Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
(Thread IKs: skooma512)
 
  • Post
  • Reply
Goa Tse-tung
Feb 11, 2008

;3

Yams Fan
interesting since 2019 DB isn't majorly held by Germans anymore


https://investor-relations.db.com/share/shareholder-structure

Adbot
ADBOT LOVES YOU

19 o'clock
Sep 9, 2004

Excelsior!!!

In Training posted:

is the current strategy to just hold out for 5 market days, collapse Friday night and get bailed out by Sunday.

lol it really is this

coelomate
Oct 21, 2020


DB is down a bit, but it really isn't eating poo poo the way other banks were, or in as precarious a spot generally.

It may get worse next week (:pray:), but I'm 99% sure there will be no fun panic-rescue-bailout-notbailout of DB this weekend.

HallelujahLee
May 3, 2009

coelomate posted:

DB is down a bit, but it really isn't eating poo poo the way other banks were, or in as precarious a spot generally.

It may get worse next week (:pray:), but I'm 99% sure there will be no fun panic-rescue-bailout-notbailout of DB this weekend.

jinx

coelomate
Oct 21, 2020


https://twitter.com/DeItaone/status/1639270447333142528

https://twitter.com/DeItaone/status/1639270605412261889

This is a pretty big contrast to last week, when people were saying "drat Credit Suisse didn't touch its breakfast and its legs look like paintshakers when it tries to stand up"

Oglethorpe
Aug 8, 2005

https://twitter.com/FirstSquawk/status/1639270961798078464

Wraith of J.O.I.
Jan 25, 2012


anyone itt got any major quibbles with this?

https://twitter.com/mattzeitlin/status/1639057589198618624

alarumklok
Jun 30, 2012

too short so it lacks authority. I only trust tall explanations

webcams for christ
Nov 2, 2005


yeah pretty good for 2 paragraphs

Mustached Demon
Nov 12, 2016

is pepsi ok posted:

Taste is not chemistry and if you're thinking of the taste zones you were taught about in school that poo poo was debunked a long time ago.

it's a bodily response so it's actually just chemistry, we're sacks of aqueous organic chemistry catalyzed by various transition metals

really though cooking is taking ingredients and making something that produces a bodily response, putting them together in a way that nails it is the art

no different than synthetic chemistry

In Training
Jun 28, 2008


Nice. Got it in 1.

atelier morgan
Mar 11, 2003

super-scientific, ultra-gay

Lipstick Apathy

tristeham posted:

i feel like the american elite would rather nuke the whole world than lose their hegemony. hope i'm wrong

the longer the neoliberal rot can be drawn out before some premillenial dispensationalist at strategic air command tries to launch to bring about the rapture the more ICBMs will explode in their silos or fail to launch for lack of maintenance and care the rot is exacerbating

NeonPunk
Dec 21, 2020


Long-winded way to say that rich folks causes a crisis when they think they'll get treated like a poor person and they all just mad dash to hoard their money, gently caress everyone else it's MY money

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY
People are failing capitalism again

NeonPunk
Dec 21, 2020

Mr Hootington posted:

People are failing capitalism again

Are they really?

That Works
Jul 22, 2006

Every revolution evaporates and leaves behind only the slime of a new bureaucracy



Well of course not today, it's Friday.

Louisgod
Sep 25, 2003
Probation
Can't post for 3 hours!
Bread Liar

time to invest in pokemon cards

Nice and hot piss
Feb 1, 2004

Mr Hootington posted:

People are failing capitalism again

Hmm let's see..
-Poors are more poor these days

-Middle class is getting pushed closer and closer into lower income brackets with no real optimistic future of retirement

-the rich have amassed even greater and more massive wealth over the last decade, more so in the past 4-5 years


Capitalism is working just as it's intended

Cuttlefush
Jan 15, 2014

gotta have my purp
capitalism is working, the people aren't. that's what ol hootington is saying!

Mustached Demon
Nov 12, 2016

Mr Hootington posted:

People are failing capitalism again

number can only be failed

Louisgod
Sep 25, 2003
Probation
Can't post for 3 hours!
Bread Liar

Nice and hot piss posted:

Hmm let's see..
-Poors are more poor these days

-Middle class is getting pushed closer and closer into lower income brackets with no real optimistic future of retirement

-the rich have amassed even greater and more massive wealth over the last decade, more so in the past 4-5 years


Capitalism is working just as it's intended

-gop passed a new "tax plan" that was effectively a movement of all funds to the rich

-pandemic gave govt excuse to give even more free money to the rich

-any money poors received were more a tax loan they eventually had to pay back


system's working as intended.

webcams for christ
Nov 2, 2005

Louisgod posted:

-gop passed a new "tax plan" that was effectively a movement of all funds to the rich

-pandemic gave govt excuse to give even more free money to the rich

-any money poors received were more a tax loan they eventually had to pay back


system's working as intended.

all the while doubling down on tried and true methods of transferring wealth

rex rabidorum vires
Mar 26, 2007

KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN

It's when the rich either have lost or will lose or could might maybe lose money.

anime was right
Jun 27, 2008

death is certain
keep yr cool

thats a lotta words for "coyote looks down"

SKULL.GIF
Jan 20, 2017


Rosengren says contagion!

https://twitter.com/EricSRosengren/status/1639224485604737024

Mustached Demon
Nov 12, 2016

:drac:

ArmedZombie
Jun 6, 2004


this guy is anti-free market. the efficient markets hypothesis is based on no transaction costs and perfect information.

