory
Mar 7, 2005

Justin Tyme posted:

I'll always remember this quote

literally Kojima dialogue irl

Karl Rove (and his mentor, Lee Atwater) is a literal Kojima villain IRL.

anime was right
Jun 27, 2008

death is certain
keep yr cool
reddit suisse

webcams for christ
Nov 2, 2005

Swiss Federal Council press conference

https://www.youtube.com/watch?v=gmT0-w_0Ex4

lumpentroll
Mar 4, 2020

is pepsi ok
Oct 23, 2002


i also support a 100% inheritance tax

webcams for christ
Nov 2, 2005

highlights from Bloomberg's live feed leading up to the presser:


meanolmrcloud
Apr 5, 2004

rock out with your stock out

webcams for christ posted:

highlights from Bloomberg's live feed leading up to the presser:




sweet awesome, 1 week from everything is ok to actual factual crisis. maybe? no one really knows. great system

Oglethorpe
Aug 8, 2005
Avatar blanked by Admin request.
its live and i heard the word "lehman" lol

https://www.youtube.com/watch?v=gmT0-w_0Ex4

no english

https://twitter.com/MeghUpdates/status/1637519952025620480

RealityWarCriminal
Aug 10, 2016

:o:
there is no fire. remain at your posts.

webcams for christ
Nov 2, 2005

ugh the presser is in french

Turnquiet
Oct 24, 2002

My friend is an eloquent speaker.

...but the swiss speak german? :confused:

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Oglethorpe
Aug 8, 2005
Avatar blanked by Admin request.

Turnquiet posted:

...but the swiss speak german? :confused:

lol

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