(Thread IKs:
skooma512)
|
Shear Modulus posted:i think the idea going forward is that rates still go up for everything but now banks get to refinance all their bonds at the higher rates if you put this all into a spreadsheet does this just undo all of the previous hikes lol
|
#
?
Mar 22, 2023 19:36
|
|
|
|
| # ? May 23, 2024 11:23 |
|
|
Shear Modulus posted:i think the idea going forward is that rates still go up for everything but now banks get to refinance all their bonds at the higher rates There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect
|
|
#
?
Mar 22, 2023 19:36
|
|
|
net work error posted:https://twitter.com/DeItaone/status/1638610346460979207?t=32_0sMkilMhgO5pTyZnFbw&s=19 yeah goldman already announced they were preparing to on monday
|
|
#
?
Mar 22, 2023 19:36
|
|
|
Barrel Cactaur posted:Interesting way to write Chinese economy dies as it no longer trades finished goods for raw materials, food, and medicine. Please recall Russia is currently being fought off with essentially spares. Russian stability has been based on a carefully structured prison house of nations being run by the biggest gang. China has based it on economic prosperity. Crashing Russias raw materials export market was never going to stop them, because someone will always take the deal. But China is much more vulnerable. Military needs just can't take up the slack, or provide the food in short order. Their poor agricultural disease control makes this extra fragile. china has aircraft carrier killer missiles
|
|
#
?
Mar 22, 2023 19:36
|
|
|
webcams for christ posted:yeah goldman already announced they were preparing to on monday I'm behind sorry op but I hope they don't get it back
|
|
#
?
Mar 22, 2023 19:37
|
|
|
net work error posted:I'm behind sorry op but I hope they don't get it back Matt Levine on their prospects yesterday: "The market odds on that bet are between 20-to-1 and 50-to-1, so a long shot but not utterly hopeless."
|
|
#
?
Mar 22, 2023 19:40
|
|
|
Woke Mind Virus posted:if you put this all into a spreadsheet does this just undo all of the previous hikes lol essentially yes but for banks only. people and productive businesses still get hosed. which makes sense since those are the only parts of the economy that were supposed to go into recession
|
|
#
?
Mar 22, 2023 19:40
|
|
|
Shear Modulus posted:essentially yes but for banks only. people and productive businesses still get hosed. which makes sense since those are the only parts of the economy that were supposed to go into recession Yep and it would end the liquidity drain that needs to happen.
|
|
#
?
Mar 22, 2023 19:42
|
|
|
lol Jay is full of poo poo, so rate are up? down? who knows!
|
|
#
?
Mar 22, 2023 19:43
|
|
|
https://twitter.com/unusual_whales/status/1638610998939746306
|
|
#
?
Mar 22, 2023 19:44
|
|
|
money faucet will be turned on next time around, in other words
|
|
#
?
Mar 22, 2023 19:45
|
|
|
lol jay wiped out bitcoins gains today
|
|
#
?
Mar 22, 2023 19:45
|
|
|
i think they should try raising taxes.
|
|
#
?
Mar 22, 2023 19:45
|
|
|
Oglethorpe posted:lol jay wiped out bitcoins gains today wiped out jesus it recovered from like 17k
|
|
#
?
Mar 22, 2023 19:46
|
|
|
Barrel Cactaur posted:Interesting way to write Chinese economy dies as it no longer trades finished goods for raw materials, food, and medicine. Please recall Russia is currently being fought off with essentially spares. Russian stability has been based on a carefully structured prison house of nations being run by the biggest gang. China has based it on economic prosperity. Crashing Russias raw materials export market was never going to stop them, because someone will always take the deal. But China is much more vulnerable. Military needs just can't take up the slack, or provide the food in short order. Their poor agricultural disease control makes this extra fragile. Lmao
|
|
#
?
