/biz/ - Business & Finance

Europoor here, should I be worried?
Is it a risk for yuro banks?

>>54050185
It’s illegal to insight bank runs

>>54050185
Sure pal, I'll rush down there first of the morning and pull out my $3.00

>>54050185
Man it feels good to be a bitgangsta

>>54050185
It's really over this time isn't it?

>>54050206
this isn't even the real problem
everyone is distracted by this 2-bit shitstick mayberry regional bank going under.
credit suisse is the first domino

>>54050185
Why would I take my money out of the fed just guaranteed all of it?

>>54050185
Gold and silver will go ballistic

>>54050240
this
the only ones worried about bankruns are richfags destined for the hard labor camps

>>54050206
Investors have been packing into the yen because their financial institutions are less involved than European ones, so probably check some balance sheets at the least.
>>54050218
>reporting the news is inciting a bank run
Post nose

>>54050218
Okay then arrest the federal reserve and bankers. They started it.

>>54050185
Wells fargo is getting the rope for sure.

>>54050218
Also it’s incite* dumb nigger

>>54050185
>backstop deposits

what did they mean by this

>>54050206
>Is it a risk for yuro banks?
Ask Cyprus. The test bail in happened there.

>>54050218
jewish hands wrong this stupid nigger post

>>54050185
At that point, just scrap the whole private banking system and hold deposits at the Fed with 100% guarantee. These middlemen bankers are just extracting wealth while incompetently performing a very basic service.

>>54050218
You're right, BUY BITCOIN WITH EVERY CENT YOU HAVE

>>54050304
Yes. Especially since the COMEX faults have been drained of both

>>54050370
>hold deposits at the Fed
Hard pass
https://files.catbox.moe/ti96sc.webm

>>54050352
>gold and silver were useless because we didn’t buy any beforehand

>>54050335
The statement means that the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve are discussing the possibility of creating a fund to support depositors in the event of future bank failures, following the collapse of Silicon Valley Bank. The idea behind the fund is to provide a safety net for customers who have deposits in banks that fail, ensuring that they will not lose their money. The discussions between the FDIC and the Federal Reserve are likely aimed at determining the feasibility of such a fund and what steps would need to be taken to establish it.

>>54050402
The fact they are even having this conversation just shows they know other banks will be affected soon enough

>>54050352
>house sales collapsed as no money could be moved
>gold and silver were worthless because nobody had cash to exchange for goods
The redditor that wrote that is completely clueless.

>>54050402
Aren't all deposits up to $250k insured already?

>>54050218
>Illegal to have insight on bank runs
Like it's stopped bankers from pulling their cash out before normal fags.

>>54050185
Why would I take my money out when it's FDIC insured?

>>54050468
They're talking about rich fags and business accounts with millions of dollars I'm assuming

>>54050468
A lot of businesses need more than $250k to operate retard

>>54050402
>Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve are discussing the possibility of creating a fund to support depositors in the event of future bank failures
Vidrel from FDIC Nov 22' meeting. They already have the fix.
https://www.youtube.com/watch?v=jAQg7wkK4as

>>54050485
>>54050468
the FDIC doesn't have nearly enough money to bail out every single bank account with less than 250k, not even close.

>>54050468
Insured by what? Lmao another bank? A government whose economy will tank if banks go belly up? Oh right they'll just print more money. Yeah enjoy your hyperinflation
>heres your 50,000 goybuck reimbursement, now worth 10 dollars

>>54050206
If the dollar fails (and it will) we are all screwed. You should get ammo and food.

>>54050402
strong chatgpt response

>>54050492
Then perhaps they shouldn't have given their money to be invested by a startup scam bank.

>>54050399
Take your meds, schizo. Anything you fantasize about them doing they can already do now. The middlemen bankers add nothing of value.

>>54050447
>reddit
It was a Mark Moss video about the FDIC meeting discussing bail ins.

>>54050402
And the discussion means they know for a fact more banks will fail, likely more than just a couple

>>54050468
The Fed would be forced to print trillions more dollars to pay peopel back thus further destroying the dollar's value thru inflation

>>54050218
Maybe it should be illegal for banks to mishandle funds. How about that?

