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(Thread IKs: skooma512)
 
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super sweet best pal
Nov 18, 2009

https://twitter.com/BradTroemel/status/1653883211271880712

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ram dass in hell
Dec 29, 2019



:420::toot::420:

Xaris posted:

that's right.

accelerationism was always ftw and still is.

Been saying this

ram dass in hell
Dec 29, 2019



:420::toot::420:

Vox Nihili posted:

It's really, really funny that the Fed tightened up on lending to punish labor and ended up killing and crippling a bunch of banks instead

I have been having a lol today remembering what a problem it was that we had banks that were omfg "too big to fail" and now it's a problem that we have banks that are too small to be too big to fail so they're failing and that's a crisis

strange feelings re Daisy
Aug 2, 2000

JamesKPolk posted:

giles correy voice: "more... basis points...."
lol

Buck Turgidson
Feb 6, 2011

𓀬𓀠𓀟𓀡𓀢𓀣𓀤𓀥𓀞𓀬

👆 this. I NEED mah CGI punchmans.

Centrist Committee
Aug 6, 2019

Rectal Death Adept posted:

I can see where conspiracies come from because our two choices right now are either that the institution in charge of the economy literally printed over the 2020 recession so hard they made the rich god kings and almost broke the currency itself and now they are aggressively targeting the only operational parts of the economy in one of the single stupidest moves in history ever by complete accident with good intentions or they did it intentionally for some nefarious purpose because it is unbelievable they could be that fuckin dumb

meanwhile congress has no idea when we run out of money but they are still giving wrestling promos where they are talking about all the sweet moves they are going to do at Summer Slam that is "probably in 4 weeks"

it’s gonna be the apotheosis of this thread when it really does all come together

Smythe
Oct 12, 2003
Probation
Can't post for 4 hours!

euphronius posted:

how did magazines and newspapers survive back in the day. I remember millions of magazines and newspapers

euphronius im going to guess bc ppl bought them to read instead of scrolling on their phone, partly due to extremely addictive feedback loops. you know how when yous it on the train ppl are reading they phone? yes my friend its true, back 20 years ago they would be reading the newspaper. cheers

Delta-Wye
Sep 29, 2005
not a newspaper in sight. just people scrollin in the moment

Delta-Wye
Sep 29, 2005

this is a lockdown

Raskolnikov38
Mar 3, 2007

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

JamesKPolk posted:

giles correy voice: "more... basis points...."

lmao

forkboy84
Jun 13, 2012

Corgis love bread. And Puro



Glad someone is saying what needed to be said

super sweet best pal
Nov 18, 2009

Poe's Law is in overdrive.

wynott dunn
Aug 9, 2006

What is to be done?

Who or what can challenge, and stand a chance at beating, the corporate juggernauts dominating the world?
has anyone said thread title yet

webcams for christ
Nov 2, 2005

bank Run Bank RUN BANK RUN BA

https://twitter.com/bloombergasia/status/1654048694348521472

Mola Yam
Jun 18, 2004

Kali Ma Shakti de!

wynott dunn posted:

has anyone said thread title yet

webcams for christ
Nov 2, 2005


Fred Tittle

super sweet best pal
Nov 18, 2009


Ed Balls

genericnick
Dec 26, 2012

Stereotype
Apr 24, 2010

College Slice

all this bank run talk is making me feel like our banking system is strong

forkboy84
Jun 13, 2012

Corgis love bread. And Puro



I also think there will be a bank run and that you should all turn up at 5am outside your local bank to queue up, to ensure you are at the front of the queue. And if anyone asks you what you're doing just explain that after First Republic and SVB you just think that under the floorboards is safer than *insert bank here*

Homeless Friend
Jul 16, 2007

https://i.imgur.com/AnPEsZQ.mp4

Homeless Friend
Jul 16, 2007
lmfao its a whole series.

https://twitter.com/BradTroemel/status/1653883833367019522

genericnick
Dec 26, 2012

Beached Whale
Jun 27, 2009

The world as will and idea
The Wall Street Bets subreddit has a longstanding rule that you can't talk about crypto, I guess it's too degenerate even for them. At least until recently when the subreddit mods were pimping their own shitcoin with the creative name "Wall Street Bets Coin". That was until the mods themselves got rugpulled by the person they hired to run the whole scheme, and now they're screaming mad about it on Twitter, with the subreddit itself operating as if they didn't lose $640k+ to a scammer.

https://twitter.com/wsbmod/status/1653955240666845185

https://twitter.com/zachxbt/status/1653937194388664322

Good Soldier Svejk
Jul 5, 2010


coelomate
Oct 21, 2020



thread title.jpg

DancingShade
Jul 26, 2007

by Fluffdaddy
Just because US banks are popping like a sheet of bubble wrap in the hands of a bored child is no reason to panic, none whatsoever.

WrasslorMonkey
Mar 5, 2012


ok, I'm like 80% sure this guy is a satirist

https://twitter.com/BradTroemel/status/1599468366452097024

FistEnergy
Nov 3, 2000

DAY CREW: WORKING HARD

Fun Shoe
retail nobodies are suddenly making bets against the banks. I assume the overlords will take immediate action to prevent this from being profitable.

coelomate
Oct 21, 2020


toronto dominion bank and first horizon terminate merger deal, shares in free fall

blood elevator may be opening into the end of this week?

webcams for christ
Nov 2, 2005

PacWest is toast

https://twitter.com/business/status/1653864336366919682

Vox Nihili
May 28, 2008


80%, huh?

Rectal Death Adept
Jun 20, 2018

by Fluffdaddy

DancingShade posted:

Just because US banks are popping like a sheet of bubble wrap in the hands of a bored child is no reason to panic, none whatsoever.

the banking system is sound and resilient

safe and sound and resilient

resilient and safe and sound

strong and sound ....safe....safe and sound and ....you know....Look

DancingShade
Jul 26, 2007

by Fluffdaddy
Da-da-dum, dum, dum, another one bites the dust.

No while good it should be 100 bottles of beer.

100 banks full of IOUs on the wall, 100 banks full of IOUs. If one of those banks should happen to fall... 99 banks full of IOUs on the wall.

Koirhor
Jan 14, 2008

by Fluffdaddy

thread tittle

coelomate
Oct 21, 2020


has biden considered bullying jerome powell into printing money?

triple sulk
Sep 17, 2014



Koirhor posted:

thread tittle

ArmedZombie
Jun 6, 2004

Frosted Flake
Sep 13, 2011

Semper Shitpost Ubique

Stereotype posted:

So Powell just kept raising rates in order to increase unemployment except there's not enough people to work since they all died of covid and so he just kept increasing them until all the banks failed lmao

and covid is still raging. It's incredible.

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Dr. VooDoo
May 4, 2006


What happens when banks start popping so fast the loans and debts failed banks own don’t get snapped up by other banks and get lost in the shuffle?

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