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(Thread IKs: skooma512)
 
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Red Baron
Mar 9, 2007

ty slumfrog :)

my bony fealty posted:

waiting to see if the VCs and their companies who parked money in FR are going to start running today

it'd be hellaa funny if a bunch of em transferred cash from SVB to FR and then start moving it from FR to ?? today. The bank run treadmill.

imagining a future of never ending bank runs, every day a new bank collapses, and in its place a newer, somehow sketchier replacement crops up, until eventually we’re all just banking with payday loan vendors.

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Red Baron
Mar 9, 2007

ty slumfrog :)
well they do say deaths come in threes

Red Baron
Mar 9, 2007

ty slumfrog :)

Zeroisanumber posted:

We all already know who the government works for and the bailout isn't a surprise. But I'm still mad.

it’s that they couldn’t even pretend to move slowly, they don’t even do the theater for us anymore

where’s the passion? the spark has gone out of this romance

Red Baron
Mar 9, 2007

ty slumfrog :)

blood?

Red Baron
Mar 9, 2007

ty slumfrog :)

Mr Hootington posted:

People at my work are starting to talk and get antsy about this. I can overhear them saying ALL banks are having runs and are failing and people need to get their money out now.

Should be interesting to see if they do this.

FUD is the contagion they should have been worried about the whole time

Red Baron
Mar 9, 2007

ty slumfrog :)

HallelujahLee posted:

bofa must be destroyed

bofa will be the last bank standing and it will be very lmao

Red Baron
Mar 9, 2007

ty slumfrog :)

HallelujahLee posted:

i hope whoever bought wachovia gets owned

Wells Fargo :unsmigghh:

Red Baron
Mar 9, 2007

ty slumfrog :)

Mr Hootington posted:

I will poo poo myself laughing if social media causes a FUD based economic crash

Red Baron
Mar 9, 2007

ty slumfrog :)

Burn Zone posted:

but MY money is still good

actually in the coming future money is only good if your pedigree is also good

Red Baron
Mar 9, 2007

ty slumfrog :)

Red Baron
Mar 9, 2007

ty slumfrog :)

Marx Headroom posted:

its pretty funny that something is happening, but reporting on it would make it worse

Roko’s Financial Crisis

Red Baron
Mar 9, 2007

ty slumfrog :)

jfc 80%

Red Baron
Mar 9, 2007

ty slumfrog :)

SKULL.GIF posted:

We lost 3 banks over the course of a week last week.

We're about to lose 3 more in one day.

please

it’s not even noon yet we might get even more than 3!

Red Baron
Mar 9, 2007

ty slumfrog :)

SKULL.GIF posted:

I'm vibing rn :cool:

Red Baron
Mar 9, 2007

ty slumfrog :)

euphronius posted:

the fed already knows the February cpi numbers right ?

almost certainly

Red Baron
Mar 9, 2007

ty slumfrog :)
BTC ATH by tomorrow

Red Baron
Mar 9, 2007

ty slumfrog :)
Joe Biden will never be a top 5 or even top 10 president while he still owes me $600

Red Baron
Mar 9, 2007

ty slumfrog :)

Adjectivist Philosophy posted:

love my disintegrating president



mr president

Red Baron
Mar 9, 2007

ty slumfrog :)

Woke Mind Virus posted:

if they called that lunchable charcuterie you'd be paying 15 dollars for it as an appetizer. stop being picky!

stop giving them ideas!!

Red Baron
Mar 9, 2007

ty slumfrog :)

Woke Mind Virus posted:

Is one of these numbers bothering you? If so, just pick another one! easy peasy.
CPI
CORE
CORE +
CORE LESS THAN SHELTER
SUPERCORE

the economic reports are like ordering off a Chinese menu

little from column a, little from column b

Red Baron
Mar 9, 2007

ty slumfrog :)

SKULL.GIF posted:

STRONG, STABLE

SOFT, SAFE

STRONG, STABLE

SOFT, SAFE


STRONG, STABLE

SOFT, SAFE


BLOOOOOOOOOOODDDDD

Red Baron
Mar 9, 2007

ty slumfrog :)

Good Soldier Svejk posted:

Look they made infinite free money during the pandemic and they will be chasing that high for the rest of all of our increasing short and miserable lives

I mean the answer is simple: another pandemic

Red Baron
Mar 9, 2007

ty slumfrog :)
I’m massaging the numbers as hard as I can!

