ECON [FINANCE] 2023 Banking Crisis DEATHBURGER Thread 2023.2.0 will UBS actually eat Credit Suisse before the Open???
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Zoner
Veteran Member
Dollar Short
Veteran Member
This brew goes great with a deathburger in paradise 
Tristan
Has No Life - Lives on TB
BREAKING NOW: Treasury Secretary Janet Yellen calls unscheduled CLOSED TO THE PUBLIC meeting with top financial regulators..
COLLAPSE IMMINENT?
View: https://twitter.com/ChuckCallesto/status/1639281025531490311?s=20
We're approaching the "Spend what you have, now, before it becomes worth less!" moment.
(Or, is that worthless?)
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Tristan
Has No Life - Lives on TB
TOP PEOPLE!
Wait, sorry! That was the Stooges! Why I'd want to tarnish their reputation, I don't know...
Here's the TOP PEOPLE:
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Tristan
Has No Life - Lives on TB
RT 30:35
GOTS: Get Out of The System | Bill Holter
38,301 views Premiered 18 hours ago
Bill Holter joins us to discuss the recent bank failures in the U.S. and abroad. In two-weeks, seven banks have come into the spotlight: Silvergate, Silicon Valley Bank, and Signature Bank failed; Credit Suisse was taken over by UBS; First Republic and Deutsche Bank have faced significant issues. This is just the tremor before the earthquake, Holter says.
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jward
passin' thru
The Kobeissi Letter
@KobeissiLetter
New Fed data shows banks lost ~$100 billion in deposits last week.
Here’s the breakdown:
1. Large U.S. Banks: +$67 billion
2. Small U.S. Banks: -$120 billion
3. Foreign-Related Banks: -$45 billion
Overall borrowing from banks is up a record $475 BILLION.
The worst part?
SVB is counted as a large bank in this calculation, and large banks still ADDED $67 billion.
Small banks are collapsing.
@KobeissiLetter
New Fed data shows banks lost ~$100 billion in deposits last week.
Here’s the breakdown:
1. Large U.S. Banks: +$67 billion
2. Small U.S. Banks: -$120 billion
3. Foreign-Related Banks: -$45 billion
Overall borrowing from banks is up a record $475 BILLION.
The worst part?
SVB is counted as a large bank in this calculation, and large banks still ADDED $67 billion.
Small banks are collapsing.
'You Know What I Learned Today?': John Kennedy Rips Biden, Yellen On Senate Floor
RT 14:53
coalcracker
Veteran Member
Seems like a good thread to place this sign that I noticed at my local bank today…
Could be they are just simply cutting back hours, right? Just cutting back hours, yeah, that’s all it is. Everything is fine. By the way, the hours that were eliminated were the after work hours from 4-8 PM.
Could be they are just simply cutting back hours, right? Just cutting back hours, yeah, that’s all it is. Everything is fine. By the way, the hours that were eliminated were the after work hours from 4-8 PM.
bw
Fringe Ranger
Cutting hours isn't going to stop a run on the bank. Sounds like they want to save payroll. Probably weren't getting enough late customers to make staying open worthwhile.
Tristan
Has No Life - Lives on TB
Only halfway through, and it's a good (bad) summation of wtf is going on.
Recommended.
eta: don't be shocked if you hear them suggesting Gold, Silver, land, food, etc.
Thanks, Doz.
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emiliozapata
Senior Member
Made another run to the local Amish dent and ding grocery store , preps and more preps
Profit of Doom
Dismember
Profit of Doom
Dismember
Try to add Jewish Eskimo.
Profit of Doom
Dismember
No electricity for them.
RememberGoliad
Veteran Member
Well, you could hook it up to your solar panels. In mid-August, it might get almost as hot as if you left the bread sitting out in the sun!
Samuel Adams
Has No Life - Lives on TB
Wood burning stove.
Antique wire bread toaster.
Whole wheat bread, sliced thick.
Butter from the home dairy.
Honey from the home apiary.
It sure took us long enough;
but we finally took the thread to recipe swap status !
(I mean…..you know……in case the whole ethereal deathburger thing doesn’t pan out…..we’ll still have something to eat)
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mistaken1
Has No Life - Lives on TB
ESG
Interesting
View: https://twitter.com/WallStreetSilv/status/1640018026589290498?s=20
With Chinese investments in Africa, he may well be in the know. I don't think I'd discount him.
Especially with:
and especially with their (and Russia's) accumulation of gold:
moneyweek.com
Throw in the alliances the last week or so with Xi visiting with Putin and their support of the Yuan as the global reserve currency:
www.zerohedge.com
Why are they both looking to destroy the USD as the reserve status? Europe would fall without the US' ability to support and protect it. I'm sorry but I don't buy the propaganda that Russia is getting their hat handed to them. They want the industrial base of Europe as they have plenty of natural resources. The opposite is true for China; they want the natural resources of SE asia and Africa--they have the industrial backbone.
