/biz/ - Business & Finance

>>>/pol/ kike spammer

>>54850616
Cramer says the banking crisis ended with FRC. Also that JP Morgan is a fortress

>>54850616
indeed

>>54850740
sir that is obscene

>>54850616
Left is clearly higher idk what you're on about cunt

>>54850616
where do i find that pic?

Better add another one to the pile.

>>54851201
The earlier one I saw...

Extended chart, adjusted for M2.

Nothingburger, as always. Kys.

better chart instead of stacking circles like a retard

>>54852353
>NUFFINBURBER
good afternoon, agent gomez

>>54852353
lehman brothers isnt a bank
>adjusted for M2.
why?

>>54852470
>loohman brothers isnt a bank um technically actually

>>54852464
>>54852470

Gamestop bagholders. Make it more obvious

>>54852496
its true, thats why it is excluded. same with credit suisse. we are only 4 months in 2023 and we've already surpassed the 08 bank failures

For the loss of USD to be the same to 2008, due to inflation, we'd actually have to lose 737 billion dollars

>>54851228
There's a few more to add too, starting with First Horizon Corp

It's Joever.

>>54852470
It wasn't a classical bank, but if you want to compare the 2008 financial crisis to 2023 then it's quite misleading if you leave out the largest players.

>adjusted for M2.
If you want to compare the impact of bank failures then you're better off if you measure it relative to the whole financial system then how many gallons of milk you could by from the money...

>>54852565
is that a challenge or a threat?

>>54852353
Fair adjustment, but this is clearly a massive signal to noise and 2023 is far from over, banks are still failing left and right. As you can clearly see in your own chart, the banking system didn't fail overnight, it took years.

>>54852616
dont forget to add credit suisse in the 2023 crisis then, dont want to be misleading.
>the impact of bank failures
all that matters is the impact it has on people, so it makes sense to compare it to a statistic that impacts people and not some abstract accounting tricks

>>54850616
it is over. so over

>>54850616
Nah, we're back

>>54852638
You're right, but we would need to have some deep structural issue (like the subprime mortgage fuckery) for a 2008-like event. So far all we saw were classical bankruns.

>>54852645
CS wasn't a US company. If it was added then older non-US bank failures should be also added.

>all that matters is the impact it has on people
So far none of the failures had ANY impact on people, you retard. All of the depositors were saved by FDIC.

>>54852749
Does the commercial real estate market collapsing not count as a deep structural issue? An office tower in san francisco is like toxic sludge right now.

>>54852749
where do you think the FDIC gets its money from? it is ultimately is stolen from tax payers. so instead of individual depositors losing al ltheir savings, everyone lost a bit of their purchasing power

>>54850616
Scale for inflation please.

>>54852858
Read the thread dipshit.

>>54852470
MBS are what brought the banks down, i think it's relevant to add the largest player behind MBS fuckery

>>54850616
i cant wait to get a big stack of trillion dollar bils. I'm going to roll around in them. then, i'll keep one; you know, like a momento, a souvenier. Then spend the other 999,999 crisp bills on a slim jim from the corner store. Hell maybe even get a stick of gum too.

>>54852637
737?
>hold my beer. watch this.

>>54852969
In the meantime people spend 1 sat for a cart full of groceries