ECON [FINANCE] First Deathburger Thread of the 2023 Banking Crisis. ALL welcome (hall passes at the door). Have At It.

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Cowgirl4christ

Cowgirl4christ

Senior Member
night driver said:
I will make sure I have plenty of hardwoods, AND MESQUITE!!! CAN NOT forget the mesquite this time.
There will be plenty of ground beef, and a pile of brisket over on the prep sideboard Sunday afternoon for DEATHBURGER 2023.2 this weekend. It APPEARS we're going to need it all.


And while I am doing the prep-work in Cyber-life, I am calling on EACH and EVERY ONE OF YOU in Meatspace to spend some time Friday looking through your pantry cupboard, or cold room, or carrot and root crop sandbox, and freezer to make SURE you will have AT LEAST enough for a decent Easter Feast, and a good, strong Planting Finish celebration, with enough food to get you through the spring harvest and into the summer harvesting and canning time.

PLEASE look AHEAD and PREPARE, people. I don't want to wander all alone through these Forum Halls, with only the echoes of the heels of my Justins on the Parquette floor, echoing down the long, dim, empty halls.

DO NOT SCREW THIS UP, PEOPLE!!! Starvation is a TERRIBLE WAY TO GO!!! DON'T GO THAT WAY!!
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Oh. At first I thought you wanted us to bring side dishes… like a potluck. My bad. You switched into Prepper-mode and I didn’t catch it lol!
 
Sammy55

Sammy55

Veteran Member
I totally agree that the Fed - gov and/or reserve - are causing this and/or manipulating all of this. However, me thinks that they may have bit off more than they can chew. I think they started it and wanted to have a controlled demolition but it has started and will continue to be less and less controlled. Maybe I'm wrong. Maybe they want an uncontrolled demolition and a fast moving catastrophe.

When it comes to this inept and gd (and I do mean gd!) administration, I don't know anymore. Sometimes they look like it's all going according to their plan and other times it looks like they are in deep water and going down with the Titanic.

Either way, I'm working to see what holes we need plugged and get them filled. Getting ready for whatever, from economic collapse to all out nuclear war, is not as easy as it sounds. If you aren't all or mostly ready, you won't make it. And even if you are, you likely won't make it. So very glad I have Jesus! I know where I'm going and old enough to say "the sooner, the better." I just worry about my kids and grandkids.
 
CaryC

CaryC

Has No Life - Lives on TB
mecoastie said:
I lived here for a while when I was younger. 20 plus years ago it was a blast! We will see today. Probably in bed by 9
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Saw a headline that stated something to the effect of making it a LBGQT+ event, either in Boston, or Ireland.
 
Milk-maid

Milk-maid

Girls with Guns Member
This bank collapse thing has been coming on for a long time.
However, this is what I saw that had me calling friends and warning them to get their money out of the bank.
It was posted back in January. I screen captured it.
There was another one that same day, saying the same thing for Citibank.

boa.jpg
 
Dollar Short

Dollar Short

Veteran Member
No matter what happens in the coming days/weeks, one thing we can be assured of is that the average American is going to be screwed once again, while the elite and the Commies will have their investments protected at taxpayer expense.

Everytime I listen to the clip below, I can hear Ross Perot's warning in my head from the 90s of the 'giant sucking sound' while Clinton/Bush/Gingrich were assuring Boobus Americanus that with NAFTA/GATT etc. we were going to export the crappy low paying jobs while we would all end up in high tech/green high paying jobs. Unfortunately the bulk of the voters apparently believed that steaming pile of crapola.

George Carlin explained it very well (PG-13 language warning)
View: https://www.youtube.com/watch?v=rsL6mKxtOlQ
 
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vector7

vector7

Dot Collector
vector7

vector7

Dot Collector
Ted Cruz Blasts Biden For Bailouts Of Corrupt 'Bonnie And Clyde' Banks
“They’re robbing the bank as they know their customers’ deposits are about to get blown up. And much of the media coverage has ignored the exceptionally bad conduct by the bank’s officers.”
https://twitter.com/i/web/status/1636771944807944193
View: https://twitter.com/zerohedge/status/1636771944807944193?s=20


Remember that time Signature Bank cut ties with President Trump and called for his resignation?
Or that time SVB and Signature started going woke?
Well now the sayings are true…
Go Woke Go Broke…
Everything Woke (DNC/DS TOUCHES) Turns to Shit…
and the other side gets stuck bailing out making the DNC/DS whole
https://twitter.com/i/web/status/1635090718715961344
View: https://twitter.com/BryanDMcNally/status/1635090718715961344?s=20
 