>>54050524
I'm fine with them using Bitcoin

>>54050492
As a business owner, they should have done risk management then. Not my fault if they lose everything in a scam

>>54050370
I've been saying this for a while. Just legislatively allow the fed or some other new org the ability to just accept deposits, which they can't touch, and allow withdrawals.

It would be deflationary as well.

Does the fdic even have enough money to cover more banks failing kek ?

>>54050185
Nigga, they'll just print more money if the FDIC runs out of cash.

I did just transfer all the excess cash in of my Fidelity brokerage account to my regular bank account though.

>>54050185
>disclose tv
No thanks Russia. I just deposited another 1k.

Folks listen up, I need answers to two questions and I need them now
First, how can I blame this on Trump?
Second, how do we ensure jews are insulated from financial losses and the subsequent violence if right wing lunatics blame this on jews instead of the straight white male Christians that "indirectly" instigated this

>>54050581
>I did just transfer all the excess cash in of my Fidelity brokerage account to my regular bank account though.
Why, is Fidelity at risk?

>>54050586
Bloomberg reported anon. Or are they also pro Putin in your warped view of reality

>>54050576
Banks are scams you fucking retard.

>>54050402
They don't need a fucking fund that just creates inflation and doesn't solve the problem. The central bank has to act like a fucking bank for once and actually start taking deposits.

>>54050468
total assets held by the FDIC corp are 130 Bn, how many banks will that last. If SVB was 3-4 bn insured bc of UHNWI then the wider spread will drain it FAST

>>54050586
>muh russia
Its afraid

>>54050580
Nope.
It would only take 5% of the military budget to do that, by the way.
But that won't happen because Putin is being a triple faggot

>>54050296
So what shenanigans were those mountain jews up to?

>>54050580
If it didn't the uniparty would just vote to give them more funds.

>>54050635
Rapidly deteriorating client/investor confidence and a mountain of unrealized losses

>>54050576
>>54050492
>>54050524
The problem will be if other banks go down and businesses suddenly don't have access to their cash. Payroll has to come from somewhere.

Smart CFOs will be rolling cash into ultra-short T-bills as a backup.

>>54050606
>>54050618
Clearly referring to the OP title not the article within the post.

>>54050400
During liquidity crunches precious metals do very poorly because everyone sells them in order to pay off their debts due to the lack of capital.

>>54050185
Bong here - NO money available at any HSBC or Barclays ATMs today.

>>54050218
What does this have to do with this thread?
What the FED is doing here is exactly correct and will prevent further bank runs

>>54050311
witnessed.

>>54050352
>Gold and silver were also useless as nobody had cash for metal (lol too late bro) and nobody would take it directly for goods (absolute horseshit, literal lie, as if someone wouldn't take jewelry in exchange for food when their bank is collapsed). Smells like a reddit post.

>>54050657
The problem there is why, as a taxpayer, should I once again bail out the rich? Small business owners will not have much more than the FDIC limit if they even have that much. You’re talking about larger companies and corporations

>>54050218

>>54050721
>why, as a taxpayer, should I once again bail out the rich?

Yeah you should get onto your local politicians about that, I'm sure they will listen to you LOL

>>54050218

>>54050711
A fund is not the solution, it just means that banks can play even more fast and loose with your money, invest it in whatever risky thing they want, pay off dividends and bonuses until the music stops, they go to zero, and then the government just foots the bill to the depositors, ad infinitum.

This can actually be solved by having a real central bank in the traditional sense, whose sole job is to accept deposits and guarantee withdrawals, and not play with money.

This would serve entities who purely need a temporary pool to place funds, and not all the investment banking risk attached with it. It would be deflationary and there isn't a reason not to.

>>54050311
sad but true

>>54050429
That's a given. I don't think anyone but the most naive among us expect anything else. The degree of severity is what's in question.

>>54050719
I think I'd rather eat than look at a ring

>>54050721
That's not a bailout of the rich though. The companies have the money in their accounts, it's the bank that has fucked up by not managing risk properly

You still fuck the bank's shareholders. If we have to pass this legislation, we should make bank shareholders personally liable.