We have neither; we cant use natural resources we have because of environmentalism and regulation and an inept and corrupt political system. We have lost a large part of our industrial base having outsourced that to China.
All you have to do is push on the house of cards and it will tumbler. China and Russia have enough gold to back a gold and oil backed world currency.
View: https://twitter.com/WallStreetSilv/status/1640018026589290498?s=20
With Chinese investments in Africa, he may well be in the know. I don't think I'd discount him.
Especially with:
and especially with their (and Russia's) accumulation of gold:
China almost certainly owns more gold than the US – here’s why that matters
China almost certainly owns a lot more gold than anyone else – including the USA. But how much? And why does it need so much gold? Dominic Frisby explains.
moneyweek.com
Throw in the alliances the last week or so with Xi visiting with Putin and their support of the Yuan as the global reserve currency:
Putin To Xi: "We Support Chinese Yuan Use With Asia, Africa, Latin America" | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Why are they both looking to destroy the USD as the reserve status? Europe would fall without the US' ability to support and protect it. I'm sorry but I don't buy the propaganda that Russia is getting their hat handed to them. They want the industrial base of Europe as they have plenty of natural resources. The opposite is true for China; they want the natural resources of SE asia and Africa--they have the industrial backbone.
We have neither; we cant use natural resources we have because of environmentalism and regulation and an inept and corrupt political system. We have lost a large part of our industrial base having outsourced that to China.
All you have to do is push on the house of cards and it will tumbler. China and Russia have enough gold to back a gold and oil backed world currency.
Yep. And weren't smart enough to keep it that way.
psychgirl
Has No Life - Lives on TB
This is all super unnerving.Interesting
View: https://twitter.com/WallStreetSilv/status/1640018026589290498?s=20
With Chinese investments in Africa, he may well be in the know. I don't think I'd discount him.
Especially with:
View attachment 404434
and especially with their (and Russia's) accumulation of gold:
China almost certainly owns more gold than the US – here’s why that matters
China almost certainly owns a lot more gold than anyone else – including the USA. But how much? And why does it need so much gold? Dominic Frisby explains.
Throw in the alliances the last week or so with Xi visiting with Putin and their support of the Yuan as the global reserve currency:
Putin To Xi: "We Support Chinese Yuan Use With Asia, Africa, Latin America" | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Why are they both looking to destroy the USD as the reserve status? Europe would fall without the US' ability to support and protect it. I'm sorry but I don't buy the propaganda that Russia is getting their hat handed to them. They want the industrial base of Europe as they have plenty of natural resources. The opposite is true for China; they want the natural resources of SE asia and Africa--they have the industrial backbone.
We have neither; we cant use natural resources we have because of environmentalism and regulation and an inept and corrupt political system. We have lost a large part of our industrial base having outsourced that to China.
All you have to do is push on the house of cards and it will tumbler. China and Russia have enough gold to back a gold and oil backed world currency.
For the President of Kenya to come out and say that?
Unless it’s for nefarious purposes to spook the crowd, his tweet shows the entire world knows how bad this is.
night driver
ESFP adrift in INTJ sea
And the Yellen Cabal Emergency Pow Wow results have YET to be bruited about.
Alfred E. Newman said it best: "WHAT?? ME worry??"
Alfred E. Newman said it best: "WHAT?? ME worry??"
I never had a formal class in economics in my life. I am a self - taught Austrian.
This outcome has been inevitable for decades, but inevitable does not mean imminent.
View: https://www.youtube.com/watch?v=d0nERTFo-Sk
Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!
RT 07:32
This outcome has been inevitable for decades, but inevitable does not mean imminent.
Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!
RT 07:32
intothatgoodnight
. . .
Greed.
Systematic fraud within the central banking system model.
The "good life." Most "everyone" in the west has skin in that game.
Et al.
Human nature at its finest.
intothegoodnight
intothatgoodnight
. . .
"In politics, nothing happens by accident. If it happens, you can bet it was planned that way."
— Franklin D. Roosevelt
— Franklin D. Roosevelt
psychgirl
Has No Life - Lives on TB
Yes, exactly!
night driver
ESFP adrift in INTJ sea
Hear the creaking??
It's been creaking since noon yesterday.
You are hearing the creaking of the "current Banking System" trying to find a new balance or homeostasis point.
TRY not to be underneath it when it discovers that there IS NO 'NEW' Homeostasis point.
It's been creaking since noon yesterday.
You are hearing the creaking of the "current Banking System" trying to find a new balance or homeostasis point.
TRY not to be underneath it when it discovers that there IS NO 'NEW' Homeostasis point.
night driver
ESFP adrift in INTJ sea
Yah, and when elephants dance the 2-backed beast, ALL the greenery suffers.
night driver
ESFP adrift in INTJ sea
**GULP**
Look for the Pow Wow 2023.2.2 edition around 6>30 PM EDT.
Look for the Pow Wow 2023.2.2 edition around 6>30 PM EDT.
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