Mar 22, 2023 19:46
|
|
|
The point of this whole exercise was to kneecap the productive economy so that unproductive rent-extracting capital could come in and steal as much as they needed to get their future projected rent income back to where they wanted it. that some banks accidentally got caught in the crossfire was a freak accident
Shear Modulus has issued a correction as of 19:49 on Mar 22, 2023 |
|
#
?
Mar 22, 2023 19:47
|
|
|
webcams for christ posted:Matt Levine on their prospects yesterday: "The market odds on that bet are between 20-to-1 and 50-to-1, so a long shot but not utterly hopeless." so basically even though it literally says in the bond terms that this was a possibility they're hoping they have enough white shoe lawyers to make a country back down?
|
|
#
?
Mar 22, 2023 19:47
|
|
|
anime was right posted:wiped out jesus it recovered from like 17k as mentioned previously in the thread, BTC continues to rally despite net outflows from crypto assets for 3 consecutive weeks.
|
|
#
?
Mar 22, 2023 19:48
|
|
|
Jaxyon posted:so basically even though it literally says in the bond terms that this was a possibility they're hoping they have enough white shoe lawyers to make a country back down? not quite back down, but offer some sort of non-zero consolation prize in a settlement. more from his column: 
|
|
#
?
Mar 22, 2023 19:51
|
|
|
webcams for christ posted:as mentioned previously in the thread, BTC continues to rally despite net outflows from crypto assets for 3 consecutive weeks. Untethered
|
|
#
?
Mar 22, 2023 19:53
|
|
|
Still feels dumb as hell that the fed doesn’t wait to see the effects of all these rate increases before making the next decision. We’re just now entering into the job loss phase that they’ve been prodding at and it’ll almost certainly be worse than intended bc those assholes kept jacking up rates since the entire economy didn’t transition to loving over workers quickly enough
|
|
#
?
Mar 22, 2023 19:54
|
|
|
Barrel Cactaur posted:Interesting way to write Chinese economy dies as it no longer trades finished goods for raw materials, food, and medicine. Please recall Russia is currently being fought off with essentially spares. Russian stability has been based on a carefully structured prison house of nations being run by the biggest gang. China has based it on economic prosperity. Crashing Russias raw materials export market was never going to stop them, because someone will always take the deal. But China is much more vulnerable. Military needs just can't take up the slack, or provide the food in short order. Their poor agricultural disease control makes this extra fragile. go back to D&D (USER WAS PUT ON PROBATION FOR THIS POST)
|
|
#
?
Mar 22, 2023 19:55
|
|
|
Relentlessboredomm posted:Still feels dumb as hell that the fed doesn’t wait to see the effects of all these rate increases before making the next decision. We’re just now entering into the job loss phase that they’ve been prodding at and it’ll almost certainly be worse than intended bc those assholes kept jacking up rates since the entire economy didn’t transition to loving over workers quickly enough It is a common thought that in this new modern era that fed rate hike effects are seen with in 3-4 months.
|
|
#
?
Mar 22, 2023 19:56
|
|
|
lmao the world is not an RTS
|
|
#
?
Mar 22, 2023 19:56
|
|
|
Shear Modulus posted:The point of this whole exercise was to kneecap the productive economy so that unproductive rent-extracting capital could come in and steal as much as they needed to get their future projected rent income back to where they wanted it. that some banks accidentally got caught in the crossfire was a freak accident
|
|
#
?
Mar 22, 2023 19:57
|
|
|
Pittsburgh Fentanyl Cloud posted:go back to D&D Surprisingly dnd don't have a thread for this and I hate banks too much to write a good op. Gunshow Poophole posted:lmao Either everyone is allowed to be delusional or no one is. China can't just press an invade Taiwan button, it takes enough time and prep that everyone is basically fighting with near perfect information all the time. The only x factor is subs and missile stocks and china has not indicated an enormous advantage in either. No one is going to one cool trick their way through this it's going to end up in a stalemate while they fence with air and surface launched cruise missiles and anti aircraft systems. Barrel Cactaur has issued a correction as of 20:05 on Mar 22, 2023 |
|
#
?