The Hammer

The Hammer

Has No Life - Lives on TB
vector7 said:
And for today's bank bailout, the Big Banks will again recycle all the deposits they got from small banks in the past 24 hours back into the small banks
https://twitter.com/i/web/status/1636707230304149504
View: https://twitter.com/zerohedge/status/1636707230304149504?s=20


Here is the snippet:
RT 4min
https://twitter.com/i/web/status/1636541309015019522
View: https://twitter.com/BittiesNo/status/1636541309015019522?s=20
Click to expand...
Yellen has an accent only a mother could love. Good night.
 
vector7

vector7

Dot Collector
vector7

vector7

Dot Collector
vector7 said:
Remember that time Signature Bank cut ties with President Trump and called for his resignation?
Or that time SVB and Signature started going woke?
Well now the sayings are true…
Go Woke Go Broke…
Everything Woke (DNC/DS TOUCHES) Turns to Shit…
and the other side gets stuck bailing out making the DNC/DS whole
Click to expand...
In contrast...

BREAKING REPORT: Mike Lindell Was Forced to Take Out a $10 MILLION LOAN To Keep My Pillow Alive After FACING (DNC/DS) LAWSUITS Over His Continued Fight For Election Integrity..
https://twitter.com/i/web/status/1636462229959614469
View: https://twitter.com/ChuckCallesto/status/1636462229959614469?s=20
 
M

mecoastie

Veteran Member
CaryC said:
Saw a headline that stated something to the effect of making it a LBGQT+ event, either in Boston, or Ireland.
Click to expand...
Haven’t seen it yet. But it wouldn’t surprise me. Boston is probably my favorite city but man it has changed. Holy hell beers are expensive!!
 
vector7

vector7

Dot Collector
Peter Schiff: #Gold is up another $45 so far today, trading at $1,965. As I've been forecasting, gold stocks are no longer following the #StockMarket lower (#Dow down 400) but are following the metal higher ($GDX up 3.5%). Investors are figuring out #bank #bailouts means higher #inflation.
https://twitter.com/i/web/status/1636745508105641985
View: https://twitter.com/PeterSchiff/status/1636745508105641985?s=20

Peter Schiff: #JanetYellen doesn't understand unintended consequences, as she said it was not her intention that larger depositors move their money from smaller #banks to larger, systemically important banks as those are the only banks that now explicitly enjoy unlimited government protection.
https://twitter.com/i/web/status/1636781874801524766
View: https://twitter.com/PeterSchiff/status/1636781874801524766?s=20

Peter Schiff: As I warned for years the only way the #Fed can come close to achieving its 2% #inflation target is to allow a worse financial crisis than 2008 to run its natural course, with no bailouts for banks or their customers. The Fed chose bailouts and surrendered the inflation fight.
https://twitter.com/i/web/status/1636762542784561153
View: https://twitter.com/PeterSchiff/status/1636762542784561153?s=20
 
CaryC

CaryC

Has No Life - Lives on TB
D

Dozdoats

On TB every waking moment
The older he gets, the more Buffett looks like my dad (died in 1998
). Seeing his picture now is a shock.
 
S

Squid

Veteran Member
Milk-maid said:
This bank collapse thing has been coming on for a long time.
However, this is what I saw that had me calling friends and warning them to get their money out of the bank.
It was posted back in January. I screen captured it.
There was another one that same day, saying the same thing for Citibank.

View attachment 402978
Click to expand...
BS click bait headline.

Transactions being delayed with all the counterparty risk IS NOT the same as money missing from account.

Man isn’t there enough real stuff??? Don’t see a need to inflame the panic and worry.
 
S

Squid

Veteran Member
I suggest you all prepare for the long haul and don’t lose your minds all in the first week.

Commercial real estate was in depression Before bank-a-geddon hit the regional banks who handle most commercial real estate. For a while expect negative feedback loop at com real estate sinks lower, hitting banks who get stressed, who reign in lending in com real estate, rinse and repeat until low us reached.

Car loans for lowest credit scores are running 10+% in arrears 60+ days and rising with loans that in many cases are higher than the cars current value Before repo’s hit the used market. Car finance agencies are finding investors at this time have no desire to buy bundles of car loans. This will raise standards And cost for financing all imho auto purchases likely hitting sales.

As the panic spreads people withhold discretionary spending, impacting sales and likely leading to more store closures (impacting com real estate see above) and causing people to get laid off or worry about getting laid off and spending less rinse and repeat.

Oh and the progressive hag running treasury announced that not all depositors in the future can expect to be bailed out Over $250,00 current limits. Seems bailouts are for the 4 to big to fail AND banks for big demo contributors and banks that handle money for governers of California. Democrats and this includes your neighbors want those in fly-over states to know you can go f yourself for all they are concerned. This is Not Your government its theirs.
 
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