>>54050777
And if you are the man with an excess of food and a need for other goods but have no "money"? hmmmm

>>54050774
Yes. But shorttem it's the correct step.
Long term there needs regulation or somehting like you said.
Deposits need to be secured no matter what.
That is paramount to any functioning economy.

>>54050779
That is creation of brand new money footed by the taxpayer to pay off large companies that never stopped for 5 minutes to read the balance sheet of the bank they put their money in.

>>54050811
Every mmo has guaranteed deposits and withdrawals in their centralized banks. It seems like a bare minimum requirement that consumers actually expect to have.

>>54050657
>Smart CFOs will be rolling cash into ultra-short T-bills as a backup.
They should've been doing that from the start, unless they expect to be immediately 100% bailed out every single time a bank goes under (LOL?) FDIC insurance limits are per entity per institution, they should know they'd be utterly fucked if they kept all their eggs in one basket.

>>54050803
>>54050777
> but have no "money"?
all you need is a big stick when civilization stops

>>54050847
Cyprus still has a civilisation so yeah ok bro

>>54050485
Question: what are the terms of this "insurance"? Do they promise they will give it back the next day? Week? Month? Year? I spent a year trying to get a rental insurance burglary claim, can you spend a year without any access to your bank account?
As other anons have pointed out, at best you will get the money after considerable inflation.

>>54050833
every mmo has insane inflation levels and they have to come up with tricks to reduce the money supply (getting retards to buy cosmetics)

>>54050719
You can find the comment in https://www.youtube.com/watch?v=bu8oEPWhrDk
If you want to keep it in the bank, I could care less. A big rugging is starting to happen, why should I be directly impacted? Others can take the hit in my stead.

>>54050833
What is mmo?

>>54050867
Imagine how long it takes you to get money from normal jews in a "free market", now imagine how long it will take you to get that from the jews running the show who have a monopoly on violence. KEK enjoy goyim.

>>54050888
Woah a youtube comment, must be real.

>If you want to keep it in the bank, I could care less.

not really sure how you got that from my post, take your meds nigger.

>>54050402
This is bad… this will illustrate just how few deposits are actually covered

>>54050429
Yep. This is about as clear a warning they can give that will mostly go over the general public's head. Pulled out some cash this morning and threw it into the safe, hopefully I can pull out more next weekend

bros more likely to be alright - stablecoins or Chase Bank?

I've only got like 10k in cash

>>54050185
And put it where? In crypto? It'll be lost there too.

>>54050881
That isn't necessarily true. Many mmo's have large deflationary periods because users just store their money and never use it. Inflation is desired to keep new players relevant in the economy and give a reason to take part in new events.

>>54050185
I just bought 50k btc with what was left in my bank account. Either I am a genius or retarded

I don't believe a word.

>>54050779
>The companies have the money in their accounts
No, the companies deliberately loaned their money to SVB. They took the risk, so they need to bear the consequences.

>>54050962
Dangerously based. Expect crypto and stocks to go lower in the short to medium term though

>>54050185

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!

>>54050898
mmorpg's

Globalist bros, this won't effect ESG investments, will it?

>>54050845
This. These CFOs are paid millions per year to manage their treasuries properly. And what do they do? Lazily dumped it all in a high risk bank with 5% insured deposits. Buying 4 week T-bills would mean a few more minutes of work, but that would cut into their golf time. Pathetic.

>>54051046
Currently banks can take your deposited money, use it to buy shares in companies, and use those shares to exercise their voting rights directly against your interests.

So yeah it probably will.

>>54050218
its also illegal to question the holocaust

>>54050185
but we have backstops coming in so its all good

>>54050888
How much less could you care, though?

>>54050402
Bullish af. Time to SLURP some more Roblox and Netflix.

>>54050468
>insured
they're (((insured)))

>>54050185
jokes on the bank, i owe them $70

>>54051273
Nice. I owe them $400k, lol. Debtmaxbros we in here.

