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(Thread IKs: skooma512)
 
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Raskolnikov38
Mar 3, 2007

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

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Raskolnikov38
Mar 3, 2007

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

coelomate posted:

picking up the old discussion as we parse the new not-a-bailout bailout:

I think this is kinda spot on? The fed has a dual mandate: low inflation and low unemployment.

They're gonna meet and observe low unemployment and high inflation.

Like I GUESS they might say "uh oh scared of banks going kapow" but... they acted forcefully to stop that. I'd put money on a 0.25% increase or more in 10 days TBH.

the fed abandoned the unemployment part a long, long time ago

Raskolnikov38
Mar 3, 2007

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

unlikely but we’ll see

Raskolnikov38
Mar 3, 2007

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

probably

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
gently caress it just put everything in Tesla since the money hose will never end

Raskolnikov38
Mar 3, 2007

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

let’s form a bank, run on it, and then get bailed out

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
fractional reserve banking? HOW ABOUT NO RESERVE BANKING MOTHERFUCKER

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
if the fdic is now insuring all deposits what’s even the point of holding reserves. in fact just let the banks print dollars directly

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
I’m going to go draw dollar signs on printer paper and go buy groceries with them tomorrow. if anyone complains I’ll just point them to the fed

Raskolnikov38
Mar 3, 2007

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

Joementum posted:

they did that before the civil war

you can find some really cool bank notes on eBay if you have a local bank in your town that’s 200 years old

laughs in panic of 1837ishly

Raskolnikov38
Mar 3, 2007

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

Mola Yam posted:

nikkei and ASX both down ~1%

they ain't buyin' it jay

maybe they should ask the fdic to insure all their deposits too

Raskolnikov38
Mar 3, 2007

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

shyduck posted:

BREAKING: the economy

Raskolnikov38
Mar 3, 2007

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

Centrist Committee posted:

too big to fail = any lovely regional bank in america

Raskolnikov38
Mar 3, 2007

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

HURRAH GAMBLING FOR EVERYONE

Raskolnikov38
Mar 3, 2007

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

mawarannahr posted:

double digits already. rofl

why not, all bets are covered after all

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
https://www.youtube.com/watch?v=GI7sBsBHdCk

retitle this to the federal reserve versus literally anything

Raskolnikov38
Mar 3, 2007

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

https://www.youtube.com/watch?v=O1hCLBTD5RM

Raskolnikov38
Mar 3, 2007

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

Mr Hootington posted:

HSBC bought the SVB UK branch for £1

I’d buy that for a dollar

Raskolnikov38
Mar 3, 2007

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

rex rabidorum vires posted:

I'm going to make a wild assumption here and say that there has been zero discussion over actually re-instating reserve requirements and raising the reserve requirement ratio. Which is extremely funny.

and lose all that liquidity????

Raskolnikov38
Mar 3, 2007

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

coelomate posted:

https://twitter.com/DeItaone/status/1635340451120308226

NASDAQ: hello this is a wellness check. How are you?

Signature Bank: (is dead)

NASDAQ: I'm sorry could you please speak up?

Signature Bank: (ceased to exist on Sunday March 12th 2023 after entering FDIC receivership)

NASDAQ: Look I don't want to do this but if you don't respond to our information requests we aren't going to let your stock trade

Signature Bank: (has no stock as it all got vaporized yesterday)

NASDAQ: You've left me no choice

lmao

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
2 is small potatoes, it’ll be at least +5 tomorrow

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
I can’t wait for the CPI report tomorrow lol

Raskolnikov38
Mar 3, 2007

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

JamesKPolk posted:

getting caught up. Did First Republic make it?

just barely, chase had to buy some of their poo poo to cover

Raskolnikov38
Mar 3, 2007

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

stop promising me a good time

Raskolnikov38
Mar 3, 2007

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

Willa Rogers posted:

What are the CPI changes that are kicking in for tomorrow?

no its just the fed announcing whatever the inflation rate for feburary was

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
so inflation data says keep raising rates, bank explosion data says to lower them

I bet the fed decides to wait and see at its next rate meeting and not do anything until the may meeting

Raskolnikov38
Mar 3, 2007

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

happy st Patrick’s day

Raskolnikov38
Mar 3, 2007

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

anime was right posted:

maisse sucks but yeah thats a bad take from mark kelly lol

he should have been on Columbia

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
lmao if chatgpt managed to pick the day that credit suisse finally fails

Raskolnikov38
Mar 3, 2007

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

Pidgin Englishman posted:

Always a good sign when the bank boss is called coroner

Pepe Silvia Browne posted:

Lol the CEO of Black Rock is named Fink

I demand a better simulation for my brain vat

Raskolnikov38
Mar 3, 2007

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

fanfic insert posted:

if they swapped currency they'd lose the Nazi Gold value modifier

speaking of, the bank for international settlements still exists and is in switzerland

Raskolnikov38
Mar 3, 2007

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

Raskolnikov38
Mar 3, 2007

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

https://www.youtube.com/watch?v=F7eT_Ha2Iq4

Raskolnikov38
Mar 3, 2007

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

RealityWarCriminal posted:

the bank with holes in its leading operations was called Credit Swiss

Raskolnikov38
Mar 3, 2007

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

what have you missed? oh i'd say about 15 years

Raskolnikov38
Mar 3, 2007

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

Paradoxish posted:

So just to clarify, there's still no detailed information on the "material weaknesses" CS reported, right? Everything that's happening right now is essentially self-reinforcing panic that this might be the big one?

the material weakness is that its credit suisse

Raskolnikov38
Mar 3, 2007

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

shrike82 posted:

(USER WAS PUT ON PROBATION FOR THIS POST)

Thorn Wishes Talon posted:

(USER WAS PUT ON PROBATION FOR THIS POST)

is the joke that you can't tell them apart or is thorn really a shrike alt

Raskolnikov38
Mar 3, 2007

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

hmmm

Raskolnikov38
Mar 3, 2007

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

Jon Irenicus posted:

you're laughing? the Nazi war crimes bank is going under and you're laughing?

it is unfortunately not the BIS

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Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
good work fighting to keep the Nazi bank that exchanged cash for gold teeth running John Maynard Keynes

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