/biz/ - Business & Finance

>>54072090
It is literally the Federal reserves job to provide short term liquidity in such situations, in the form of a LOAN.
No one backs your jeetcoin because it has no assets, SVB has the assets to secure the loan.
IT IS NOT AN OVERLEVERED BANK
It simply had most of it's holdings invested long term, and it's liquidity was insufficient against a major run performed by it's select group of dimwit Venture Capitalists.

>>53086430
It's like you get all your True Facts from tobacco industry doctors and "scientists".
>Yes basically every glacier on the planet is almost totally gone, and the ocean temperature is rising even faster than pessimists predicted, but there's still ice in Antarctica so IT'S FINE, beleeb the good lads at Faux News and Satire, who are owned by OPEC.

>>52326941
>I slurped the dip.
People said that last month, too. You're catching a falling knife is all.

>>19661494
Basically the US Senators got a secret heads-up that Corona-chan is going to run wild all year, and doomped stock again, and their fund managers had a round of golf with some of their hedge fund buddies, and nature took over.

TIRED
CLEARLY SICK
PRESIDENT
RAMBLES
AIMLESSLY
BARELY HAS
ENERGY ENOUGH
TO CONGRATULATE
HIMSELF