>>54050185
im 15 thousand dollars in the negative, i dont really give a shit if the banks fail

>>54051079
Incredible isn't it.

>>54050468
Yea no problem let’s just ask Zelensky to start paying us back, I’m sure he’s good for it!

>>54050522
What percentage of posts are bots here ftge

>>54051411
Reduce Russia to rubble and seize all their natural resources, extracting them using Russian slave labor. Boom, problem solved.

>>54051483
Always nice when John Bolton comes to biz. Hi John! Interesting plan, it may just work.

>>54050185
>TAKE ALL YOUR MONEY OUT OF BANKS NOW
no, that's how you create a bank run

>>54050218
>it's antisemetic to withdraw your money at an inconvenient time.

>>54051763
based and butterpilled
not only does butter taste good and better but its completely fucking natural
all you have to do is move your body a little and essentially all and any food is good for you so long as its not processed

>>54050185
Acceleration

Pepper your angus bros

>>54050962
depends on if you actually hold the crypto or if its just in some exchange

If you think this is bad, wait for the Vanguard and Black Rock ruggings on 3/21.

>>54050468
They have something like 8% or less of the money that would be required to cover everyone also all the companies that people work for have money above 250k in banks if they lose their money or can't access it for some time those employees don't get paid

>>54050581
If you print that much current inflation will seem small potatoes in comparison to the inflation we would see

>>54050571
Preventing a bank run is ultimately impossible if enough people withdraw their deposit. At some point the bank will run out of assets they can liquidate immediately if people all request their money now.

I heard big execs are all trying to get their money out and companies are being prioritised over regular people. If I had money in the bank I would be really worried and probably try to spread my risk by getting some money out.

My entire life is stashed in us bank but I feel oddly comforted by the fact that every neighbor, business, and government entity in this city is in just as deep. If I go down, everything else around me is going down to

>>54051959
US Bank has been historically solid (used to work in their business loan department). They have low liquidity rates for how large they are, but that shouldn’t be an issue if the contagion effect is small

DO NOT REDEEM GOYIM DO NOT REDEEEEEEEEEEEEM GOYSSSSSS

Stop doomposting, a small bank entirely irrelevant to everything outside of tech startups collapsed, nothing will change on monday, the economy is still strong and fundamentals are all green. "Bank runs" are just scared boomers who have no idea what's going on

>>54052497
Its nervous

>>54052497
Stop gambling peoples money way and there would be no need for people to get nervous
How about that?

>>54052518
Cope, i'm right.

>>54052562
It sounds like you’re the one coping anon.

>>54050468

they want biz accounts to be insured as well. So all bad investments can get a bailed out, which means mostly wealthy pieces of shit will never lose

The bigger issue is... why the fuck are they letting fractional reserve with 0% requirement continue. This is the exact scenario that everyone warned about

>>54050311
citizens arrest

>>54050352
>no one trusts the banks, now we just buy trousers with bigger pockets.

fucking lol

>>54052497
Every single thread has a post like this
They are scared
Palpable fear

>>54050370
why this isnt already an option i have no idea.

>>54050576
risk management is by faggots for faggots.

>>54050218
With this post I hereby incite a bank run. WITHDRAW YOUR SAVINGS BEFORE ITS TOO LATE!!!

Also: mutt feds tongue my anus.

>>54050185
We were all warned months ago. Many didn't listen.

https://archive.4plebs.org/pol/thread/405335459/

>>54050218
If you want to talk about illegal, the monetary system - the Fed - we have is literally illegal AKA unconstitutional.

>>54050218
>SHUT IT DOWN

>>54050468
If the Feds bail out people who had over $250k, then all the Feds should swing from the nearest tree. The Feds don't even have enough money to bail out the $250k richies. Which means they are going to print trillions and trillions of dollars, just to give it to the $Rich. To HELL with the Rich. Their GREED is what got us into this mess. We need to rebuild from the ASHES.

>>54050516
>You should get ammo and food.
I just need ammo. The rest will follow.

