/biz/ - Business & Finance

I have about ten grand in M&T Bank.
I really hope they will be okay.

>>54064866
discord leftism trannies think inciting a bank run is going to end capitalism and usher in socialism where they can groom children unobstructed by capitalist pigs. it's a nothingburger.

Anon, trust me. The bank run on Monday will be bad. And Tuesday. It could clause collapse the financial system.

Get your money out. Worse case scenario, you took it out and nothing happens so you put it back

>>54064866
It's not happening. Just low iq shit token board denizens hoping for a collapse so they can somehow get gf's during madmax.

Idk but all my money is cash or crypto and the only thing I have in the bank is MASSIVE DEBT. Eat my shit fuckers

>>54064981
>Get your paper out in preparation for collapse of society where it'll be worthless.
These are the children you take investment advice from /biz/. Remember that when they tell you fart token will be $1000eoy.

>>54064924
Anything under 100k is likely fine.
>t. had 35k in blockfi during their collapse and was able to withdrawal it.
Too bad I lost it all

Get your money out anon. These people don't give a fuck about you and half of them are AI bots designed to add false confidence to save the economy. Don't let the bankjew con you

>>54064976
im a telegram right wing chud who thinks inciting a bank run will lead to a global backlash against the jews

>>54065018
>if there's no global apocalypse then there's no problem
Shill. Civilization won't collapse. False dichotomy. It will be bad economic times

>>54065067
This.
The economic meltdown that's coming will make 2008 look like a dream in comparison.
I'm just glad I'm broke because it's only upwards from here.

>>54064866
SVB suffered from a perfect mix of factors to fail, and is mostly self-contained with little potential for real contagion, being a small bank with a likely bail-in incoming.
The only reason there's potential for a bank run beyond this is because retards online think this is the beginning of the end, and hysteria causes bank runs, which cause the failure everyone was warning about. This is something that can happen at any time, but it all depends on human retardation.

>>54065302
Indeed. Fear will cause economic collapse and that will be number 1 cause of it is peoples fear. But maybe the central banks deserve to all crash and burn anyway. Even though it will be harsh on us all.

a large scale financial collapse would be fucking shitty, so I hate that people are pushing for it. sadly, i have to admit that regardless of the odds of it actually happening right now, the current financial system deserves it at some point. In all likelihood, whatever the scenario now, the situation will be 'saved' by a solution that gives more power to the already powerful (like CBDCs)

>>54065302
Shill nigger

>>54065302
what if I actually want them banks to collapse?
then inciting fud would be the genius thing to do.

>>54068158
No, you'd just look dumb for trying to make the sky fall when most people sincerely aren't afraid enough to listen.

>>54064866
So what are your plans for tomorrow anon?

https://strawpoll.com/polls/kogjkJvwqZ6