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(Thread IKs: skooma512)
 
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Frosted Flake
Sep 13, 2011

Semper Shitpost Ubique

My understanding is they will not bring down the global economic system but rather will cut social services and this is entirely theatre.

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Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold

Orvin posted:

Does this mean more bank death incoming?

stopping rate hikes doesn’t solve the problem that the past 15 years of issued treasuries are now garbage

shackleford
Sep 4, 2006


what no actually it is extremely easy to get outraged over something you don't understand???

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY

Orvin posted:

Does this mean more bank death incoming?

Yes. Markets are already positioned to try and wipe put 2 more major regional banks. They will continue to do this until they get what they want.

silicone thrills
Jan 9, 2008

I paint things

shackleford posted:

what no actually it is extremely easy to get outraged over something you don't understand???



what the gently caress does this even mean???? WHAT DOES THE DOG HAVE TO DO WITH IT? DOGS DONT PARTICIPATE IN CAPITALISM

Centrist Committee
Aug 6, 2019

Frosted Flake posted:

My understanding is they will not bring down the global economic system but rather will cut social services and this is entirely theatre.

yah the end of the us economic order is happening over in the de-dollarization thread

Nocturtle
Mar 17, 2007

The US threatening to default on its debt probably isn't slowing down de-dollarization.

Glumwheels
Jan 25, 2003

https://twitter.com/BidenHQ
https://twitter.com/EBHarrington/status/1653454250716823560?cxt=HHwWkICwpa74n_ItAAAA

Popoto
Oct 21, 2012

miaow

Centrist Committee posted:

yah the end of the us economic order is happening over in the de-dollarization thread

link plz

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY
https://twitter.com/Newsquawk/status/1653840488120610820?t=YOXphWzmr7GZxaHqD1Y9Kg&s=19

Rectal Death Adept
Jun 20, 2018

by Fluffdaddy
My car was making a weird noise but it was resolved by a head on collision

The Chad Jihad
Feb 24, 2007


like was no one at the banks going "We should probably run the numbers on what will happen if they raise interest rates"

Centrist Committee
Aug 6, 2019

Popoto posted:

link plz

this one https://forums.somethingawful.com/showthread.php?threadid=4028711

Centrist Committee
Aug 6, 2019

The Chad Jihad posted:

like was no one at the banks going "We should probably run the numbers on what will happen if they raise interest rates"

this would get you put on a performance improvement plan and driven out of the industry

Iverron
May 13, 2012

The Chad Jihad posted:

like was no one at the banks going "We should probably run the numbers on what will happen if they raise interest rates"

number go up

no wait not that one

Wakko
Jun 9, 2002
Faboo!

The Chad Jihad posted:

like was no one at the banks going "We should probably run the numbers on what will happen if they raise interest rates"

it did seem like the fed was absolutely willing to run the printers until the dollar imploded for a good decade there. i think everyone was surprised to see the sudden pivot to blowing up the finance sector in response to that process kicking off.

Wakko
Jun 9, 2002
Faboo!
also smart money is still on rates going back to zero abruptly as zombie companies start failing en masse

The Atomic Man-Boy
Jul 23, 2007


Kids want to stay up past their bedtime all the time, now when you let them the woke government wants to tell you how to raise your kids.

JAY ZERO SUM GAME
Oct 18, 2005

Walter.
I know you know how to do this.
Get up.


Mr Hootington posted:

Yes. Markets are already positioned to try and wipe put 2 more major regional banks. They will continue to do this until they get what they want.

WHAT COULD THEY WANT

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY

JAY ZERO SUM GAME posted:

WHAT COULD THEY WANT

Rate cuts and money printer

The Chad Jihad
Feb 24, 2007


Wakko posted:

it did seem like the fed was absolutely willing to run the printers until the dollar imploded for a good decade there. i think everyone was surprised to see the sudden pivot to blowing up the finance sector in response to that process kicking off.

That's fair but like, the rates couldn't go negative! There was only one direction possible at that point! argh

JAY ZERO SUM GAME
Oct 18, 2005

Walter.
I know you know how to do this.
Get up.


Mr Hootington posted:

Rate cuts and money printer

obligatory

https://www.youtube.com/watch?v=GI7sBsBHdCk

Salt Fish
Sep 11, 2003

Cybernetic Crumb

Blue checkmark

genericnick
Dec 26, 2012

Salt Fish posted:

Blue checkmark

thin blue checkmark

Nonsense
Jan 26, 2007

https://twitter.com/ShaneGoldmacher/status/1653806755237748737?s=20

Cpt_Obvious
Jun 18, 2007

Hey, maybe learned a thing or two from the rail strike.

is pepsi ok
Oct 23, 2002

https://twitter.com/AnaCabrera/status/1653314721192333320?s=20

“I think we’re getting to the point where it’s going to be that the only people who can afford to try to start a career in television or movies are going to be people who are independently wealthy already, which I don’t think is good for television or movies. I don’t think we want that,” Bob-Waksberg said.

webcams for christ
Nov 2, 2005

I think we arrived at that point a while ago, Bob

coelomate
Oct 21, 2020


https://twitter.com/FirstSquawk/status/1653863610890829826

Banks are dyin', cloud

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


why do we need so many banks anyway

Xaris
Jul 25, 2006

Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

The Chad Jihad posted:

That's fair but like, the rates couldn't go negative! There was only one direction possible at that point! argh

*Fed bulltard voice* and why not make them negative??

i think feds should give corporations/rich ppl money for getting free money

Mustached Demon
Nov 12, 2016

Xaris posted:

*Fed bulltard voice* and why not make them negative??

i think feds should give corporations/rich ppl money for getting free money

that was the PPP thing a few years ago

RealityWarCriminal
Aug 10, 2016

:o:

The Chad Jihad posted:

That's fair but like, the rates couldn't go negative! There was only one direction possible at that point! argh

Japan had negative rates until a couple of years ago

RealityWarCriminal
Aug 10, 2016

:o:
https://twitter.com/realdonaldtrump/status/1168882690713690112

Jaxyon
Mar 7, 2016
I’m just saying I would like to see a man beat a woman in a cage. Just to be sure.

But....I thought they were already charging as much as they could because something something equilibrium?!


Also did someone post about hindenburg coming at Icahn?

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY

Wraith of J.O.I. posted:

why do we need so many banks anyway

Hello neoliberal economist and/or policy maker

webcams for christ
Nov 2, 2005

Mr Hootington posted:

Hello neoliberal economist and/or policy maker

a nation needs just one big People's Bank that's wholly owned by the state. we're obviously moving in the right direction

ArmedZombie
Jun 6, 2004
Probation
Can't post for 3 hours!

webcams for christ posted:

a nation needs just one big People's Bank that's wholly owned by the state. we're obviously moving in the right direction

postal banking ftw

Dr. VooDoo
May 4, 2006


Kill all banks, wipe all debt, start one national state run and owned credit union tbh

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Mustached Demon
Nov 12, 2016

Best we can do is a bank oligarchy that owns the state

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