>>54054526
Just build your own financial system if you don't like it, goy

>>54050206
>Yuro
Yeah, you should be worried. The Putin Price hike is destroying the ACTUAL German economy. They don't have cheap enough gas to keep manufacturing.
Should the U.S be worried about Oligarchs causing bank failures by being retarded?
No, nobody should worry.

>>54050594
>Second, how do we ensure jews are insulated from financial losses and the subsequent violence if right wing lunatics blame this on jews instead of the straight white male Christians that "indirectly" instigated this
Lol, we know it was jews. All banks are run by the jews.

>>54054526
Eternally low interest rates for 3 decades caused this. Not the Government, nor the Corporations.
Basically free loans made it so the prices went up, by allowing everybody to buy in at the same price. So the price kept going up. Low interest rates destroyed competitive pricing.

>>54051896
Why 3/21? Meme number?

>>54050721
Any politician that bails out the banks should be shot. It is not the Citizens problem. You can sue the bank if your some millionaire. We normal citizens don't give a rat's but about your millions. We can barely afford food. The day the Rich swing from the nearest trees is a Good Day.

>>54051022
Based Musk!!
Well now we know. It's ALL going down!

>>54050185
Fed and big banks are going to war against Davos banks and Davos techfags. SVB was kill on purpose, goodboy banks will be bailed out

>>54051145
>its also illegal to question the holocaust
Not in America. Hint: We all know it was faked.

>>54053858
that entire thread is a larper playing coy

>>54054682
It's not the banks fault.
It's the Oligarchs fault.
Call them Jews if you want.
The Jews like banks, and they like HONEST banks. It's how they maintain control. They don't like fucking people over. Specially not premium contracts.
This was the Oligarchs fault for not giving the bank time to furnish their hundreds of billions in irregular requests.

It would be like the Government saying to you, by the way we have a back tax now. Every year of your life you owe 30% now. Pay immediately, or we'll declare bankruptcy for you.
Every single non-retard knows the bank buys bonds, and puts your money in those ultra-secure assets. The Oligarchs in question were supremely retarded and didn't and don't know what a bank is.

>>54054750
Perhaps, but we shall see as he did say Spring which we're in the beginning.

>>54050370
better yet why dont we have a global bank and switch everyone's currency to a universal credit
you could even incentivise people to join by offering them debt forgiveness

My question is why the fuck did Silicon Valley VCs decide to start a bank run? Did a few of them realize that if they initiate the run they'll be safe while a bunch of their competitor's will fail and can be looted post liquidation? I imagine everyone that made it out first is making deals with all these companies that can't make payroll.

>>54050185
my bank actually blocked me from getting money out the other day i got spooked

>>54054797
We already have a global banking system. It just allows private bankers to extract trillions in wealth for the privilege of money creation. They serve no purpose.

>>54050185
A snap covid lockdown could solve this maybe?

>>54054797
>better yet why dont we have a global bank and switch everyone's currency to a universal credit
Universal Debit more like.

>you could even incentivise people to join by offering them debt forgiveness
There is no debt forgiveness, just more debt to keep you in the parasitical system.

>>54053858
spring in the uk is end of march right?

>>54055522
Well to a degree yeah because Easter is the Spring equinox, but most people keep it simple by ascribing the months to the seasons.

Spring: March April May
Summer: June July August
Autumn: September October November
Winter: December January February

>>54050218
Stfu NIGGER

>>54050352
pmg fags btfo

>>54050400
>>54050447
>>54050719
shiny rock boomers having a meltdown KEK

>>54050352
BTC literally fixes this

>>54050304
BTC*

>>54050185
This position was really difficult to endure and I sold it. Someone berate me. This contracts gonna be worth ten grand by Thursday

>>54055861
unbank yourself with celsius

>>54050218
kill yourself schlomo, my money belongs to me not your little grimy jewish hands

>>54050185
The goyim cannot liquidate before the chosen

>>54052497
>just a single bank
remember what the world did 3 years ago over just a flu?

>>54050185
>TAKE ALL YOUR MONEY OUT OF BANKS NOW
NO DON'T RETARD THAT'S WHAT CAUSES THE PROBLEM

>>54050218
and antisemitic

how does a bank run even work? you just go in and get your money?

don't they say some bullshit like "sir u can only withdraw 2k a day" like that's how much you can withdraw on a debit card per day..........

