(Thread IKs:
skooma512)
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Dr. VooDoo posted: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? something pretty funny, i bet
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May 4, 2023 13:21
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| # ? Jun 7, 2024 09:33 |
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Dr. VooDoo posted: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? That's what economists refer to as The Cool Zone
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May 4, 2023 13:22
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Vox Nihili posted:80%, huh? 75
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May 4, 2023 13:22
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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 I mean even without covid, what made the volcker shock so effective is that it accompanied a transition from industrial capitalism to financial/service capitalism. industrial jobs were destroyed, the factories closed, and then production was moved abroad. inflation was offset by Unequal [international] Exchange and the subsequent growth of the reserve army of labor drove wages down, accompanied by the breaking of labor power. Powell is running a 50-year-old playbook that was created for a specific set of historical macroeconomic circumstances which no longer exist. also, the ECB hiked 25 BPS, as expected
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May 4, 2023 13:26
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webcams for christ posted:I mean even without covid, what made the volcker shock so effective is that it accompanied a transition from industrial capitalism to financial/service capitalism. industrial jobs were destroyed, the factories closed, and then production was moved abroad. inflation was offset by Unequal [international] Exchange yep. trying to reproduce the distant past in spite of the present ftw
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May 4, 2023 13:27
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https://twitter.com/markets/status/1654084728322965505?s=20
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May 4, 2023 13:29
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Raskolnikov38 posted:anyhow powell should keep raising rates anyway. killing the zombie economy is probably the better option in the long run not really since the goal is just concentrating power in a few mega firms I guess it was inevitable
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May 4, 2023 13:30
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coelomate posted:toronto dominion bank and first horizon terminate merger deal, shares in free fall They realized they don’t need to use the blood elevator if they just keep pushing rubes like you and me down the stairs
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May 4, 2023 13:43
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I think they should raise taxes
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May 4, 2023 13:47
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the fed should give everyone $2000 a day and then all their CEO friends would be very rich and happy and could raise prices and funko would be saved
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May 4, 2023 13:51
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Jeremy Corbin campaigned on a law where if a British company tried to leave they would have to first offer to sell the company to the workers at market rate.
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May 4, 2023 13:58
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Mola Yam posted:something pretty funny, i bet They begin foreclosures and repossessions indiscriminately
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May 4, 2023 13:59
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when people say regional bank i think of an old timey red brick building with some faux roman columns and a worth of 50 million, when in reality these banks are huge and worth billions each
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May 4, 2023 14:00
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is pepsi ok posted:Jeremy Corbin campaigned on a law where if a British company tried to leave they would have to first offer to sell the company to the workers at market rate. Let’s cool it with the antisemitic remarks
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May 4, 2023 14:01
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Egg Moron posted:Let’s cool it with the antisemitic remarks
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May 4, 2023 14:05
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Look at this guy's face https://twitter.com/LastCallCNBC/status/1653543348223787009
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May 4, 2023 14:06
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Egg Moron posted:Let’s cool it with the antisemitic remarks
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May 4, 2023 14:08
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webcams for christ posted:bank Run Bank RUN BANK RUN BA how weird half of all americans dont have any savings worth poo poo to worry from bank failures either
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May 4, 2023 14:09
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SKULL.GIF posted:Look at this guy's face Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. In a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million (although his personal website claims $200 million)[7] and permanently barred from the securities industry by the Securities and Exchange Commission.
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May 4, 2023 14:10
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the bank store called theyre running out of you!
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May 4, 2023 14:18
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SKULL.GIF posted:Look at this guy's face see the problem with this banks is that they were performing a socially necessary function rather than trying to squeeze every ounce of blood out of the market possible
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May 4, 2023 14:19
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a.lo posted:the bank store called theyre running out of you!  just more problems with the market. is the fed going to bail this out too?!
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May 4, 2023 14:19
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webcams for christ posted:Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. In a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million (although his personal website claims $200 million)[7] and permanently barred from the securities industry by the Securities and Exchange Commission. A hero
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May 4, 2023 14:21
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DrPossum posted:
Still implies spending money on a non oligarch so probably not, unless they can sell you afterwards. If the bank can run too can it outrun the bank run?
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May 4, 2023 14:26
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Egg Moron posted:Let’s cool it with the antisemitic remarks lmao
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May 4, 2023 14:34
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Egg Moron posted:Let’s cool it with the antisemitic remarks thread title
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May 4, 2023 14:35
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StealthArcher posted:Still implies spending money on a non oligarch so probably not, unless they can sell you afterwards. how many bank runs could a bank outrun if a bank runs to outrun bank runs?
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May 4, 2023 14:38
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Egg Moron posted:Let’s cool it with the antisemitic remarks
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May 4, 2023 14:40
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net work error posted:When is Jay turning the rate knob again wish he'd touch my knob
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May 4, 2023 14:44
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webcams for christ posted:bank Run Bank RUN BANK RUN BA Pretty sure most people would have never noticed any of this if the government hadn't come running breathlessly into the room to scream about the strong and stable banking system. "Don't worry we have infinite money and we can rescue all the banks" was maybe not as smart of a messaging move as intended
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May 4, 2023 14:45
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RadiRoot posted:wish he'd touch my knob You can do better OP
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May 4, 2023 14:47
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forkboy84 posted:You can do better OP i want to do worse
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May 4, 2023 14:49
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https://twitter.com/charliebilello/status/1654119256814919681
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May 4, 2023 14:54
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what a fuckin loser
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May 4, 2023 14:58
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Celexi posted:those things had expiration dates mate the ua flag remains a solid indicator of garbage opinions, lol Regions Bank must be looking healthy, they just put capital controls in place. 100k cap on daily outbound.
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May 4, 2023 15:10
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bet the regional banks are going to be offering some sick deals in the hope that anything they agree will be bailed out
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May 4, 2023 15:11
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https://twitter.com/lisaabramowicz1/status/1654127761987104774?t=sAsYzGXKO1J7ijo-QcmY6A&s=19 https://twitter.com/IvanTheK/status/1654127051350368257?t=zhlJXqw3dtOw0I-hP0EF8Q&s=19
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May 4, 2023 15:18
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the bleeding is not yet sufficient to require us applying pressure
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May 4, 2023 15:20
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It's regional banks turn to be thrown into the volcano to appease Number
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May 4, 2023 15:21
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| # ? Jun 7, 2024 09:33 |
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SSRs would probably trigger a legit bank run. Just mentioning the possibility is kind of bad.
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May 4, 2023 15:22
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