/biz/ - Business & Finance

So what happened?

march 2024
mark your calendars

>>56543553
Your better.

I- I think I'm feeling a poetic verse coming on.

>>56532695
>2008 was a bear trap
uhh yeah. based department? you'll want to take a look at this one.

sell your bitcoin and buy solana

>>56523396
>>56524885
This reads like one of Caincel’s alts. Who is Nick, really?

It would be wise to take profits now

you ready?

Think it would be wise to take profits.

uh oh!

>>56431873
>stocks can't bottom until retail sells
Much of the system's survival depends on retail holding the bag for the collapse instead of diamond handed yoloing into the long side of a failed cellarbox play. They know if they let it crash as things stand there will be major institutions dragged into the maelstrom and don't want to be blamed for it, so they're just propping it up a day at a time until something snaps and they can feign retardation afterwards.

>>56311519
Israel being bombed during a US bank holiday has never happened before.

>>56077777

Red sky in the morning, shortsellers take warning. It's tomorrow.

>>55665032
I do.

>>55612477
>Why would Tether willingly kill a lucrative business model?

He likely meant "what happens when Tether is inevitably exposed as a fraud and the USDT price crashes to $0 USD?"

Cryptocom just updated their terms and conditions for the Visa cards to allow them to move to a different partner bank if Metropolitan Commercial Bank goes under.

Lol, lmao even at the sad retards that haven’t been buying Bobby for pennies on the dollar.
>the pain & destitute of knowing you were successfully psyop’d about the Bobby

>>55137718
Their training and experience have not prepared them for this moment.
>boomers are already maximally in cash and treasuries as the very last ones hit retirement age end of next year
>millennial and zoomer crypto veterans have learned how to buy the dip and HODL so institutions can't just goad us into panic selling to create a bottom - they'd have to be the ones to take the first bite out of the shit sandwich
>people without investment assets or owned homes are just mindbogglingly fucked if inflation so much as STAYS WHERE IT IS for another year or two
>post COVID remote work has destroyed the value of office building real estate and means people aren't commuting in to cities anymore so every move out to the suburbs is a real hit to a city's tax base, which imperils nog control
>that commercial real estate collapse feeds into banks like SVB going under due to CMBS overexposure
>JPow keeps raising rates to bleed out the money supply to stave off hyperinflation which also makes the treasury and mortgage rate risk problems worse but there's a Presidential election coming up so politicians are desperate to punt just another 18 months
>the US economy has not fully delevered since the 1980s
>and in the background, individual GME shareholders keep direct registering their shares, knowing this whole jenga tower rests on Wall Street's shorts, swaps, and options not getting sent to the shadow realm by people without a stake in the system

>>55105898
It's not just taxpayer losses, it's liquidity losses. Citadel's market maket arm is bigger than most individual US stock exchanges, probably bigger than the NYSE if you include PFOF/internalization. We're looking at Total Banker Death if stocks, bonds, and (C)MBSes suddenly become illiquid assets. The Fed is going to have to route the printer directly to the FDIC and NCUA (credit union equivalent) to handle the collapses.

>>54977800
>>you haven’t even seen a fraction of our power. The wage cage sometimes has its advantages
"you're locked in here with us"

Banks are unable to sell bonds for quick cash because of rate risk losses from mortgage backed securities and government debt so they become insolvent when faced with mass withdrawal. The Fed is trying to stop this by accepting treasuries at par value as collateral for loans to these banks but that can only go on so long.