>>54056624
underage or black?

>>54056624
VCs got spooked when SVBs credit rating was about to be lowered. They all realized at the same time that if enough of them withdrew their money, everyone else would be bag holders. The proper game theoretic solution to a predicament like this is to do the action that saves yourself but harms everyone else.

>>54051763
Nobody claims vegetable oil is heart healthy

>>54050577
They've wanted the Post Office to offer the basic banking services for a long time now. It actually makes a lot of sense until you remember it's the federal government saying this.

>>54050571
that's antisemitic

>>54050468
I remember reading an article about this a few months back. I can't remember the exact number but I believe only around 30% of total deposits are insured. A lot of customers have way more than $250k in their accounts. Customers and businesses losing upwards of 70% of their money over night would be financial apocalypse tier

>>54050581
You're going the wrong way. Load up on FDLXX at Fidelity.

>>54051022
Just put the money under the matress retards

Banks not being able to give you your money basically means they are embezzling it but somehow this is ok?

Bitcoin.

>>54050370
>CBDCs
The goal isn't to provide a good service but to keep as many people as possible busy

>>54050522
the bing ai responses are even better

>>54050719
>food is needed to survive
>jewelry is not needed to survive
Farmers aren't going to give you pre-collapse market value for your jewelry or gold when they have far higher demand for their food. At best you get to pawn that gold/silver you hoarded at a 50% or higher loss, beats losing everything but don't pretend you're going to be rich. Only way you come out ahead is if you have enough gold/silver/copper to distribute to your entire community for free and create an insular economy, which will inevitably get noticed by the feds and shut down quickly.

>>54050656
>a mountain of unrealized losses
what

>>54056624
Well in an actual bank run, everything goes about how you described but then you threaten to kill the bank manager unless he let's you have discretionary access to all your funds and then he lets you because he doesn't want to be killed by the angry mob.

>>54050218
>It’s illegal to insight bank runs
That's a very inciteful statement, Anon.

>>54050352
>no one would trade goods directly for precious metals
lol ok

>>54050563
This is the real threat. Finally someone on here with a brain.

>>54054797
Not sure if trolling or just a glowbot

>>54051944
Maybe banks should just hold money rather than speculating with customer funds.... hmmmm

>>54050218
>Insight
Lol never change, burgers

>>54051332
Kek you will still own them

everyone post pictures on twitter of lines to restaurants/cinemas and say "they're lining up to get their cash! go to the bank asap!" and get friends to do the same

gotta make sure this happening happens

>>54058586
They don't those Venezuelans work under slave labor to sell for usd or btc for wires

>>54050218
just like it is illegal to pirate content, people do it and nothing happens to them, worst case scenario you get a letter telling you to stop.

>>54050937
>Inflation is desired to keep new peasants relevant in the economy and give a reason to make them wage slaves for the true owners of real capital.
grim

>>54050937
In WoW the players would store their in-game wealth in the form of rare armor and items because of the inflation caused by other players killing monsters and completing quests.

>>54058743
Absolutely based and devilish

>>54053325
kek is this real?
kinda based in the whole scheme of things

>>54050352
ah yes a truely believable post

>>54055927
If you were to make big with those contracts, Robinhood would just decide you couldn’t trade anymore and freeze your money until those contracts were worthless. Did you learn nothing from the GME retards?

>>54050206
I never had any money in the bank, checkmate

>>54055108
How else are these jewish pedophiles going to escape justice if they don't pay off the courts?

The USD is a pedophile coin.