Mar 22, 2023 19:58
|
|
|
Barrel Cactaur posted:Surprisingly dnd don't have a thread for this and I hate banks too much to write a good op. very surprising
|
|
#
?
Mar 22, 2023 19:59
|
|
|
Shear Modulus posted:The point of this whole exercise was to kneecap the productive economy so that unproductive rent-extracting capital could come in and steal as much as they needed to get their future projected rent income back to where they wanted it. that some banks accidentally got caught in the crossfire was a freak accident I wonder if there are there any US industrial capitalists around with any sway left who will get pissed about this.
|
|
#
?
Mar 22, 2023 19:59
|
|
|
Shear Modulus posted:china has aircraft carrier killer missiles Their range is less than the range of the aircraft on the carrier. If the US really wants to do a dumb thing like go to war with China, the answer is just to sink every ship that goes into their ports with subs and wait a few months. The infrastructure for moving poo poo into and out of China is pretty much "ports, ports, and ports". That being said, I have met some breathtakingly stupid naval officers.
|
|
#
?
Mar 22, 2023 20:00
|
|
|
Powell is desperately trying to appear hawkish. The dovish statement didn't help.
|
|
#
?
Mar 22, 2023 20:00
|
|
|
Oglethorpe posted:lol jay wiped out bitcoins gains today wow according to the graph it's down zero percent
|
|
#
?
Mar 22, 2023 20:00
|
|
|
Barrel Cactaur posted:Surprisingly dnd don't have a thread for this and I hate banks too much to write a good op. well the official stance of our glorious thread ik is that you shouldnt go to the BFC thread
|
|
#
?
Mar 22, 2023 20:01
|
|
|
The rich are getting upset so we’ll give them more money, no strings attached That should help inflation
|
|
#
?
Mar 22, 2023 20:01
|
|
|
Mr Hootington posted:Powell is desperately trying to appear hawkish. The dovish statement didn't help. I dunno it seems pretty measured to me. the SPX did a round trip from the rate announcement through this presser though: 
|
|
#
?
Mar 22, 2023 20:02
|
|
|
Powell admitting there was contagion and a broader banking crisis is funny.
|
|
#
?
Mar 22, 2023 20:02
|
|
|
Relentlessboredomm posted:Still feels dumb as hell that the fed doesn’t wait to see the effects of all these rate increases before making the next decision. what are you talking about? the banks went "yuck" so now it's high time to swing it into reverse.
|
|
#
?
Mar 22, 2023 20:02
|
|
|
webcams for christ posted:I dunno it seems pretty measured to me. the SPX did a round trip from the rate announcement through this presser though: this guy gets off on making number go up and down while he talks
|
|
#
?
Mar 22, 2023 20:03
|
|
|
Woke Mind Virus posted:this guy gets off on making number go up and down while he talks literally the point of these pressers
|
|
#
?
Mar 22, 2023 20:03
|
|
|
PostNouveau posted:My experts have assured me this will create a new type of economic bubble that will never burst. Quantum bubble, caused by doing QEQT simultaneously. Can't spell burstable without stable.
|
|
#
?
Mar 22, 2023 20:04
|
|
|
|
| # ? May 23, 2024 11:23 |
|
|
Barrel Cactaur posted:Interesting way to write Chinese economy dies as it no longer trades finished goods for raw materials, food, and medicine. Please recall Russia is currently being fought off with essentially spares. Russian stability has been based on a carefully structured prison house of nations being run by the biggest gang. China has based it on economic prosperity. Crashing Russias raw materials export market was never going to stop them, because someone will always take the deal. But China is much more vulnerable. Military needs just can't take up the slack, or provide the food in short order. Their poor agricultural disease control makes this extra fragile. lol
|
|
#
?
Mar 22, 2023 20:04
|
|