/biz/ - Business & Finance

>>54801660
>jews
>not allowed to do anything with goy money
pick one and buy donut nigger!

>>54801660
First republic got $100 billion dollars in relief. Imagine getting $100 billion bailout and still failing.

they can do whatever they want when they control the economy, government, and media. they will scam you, get away with it, and then put the blame on you, and if you do anything about it they have thousands of cops willing to beat you to a pulp for a c-note.

>>54801882
They got 30 billion in relief that nobody really counted because everyone knew it wasn't real money and they got a credit line that wouldn't allow them to be a profitable bank.

FRC fundamentally got fucked. It probably had to be done in order to keep things from getting ugly in the banking sector, but frc and shareholders are stuck holding the bag. There's not a single bank alive that is going to want to hold mortgages in this generation and regional banks are probably never going to grow again under the new banking regulations that will be put in place. Say goodbye to startups and small businesses and people buying their first home. Say hello to collapsing real estate but expensive mortgages.

>>54801660
Doesn't this just mean that JPM gets free money since they just have to provide liquidity and the assets are still there anyways but just locked up?

>>54801961
>Say hello to collapsing real estate but expensive mortgages.
is it possible houses are ever going to be cheap? they surely won't allow this

>>54802009
Inflation will take care of making sure home prices remain high even if no one is buying homes. They're already causing stealth inflation with all these bank bailouts that is undoing whatever little deflation was caused by rate hikes

>>54802048
>Inflation will take care of making sure home prices remain high even if no one is buying homes
can they do that without foreign investors?

>>54802078
No need. Only institutional investors required. The banks that will get billions in kickbacks will put a large part of that money into real estate.

>>54802099
nobody is going to sell you shit anymore if you just shuffle around your fake money, not it has value because other countries also want dollars and you can get the shit they produce in exchange for dollars, but that doesn't work if you are just eating your own shit

Bad for america. Big banks eating up medium and small banks not good. Parallel to middle class getting eaten up.

>>54801987
>free
>sell to JPM
anon...

>>54802141
the US produces nothing, so the only thing left to plunder is whatever the middle class have stored

>>54802009
>is it possible houses are ever going to be cheap?
You need to fundamentally revamp America's housing system. Particularly zoning and the way we subsidize low income housing. You have to create a glut of cheap to live in shelter. The US has plenty of space to build, but building for the lower class housing units just isn't worth it when you factor in damage to the unit, and damage to the land value. Zoning laws are also too strict to let people build enough in accessable areas.

I think what you'd need to do is create a federal insurance fund for damage and theft in areas with low income housing that is funded by taxes on expensive real estate. You need to fundamentally change the rick/benefit curve when it comes to priced housing. Then it becomes profitable to build affordable housing. Affordable housing in most states can easily bypass most zoning laws.

>>54802181
>I think what you'd need to do is create a federal insurance fund for damage and theft in areas with low income housing that is funded by taxes on expensive real estate
i think you can achieve the same without doing anything if you just make freedom of disassociation legal in the US again

>>54802181
Even if it were insured, no one wants to deal with renting to dregs.

>>54801660
Yes. When banks go bankrupt, the fed steps in to protect depositors. Shouldn't all the anti-bank people on /biz/ think nationalizing banks is based?

>>54802133
It works until it doesn't. The end result is Weimar style hyperinflation. This is known and understood. The only question is how much are the jews able to accumulate in terms of real world assets (i.e. Land, Gold, etc.) in the mean time. Hence the prices will remain high and continue to rise with inflation

>>54802200
Racial segregation doesn't make it profitable to build low income housing you nigger.
>>54802219
That's why most people have a manager for low income apartments. People do it. Typically for zoning or tax reasons. But you basically need to build such a huge glut of affordable housing that normal people can afford to live in smaller cheaper spaces. It's not glamorous, but it's the only way people can get ahead of their finances and prices for land can come down. You need more living space from the same size economy.

Fundamentally our economy is going to have to redistribute wealth to make life bearable. The best way i can see that is to create clear and trustable subsidy plans that modify the risks of investments like insurances. I think it's a lot better than just throwing money into giving loans to unworthy creditors. You need to create insurances that make more efficient life possible.

Either through taxation or through wealth funds, the government needs to incentivize modest but efficient production habits.

JPM was the only one willing to buy that garbage, i wish i kept my JPM i bought at close to 100 bucks a share this october, paper hands i have

>>54802307
its working fine, americas system of importing cheap goods and providing a service based economy with agricultural protectionism, honestly its the best system in place in the globe
However, the incompetence of our leaders is really stretching it thin

>>54802228
>all the anti-bank people on /biz/ think nationalizing banks is based?
Biz isn't anti bank. We're all wannabe jews that would skin you alive for a sheckel and laugh when you're stuck bagholding or poor. You fundamentally misunderstand this board. On /lit/ being illiterate is a sin, on /fit/ being weak is a sin, on /pol/ not being a klan member is a sin. And on /biz/ being poor is a sin.