>>54055927
just rebuy back on open monday if you are so confident that the market will crash

>>54055123
Covids over faggot.
So is your kike banking system

No bailouts

>>54050352
> converted into shares in the bank at the value they were PRIOR TO THE BAIL IN
jfc what a chutzpah

>>54050185

NONO USDC not going to ZERO

-It's because of people ah ah
-But right now noone trades to USDC ?
-SHUT THE FUCK UP WE ONLY RUG U - CIRCLE

>>54050218
oy vey

>>54050206
You should be worried more than americans. The USA federal reserve will always print more dollars to save their institutions and whatever big company has lobbies in the government. No one is gonna do that for the EU because no one outside of Europe trades with euro. You're gonna get the worst of it economically like you did with Ukraine and covid.

whats the odds of this affecting brazil as well? or is this just a isolated problem to america?
i only have account in digital bank

>>54060055
German bank index lost 6 months worth of gains on the news and euro banks have very little to do with our financial institutions relative to other countries. A collapse in the United States means a collapse of varying sizes basically everywhere

>>54060055
Petrodollar is ded and with it the global economy
Same day SVB failed is same day China made peace between Iran and Saudis, mind you 100 years long conflict imposed by British empire. Its over.

Euros
Brazil
Australia
Youre all about to experience hyperinflation and Venezuelan economics

Bitcoin is the only saviour

>>54050352
Cypriot banks were full of Russian cash and the Germans said were not bailing out the Russians.

>>54060264
EU instead gave the Russians a free haircut

>>54050185
No goyim, you don't need to take your money out, we will keep custody!!!

>>54050206
I am protected until 150k, this isnt a problem

>>54050218
they should arrest janice yellen for that tweet she wrote just now then. it really motivated me to want to get all my money out of banks

>>54050803
The problem is there no one had excess food. So jewelry became useless.

>>54050218
gas yourself

>>54060207
>Arabs getting along
>muh china
>muh dead petrodollar
Two more weeks

>>54050185
Reported for inciting a bank run. Don’t drop the soap.

>>54053325
>phrase "you can't be what you can't see" resonates with me
t. invisible man

>>54053325
>>54059073
Kek reality is funnier than fiction these days.

>>54050571
SVB got wiped. What more do you want?

>>54050311
NO NOT LIKE THAT

>>54050218
Israel

>>54060055
it would be like the same way 2008 fucked over countries worldwide

>>54050185
i cant its sunday

>>54050218
>insight

>>54062657
why didn't anyone apply...

>>54062657
https://www.youtube.com/watch?v=ewRjZoRtu0Y
She should have stayed in the rap game.

>>54053325
>you can't be what you can't be
>we must expose as many children as possible to the idea of drag and trannies as soon as possible

>>54050206
lmao, what do you think?
remember 2008?
this is 10 times worse
this is 1929 on crack

>>54050185
Are you going to pull out all your money from banks anon?

https://strawpoll.com/polls/w4nWrojBlyA

>>54062657
I'm totally on board with lesbian visibility day as long as we're talking fully visible

>>54050695
And everyone wants to buy them, that was the case in 2008 where it was metals that run out not cash zoom zoom
>>54055829
>oy vey goyim keep your useless fiat in useless banks

>>54060886
>shops selling food didn’t have excess food
Someone is really trying to shill people away from metals kek
If you don’t have at least 2-5% of your wealth in metals you’re an idiot

>>54051763
vegetable oils are well known for being the worst thing for your heart idiot

I work at a small business and I know the business owner banks at Wells Fargo. Am I fucked? Should I just begin looking for a different job?

>>54056918
>>54064456
If ads for food still run claiming they use some vegetable oil then we’re still at “smoking is good” phase

>>54058912
Depends on the game and the gold sinks there are. When new features get added it's not uncommon for extreme deflation to happen and for resources to suddenly cost the minimum transaction amount for gold, ectos, etc

>>54064408
>that was the case in 2008 where it was metals that run out not cash zoom zoom
That was because of quantitative easing. That is the opposite of a liquidity crunch like the cyprus example.

>>54050185
Don't panic! Everything will work itself out.
>We are from the government and we're here to help.
SHIT! TIME TO PANIC!

>>54050218
hahahaha

>>54053858
If his dad doesn't work at Nintendo I wouldn't believe anything he says

>>54058743
You can pay homeless people to line up around ATM's

LMFAO

>>54065920
UVXY

Almost 40% short

Will this squeeze bigly???

https://fintel.io/ss/us/uvxy

>>54051118
ESG will turn out to be a low interest rate trend.

