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/biz/ - Business & Finance

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54052996 No.54052996 [Reply] [Original]

This whole bank crisis fud is a major nothingburger.

If anything, prices will pump a little on the relief that nothing happened.

>> No.54053013

Yeh, but it's fun to fantasize. Everyone thinks they'd be the hero.

>> No.54053014

>>54052996
>NOOO, ALL MY SMALL TECH COMPANIES = ALL BANK RUNS

>> No.54053026

Tech bros are fucked though.

>> No.54053044

>>54052996
Yeah that's why I bought 15k in BAC calls

>> No.54053054
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54053054

>>54052996
Yes, but I bought USDC at $0.88 for an average of $0.93 yesterday with my half a million BUSDs, and some of my pools brought it a total of $6000 in trading fees.

>> No.54053058

>>54053026
good

>> No.54053076

Canada stopped raising rates and so Will the US

>> No.54053075

When did biz become so retarded? This is baffling to me. Its literally nothing. SVB is a low B tier bank that was exposing itself to crypto and was run by retards tbqh. This is completely isolated. No other significant banks have exposure.

>> No.54053077

>>54053014
"Bank runs" aren't just being memed on 4chan, it's practically all over the internet. Everyone has it in their mind that they should probably withdraw their money, which is then causing alot of system failures, which lowers confidence, and eventually will cause a knock-on effect until an actual worldwide financial collapse takes place. You need to remember that this shit isn't always entirely logical, it's based on psychology and feelings. The lack of confidence is spreading faster than any other moment in history.

>> No.54053103

>>54052996
listen, eventually there HAS TO BE a something burger
not everything can be a nothing burger
SOMETHING HAS TO BE A SOMETHING BURGER

>> No.54053109

>>54053077
Ah yes so scared that the dumb internet twitter tards will withdraw their 5k savings lol. The masses hold no significant wealth. Maybe it will effect small bank, but nothing big.

>> No.54053112
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54053112

Yes, but hopefully this serves as a wakeup call for some people.
Always keep cash on hand just in case, it doesn’t matter how insured your savings account is if you can’t get at the money for several weeks.

>> No.54053116

>>54053077

It's a self-fulfilling prophesy. We're doing it to ourselves because no one knows how banking works.

>> No.54053132

>>54052996
At least 6 banks and several hundred companies are about to fold and kick off a deep recession. The pain will be localized mostly to CA at first but it will hit all markets later this month. It's not the happening to end all happenings but it's a big deal.

>> No.54053139

>>54052996
If you think that the dumps, both in stocks and crypto, were because of SVB you're deluded.

>> No.54053141

>>54053109

Ever seen A Bug's Life?

>> No.54053149

>>54053109
Lol. Lmao even.

Have fun.

>> No.54053166

>>54053075
human psychology means people will panic you mongoloid. bank run is inevitable. i have normies contacting me asking for advice. it’s already spreading on chinktok. even if it’s unwarranted russhit chink bots will psyop it like the chink flu lockdowns

>> No.54053328
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54053328

>>54053103
One day, yes, but when it happens nobody will see it coming and there will be zero speculation as to whether or not it was The Happening(TM); it will be undeniable. Until then, stop being a doomer and just make hedges and supply purchases here and there.

>> No.54053348

>>54053166
>there will be a bank run because… because there just will be, ok!?

>> No.54053363

>>54053166
That’s why we have Gods chosen who will selflessly pump up the economy with their money.

>> No.54053385

>>54053328
this... but unironically.
If you believe Jews are behind this, they will give you absolutely no time to prepare. If you believe in your Faith, then this will happen without you knowing.
Whatever you truly believe in, SOMETHING WILL HAPPEN, but we will actually never know before it is too late.

>> No.54053419

>>54053075
16th largest FDIC insured bank in the country sure as shit isn’t low B tier. They aren’t big 6 S tier, but it will most definitely cause panic

>> No.54053440

>>54053109
5k times 200 million adults taking money out of the system at once would cause a total financial collapse of everyone but maybe one or two of the big six banks

>> No.54053746

>>54053440
And people thought giving $1200 x3 to the entire spick nigger ebt population wouldnt have a large effect.

>> No.54055450

We got the "call".
This week is selling on Craigslist and the bunker by next weekend.

>> No.54055488

>>54052996
>nothing will happen
this is what they said before the whole country was locked in their homes by the government after that i think anything is possible

>> No.54055523

inb4 wef planned cybersecurity opp

>> No.54055711

>>54052996
Lol, what an idiot you are. Or are you just desperate? The Bank Run's will start on Monday AM, and the RIOTS will start that Afternoon. Hey, when you jump off that Bank roof, do a flip!!

>> No.54055724

>>54052996
Reminds me of evergrande