>>54802341
>service based economy

>>54802370
yeah financial and medical services are the two largest sectors of the American economy, not factories making plastic toys

>>54802482
financial scams and medical scams, it only works because other countries want dollars so you can absorb actually productive economies, but doesn't work if other countries stop wanting dollars

>>54802313
>Racial segregation doesn't make it profitable to build low income housing you nigger.
It does for White people.
Don't pretend like one of the biggest problems of investing in housing is that a pack of niggers can move in next door and completely destroy the market value.

>>54801987
Yes. JPM gets the assets, clients and 'help' to deal with the toxic assets. Big bank takes little bank.

The banking system is riddled with bad debt. Corrupt bank execs gave enormous low interest loans to their friends/family and when interest rates began rising, the banks themselves were the ones left holding the bag. Guess who's money is used to bail out the banks?

>>54801961
>Say hello to collapsing real estate but expensive mortgages.
Hello baby!

>>54802482
> Financial "services"
I work in an investment bank.
If you think we're doing anything of value your a moron.

>>54802313
Buildsrs have done nothing but build lower middle class multi family housong for the last five years. Homes will crash over the next five years and mortgages will be cheap but most people wont qualify. Get off reddit and go outside.

>>54802482
What the fuck is a
>Financial service

It's literally just
>Hey goy trust us with your money, we won't fuck it up

bank regulators WILL sell your bank accounts for pennies on the dollar to friends and promises of reimbursement later

If you still keep your savings in a bank and haven't switched to crypto yet you're a fucking retard that deserves to pay for these bailouts at this point.

And yes its a bailout. JPM got some sweet discounted deal that the government will hide for years before we find out how much of the public's money was printed/diluted to bail them out.

>>54801660
Free market.
No refunds.

>>54803154
>Get off reddit and go outside.
Something quite nice about reddit is they block all the jeets, roach and tiny hat scams. I mean... this is just jeet central here. Post after post of pepe coin, pepe pal, pepa coin, wojak coin, seminem coin all within hours.

>>54801660
>linking to washington goyim
faggot

>>54801660

Jim Cramer tweeted that JP Morgan is a fortress. Its okay guys we safe. Great depression 2.0 won't happen.

>>54805019
the banking system is SAFE and EFFECTIVE

>>54801660
No, it is a clear felony. Jamie Dimon and everyone in the the FDIC will be arrested today. Nice catch anon!

>>54805246
Two more weeks to flatten your income

>>54805283
>MFW I noticed the flattening of the curve when I was doing my finance spreadsheet this morning

>>54805019
It's hard to agree with Cramer, even if he tells you the earth is flat.
Regardless, JP Morgan has been doing this shit for years, they swoop in and pick what assets they want from failing bank there has come under FDIC control.
It's a buffet of discounted assets, and they only take on quality assets in this invite-only auction.

>>54801660
>are they allowed to do this?

Because you live under the rule of the Corpo-Gov Symbiote.

>>54803271
Isn't JPM in danger now that it has all this?

>>54805434
No. see >>54805417
The FDIC is footing the bill for most of this shit.

>>54802482
>financial services
Margret Thatcher says hello

>>54805417
What do you call this?

>>54801660
They just did it

>>54802181
No
>run credit scoring out to its inevitable conclusion where only 800± gets anything resembling a good rate
>deregulate the credit scoring groups to allow for discrimination
>flatten the dicks of anyone speculating in the real-estate market, demolish the auto makers and motorcycle manufacturers for ever thinking they could sell transportation for 120%± of a middle class person's individual yearly income, price anybody not opulently wealthy out of a university degree and obliterate every medium sized university that thinks it can charge $40k/year tuition

>>54802313
yes it does. Why do you think suburbs and rural areas were flooded after the summer of peace? Zoning in every city is designed to keep nogs in their own areas.

>>54802181
Affordable housing ultimately means mud folk. No thanks.

>>54806889
Judaism

>>54805417

It's kind of fucked, but what else do you expect them to do? Just let retards continue to run on First Republic until they fail and create even more uncertainty and contagion in the banking system?

Fed's goal is to make a deal that dips into the FDIC insurance fund as possible. To do that you need a huge bank like Chase with the bad assets from FRC and not have it impact their balance sheet much.

>>54801660
Not your bank, not your coins.

Because they hate you and want you as slaves

>>54806889
Kikery