>>54050218
Tell the FDIC that glowy.

>>54050185
Thanks for the heads up. Withdrawing $170k from mine on Monday.

>>54051035
lol what is the sauce? This is hilarious

>>54065889
>>54065889
>>54065889

It's happening.

>>54050206
Get some money out of the bank
If you take all it will implode

Who`s the schizo about fake money now, eh??
EEEEH?

>>54053325
>I had no role models growing up!
Because you rejected them based on the color of their skin

>>54058790
It varies based on where in the country they are, but the people in the rural venezuelan gold mining regions use gold flakes for transactions like haircuts and food. People in cities with internet infrastructure use bitcoin, and people near the border use another countries currency entirely.

The moral of the story is to diversify and stack everything. Have some gold, buttcorn, and paper on hand.

>>54050185
So what are your plans for tomorrow anon?

https://strawpoll.com/polls/kogjkJvwqZ6

>>54050571
Fractional reserve banking is the core of modern banking and it's a scam in itself.
You didn't listen to PM fags, now live with it.

>>54054626
This
Also jews made this

>>54050218
legal (and wise) to insight them, illegal to incite them.

>>54062257
dude, what are those tabs? Seek help.

>>54054526
Aren't the trillions of dollars already printed though? It's not money that is created now that a bank has failed, it's money that was created the moment the insurance contract for an account is created. It's just that the money was not in circulation yet until the crash.
Any part of the insured portion should be money that is already in existence, right? It's everything over the $250K that would need to be printed to bail them out, or am I misunderstanding how it works?

ANY HELP FOR A DUMBARSE PLS?

I am an Englishman with 200k sat in a NatWest bank account from inheritance (RIP mum)

What should I do? I’m starting to worry as the insurance is up to £85k only

I’ll fucking kill myself if I lose it over nothing

>>54050296
>credit suisse is the first domino
credit suisse has been dying since 08. Its risk is already contained by other banks. They all can see their problems.

>>54057495
I mean the post office does run well enough that there isnt any down time in services.
>>54050577
Congress wont ever allow it because the banks wont let them do it. It would essentially wreck most banks business.

>>54050400
Sorry rock chud I only take payment in crypto.
As a normal person i cannot verify the purity and authenticity of your gold coins. You could be selling me tungsten or chocolate coins. Ill stick to btc which is guaranteed to be real ;)

>>54058586
The shops there literally bring the gold to the gold refiner dealer right away to exchange it for crypto which they actually use for transactions.
>duuude lemme just weigh this tiny .01 gram flake of unknown purity to buy this .50 cent loaf of bread
>oh whoops did i just drop it on the dirt floor? Wtf its gone!
Kek metal tards are delusional

>>54068716
Isn't everyone supposed to spread money out between banks to keep it under the insurance limit? What are you doing?

>>54069619
Gold is for big transactions. Guns, cars, appliances, women. Silver is for moderate transactions like bulk food, dining out, clothes. Copper is for dirt-cheap transactions like small amounts of nails, a bottle of glue, a penny bun (it's in the name)

So many of you idiots are still under the assumption that the government has your best interests at heart, they couldn't care less about you.

Do exactly the opposite of what they tell you and you will be better off, way beter off.

>>54058743
based an fearpilled

>>54050240
This, all of my money goes to bills, food, and anything left over to crypto. I have no money to withdraw never did

>>54050185
>mfw I use a credit union

>>54051411
If I had the money to bail out SVB and fund the war in Ukraine I'd fund the war in Ukraine twice and let the bank rot

The videos of BTFO vatniks will keep my soul warm, as will the tears of crypto nerds

>>54073455
the amount of retards around here who think credit unions are somehow safe blows my mind if anything they are more at risk to get BTFO by rising interest rates

>>54050206
It is literally only a problem as long as people make it one. If everyone were to relax it would literally disappear

>>54050185
>>54050206
BANK RUN

LET'S GOOOOOOOOOOOOOOO

>>54060207
When it doesn’t happen this time you will shout from the rooftops it’s the end during the next crisis. The petrodollar does not end without the United States military being involved. Period.