Red Baron
Mar 9, 2007

ty slumfrog :)

HallelujahLee posted:

these seem to be dogshit figures even with their massaging

now just imagine the real numbers!

Red Baron
Mar 9, 2007

ty slumfrog :)

euphronius posted:

I would have though something called producer price index would refer to the prices workers pay for things but it looks like that is not the case.

no no no, there are no “workers”

there are “producers” (capital, only money can make money) and “consumers” (everyone else)

“workers” is an archaic term that we prefer not to use. you see, we’re all a big family here…

Red Baron
Mar 9, 2007

ty slumfrog :)

Milosh posted:

Where should I put my money? If it all goes to hell.

probably into a fire pit

Red Baron
Mar 9, 2007

ty slumfrog :)

forkboy84 posted:

(Do not listen to any financial advice from me. I have invest £0 & $0)

why do you hate number so?

Red Baron
Mar 9, 2007

ty slumfrog :)

coelomate posted:

Credit Suisse Group AG market cap is ~7.3 billion now that it’s down 25% today

market cap is baaaasically what SVB was the day its throat got slit (6.3 billion or so)

lmao at being GLOBALLY SYSTEMATICALLY IMPORTANT and also on the dollar menu

I’m lovin’ it

Red Baron
Mar 9, 2007

ty slumfrog :)

Mirthless posted:

Hard to believe this is real tbh

is it?

Red Baron
Mar 9, 2007

ty slumfrog :)
it would be against the fiduciary duty of the board of SVB to not advertise the fact that they’re able to be bailed out whenever.

Red Baron
Mar 9, 2007

ty slumfrog :)

immaculate

Red Baron
Mar 9, 2007

ty slumfrog :)

:sickos:

Red Baron
Mar 9, 2007

ty slumfrog :)

ScootsMcSkirt posted:

so whats going on with credit sussy? Are they getting bailed out or something

is anyone even large enough to bail them out solo?

Red Baron
Mar 9, 2007

ty slumfrog :)
https://twitter.com/darkdotfail/status/1636021115838447618?s=46&t=oj8keVLy-071387ITfdh2A

well… they ain’t wrong

Red Baron
Mar 9, 2007

ty slumfrog :)

FlapYoJacks posted:

that was 3 years ago lol.

lmao

hey man at 24 they’re much more mature than at 21!

Red Baron
Mar 9, 2007

ty slumfrog :)

Al! posted:

college teaches you how to bullshit old white people and bully underpaid administrators and it doesnt matter if its google or chatgpt, as long as you learn the lesson

uh oh, I’m at the wrong school then

Red Baron
Mar 9, 2007

ty slumfrog :)

hmmm troubling that all these banks seem to have too little money…

JAAAAYY!!!

Red Baron
Mar 9, 2007

ty slumfrog :)

Nonsense posted:

EXCESS BLOOD EXCESS BLOOD

about to take the economy from T to M for blood and gore

Red Baron
Mar 9, 2007

ty slumfrog :)
I love it, amazing, BOTH numbers now go up: money printed and interest rates, True Number’s most precious children are finally ascending to the sky just like their progenitor!

ty Jay

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Red Baron
Mar 9, 2007

ty slumfrog :)

gently caress COREY PERRY posted:

I was promised bank death not bailouts :mad:

but that’s what happens when banks die, their amazing J-POW triggers go off and they are immediately reborn, more beautiful, resplendent, and rich than ever before!

isn’t the monetary cycle just magical?

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