Shear Modulus
Jun 9, 2010



SKULL.GIF posted:

Why is everyone walking out to say everything's fine all at the same time?

https://twitter.com/financialjuice/status/1639244041832509441

reported for economic disinformation


lol

ArmedZombie
Jun 6, 2004

this guy said it better

https://twitter.com/OldManMrGoober/status/1639284641793187848?s=20

HallelujahLee
May 3, 2009

it would be a tiny bit convincing if these morons didnt coordinate their strong and stable comments at the same time doing this all at the same time just signals problems

ArmedZombie
Jun 6, 2004

https://twitter.com/zerohedge/status/1639268251711553550?s=20

anime was right
Jun 27, 2008

death is certain
keep yr cool

zerohedge sucks but i lolled. the prolly stole the image

Shear Modulus
Jun 9, 2010



HallelujahLee posted:

it would be a tiny bit convincing if these morons didnt coordinate their strong and stable comments at the same time doing this all at the same time just signals problems

insisting nonstop that contrary to what your lying eyes tell you there is no problem and everyone needs to calm down worked perfectly for covid so we should see how it works for Number

Sheng-Ji Yang
Mar 5, 2014




"Relax, " said the night man
"We are programmed to receive
You can check out any time you like
But you can never leave"

ArmedZombie
Jun 6, 2004

anime was right posted:

zerohedge sucks but i lolled. the prolly stole the image

:capitalism:

HallelujahLee
May 3, 2009

Shear Modulus posted:

insisting nonstop that contrary to what your lying eyes tell you there is no problem and everyone needs to calm down worked perfectly for covid so we should see how it works for Number

whats this covid your talking about

Oglethorpe
Aug 8, 2005

anime was right posted:

zerohedge sucks but i lolled. the prolly stole the image

most likely its from wallstreetbets

Joey Steel
Jul 24, 2019

gradenko_2000 posted:

it's essentially the same scam they've been running with Huawei: China beat Qualcomm / Samsung to 5G technology, so just raise "security concerns" to have the US and as many other allies as possible refuse to use their hardware, because competing on an even field is unacceptable when you're losing

and part of those sanctions against Huawei included preventing their phones from being able to access the Google Store and Google services. Huawei has since found ways around this, but the idea was that this would be such a big blow to convenience and usability that people would stop using Huawei phones because they'd be crippled

but you only get the ability to cripple a company in that way because Google represents such a gigantic part of the smartphone and internet ecosystem

and that takes us back to China: the "Great Firewall" of the PRC is often touted as some kind of domestic social control measure - prevent Chinese citizens from reaching out into the wider world and realize how rotten their country and their government is.

what it really is, is internet protectionism. By preventing the likes of Google and Facebook from entering and operating in the country, China has created the conditions by which their own, locally-developed internet firms can take hold, in much the same way that you'd prevent, say, Nike shoes from entering your country so that local shoe factories can continue to exist, because otherwise they'd be outcompeted by globalized Western firms with rock-bottom prices

and you want your own domestic internet firms to have room to grow, because otherwise Facebook takes over, and not only does that mean any profits from social media get expropriated by the likes of Zuckerberg (at the expense of your own citizens) but the way that these social networks are run is at the behest of Western interests, whether it means Facebook gets to influence your elections, or as we've said with Huawei, they abide by American decrees to lock your phones out of their ecosystem in an attempt to maintain monopoly conditions

or to draw yet another comparison: Joko Widodo of Indonesia recently said that he doesn't want his country's government to continue to work with Visa/Mastercard, because he understands that these are Western countries, and they could pull the plug at any time as a means of punishing or blackmailing any country or organization that leans too heavily on them. And we know this to be true because they tried to do it with Russia!

finally, this brings us all the way back to TikTok: the US is losing social media share to ByteDance, in the same way that WeChat or Weibo would have lost out to Western social media if China had simply let the latter run unregulated a decade-and-a-half ago, and they want to tug on that leash... but they're doing so in such a cack-handed manner that it's not going to work

This is why I keep reading the doomsday thread

Oglethorpe
Aug 8, 2005

https://twitter.com/AP/status/1639286968834990085

https://twitter.com/GuyWithSwords/status/1639269704379367425

drat that second video

https://twitter.com/ArthurM40330824/status/1639287375024082945

Adbot
ADBOT LOVES YOU

anime was right
Jun 27, 2008

death is certain
keep yr cool

Oglethorpe posted:

most likely its from wallstreetbets

likely

  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply