Nervous on banks?

[bottomups]

I heard that SVB lobbied for reduced regulations and for the last 8 months they didn't have anyone in charge of risk assessment.

We gotta reduce regulations for all businesses, not just banks and railroads. What can go wrong?

 

[Over70irregs]

We gotta reduce regulations for all businesses, not just banks and railroads. What can go wrong?

All you need is sound $. Current system is unsound and it’s captain obvious.

 

[Over70irregs]

Someone started to walk the bases. Game theory. Amid Crypto Bank Crisis, Fidelity Expands Bitcoin, Ether Trading To Most Retail Accounts

 

[bbsam]

They need a compromise.
0% interest on the national debt credit card has expired

Any compromise sets a terrible precedent on money that’s already spent.

 

[IVE GOTTA PACKAGE 4U]

Any compromise sets a terrible precedent on money that’s already spent.

How do we get out of this mess?

 

[BrownFlush]

 

[Thebrownblob]

View attachment 421327

@MECH-lift

 

[bbsam]

How do we get out of this mess?

Maybe on the other side of a depression?

How long did people think 0% interest to the banks would last? I guess when people will spend on a 22% credit card money that the bank gets a 0%, the general financial understanding of citizens is pretty low.

The Fed kept things afloat for a good long time. Maybe they’re running out of magic tricks and snake oil potions.

 

[Thebrownblob]

Maybe on the other side of a depression?

How long did people think 0% interest to the banks would last? I guess when people will spend on a 22% credit card money that the bank gets a 0%, the general financial understanding of citizens is pretty low.

The Fed kept things afloat for a good long time. Maybe they’re running out of magic tricks and snake oil potions.

I agree with you that the Fed was using magic, tricks and smoke and mirrors, eventually will all have to pay in some manner or another for recklessness.

 

[IVE GOTTA PACKAGE 4U]

Maybe on the other side of a depression?

How long did people think 0% interest to the banks would last? I guess when people will spend on a 22% credit card money that the bank gets a 0%, the general financial understanding of citizens is pretty low.

The Fed kept things afloat for a good long time. Maybe they’re running out of magic tricks and snake oil potions.

You can't keep spending more than you take in and you can't save the world if you can't solve your own problems first.

 

[bbsam]

I saw some headlines that other banks were jumping in to stabilize failing banks. I didn’t read the articles yet but my gut reaction is that this is probably as bad as a government bailout. The savior banks are just insulating themselves with “too big to fail” status.

 

[IVE GOTTA PACKAGE 4U]

I saw some headlines that other banks were jumping in to stabilize failing banks. I didn’t read the articles yet but my gut reaction is that this is probably as bad as a government bailout. The savior banks are just insulating themselves with “too big to fail” status.

Or maybe they're just trying to save a run on the banks for everyone including themselves

 

[Over70irregs]

How do we get out of this mess?

We cannot it’s too late. Notice the 246k is under the 250k insurance cutoff.

 

[BrownFlush]

I saw some headlines that other banks were jumping in to stabilize failing banks. I didn’t read the articles yet but my gut reaction is that this is probably as bad as a government bailout. The savior banks are just insulating themselves with “too big to fail” status.

They are chipping in to a total of 30 billion what I heard.

 

[bbsam]

You can't keep spending more than you take in and you can't save the world if you can't solve your own problems first.

Can you tell me when the last time US isolationism has been good for the nation or the world? In reality, being the worlds lone superpower might mean the world’s problems are our problems.

 

[bbsam]

They are chipping in to a total of 30 billion what I heard.

Probably not out of patriotic duty or the kindness of their hearts.

 

[Over70irregs]

Can you tell me when the last time US isolationism has been good for the nation or the world? In reality, being the worlds lone superpower might mean the world’s problems are our problems.

Which

They are chipping in to a total of 30 billion what I heard.

Jerome Powell and the Fed's balance sheet increased by $300 Billion last week to $8.69 Trillion as of March 15th

 

[IVE GOTTA PACKAGE 4U]

A New Bank Run ( First Republic )

Here is a link to my Real Estate channel please subscribe: https://youtu.be/QgMPGfM4yx0🚨 If you would like to take advantage of the next real estate crash I...

www.youtube.com

 

[IVE GOTTA PACKAGE 4U]

U.S. bank deposits have started moving to money market funds - Goldman Sachs

Goldman Sachs said deposits have started to move out of U.S. banks and towards money markets funds, as investors seek the safety in Treasury securities amid worries about stresses in the banking sector.

www.reuters.com

 

[MECH-lift]

I’m broke