What's happening with the banks today?

[Anonymous No.54066363]

is it a nothingburger as always?

[Anonymous No.54066378]

>>54066363
le sky is le falling and le btc is going to le 0, kiddo

[Anonymous No.54066409]

>>54066363
I sure as fuck hope not. I hope it all burns down. Fuck it. Total jewish death.

[Anonymous No.54066419]

>>54066363
pluto and saturn.

[Anonymous No.54066439]

>>54066378
why do you keep posting this when chicken little ended up being correct? are you braindead

[Anonymous No.54066546]

>>54066363
So basically
Banks operate based off of profits from trading assets.
At the peak previously during our hyperinflation cycle(nobody calls it a hyperinflation cycle (2000 - 2023 for some fucking reason) When it peaked in actual valuations and returns on investment. Banks could no longer generate profits. So they started buying bonds(Copium)
With incredibly low interest rates the government needed some reason to raise interest rates. So they claimed the already astronomical inflation was too high. Thus, they raised rates.
To offset the cost of operating financial institutions with all the assets they hold, the government will need something like 14% interest rates total.
This however is untennable.
The incredibly low liquidity the banks were returning at near zero interest rates, with only the possibility of buying low yield bonds. Couple that with a government that desperately needs to make it's debt cheaper/vanish.
You have a situation in which we are currently in a liquidity dearth. It's a barren liquidity era. In a hyperinflated market. With rising interest rates.

We will see the next Great Depression.
The only safe asset is Crypto to store and hold wealth. Because it's just money. It will not generate returns, so the FED and Banks don't care for it.
>CBDC's are actual clowncrap they will never actually implement except to seem "high tech" Bitcoin is as good as it gets.
We will have one more massive crash in which people will have to pull from crypto assets to stay afloat(whales).
This will cause crypto to doom spiral.
It will recover.
When it recovers, it will fucking moon like it has never before.

[Anonymous No.54066755]

>>54066546
>Will my exchange survive
Probably. They are insanely easy to downsize.
The only exchanges that won't survive, are the ones too dumb to downsize or become massively more efficient somehow.
Banks will unironically realize at some point that crypto if backed, is a supremely stable asset. The problem is that only retail investors have been interested so the sways have been wide.

[Anonymous No.54067418]

>>54066363

1 bank SVB not other regular banks.
VC and startups are losing money.

[Anonymous No.54067458]

Looks like it, the Feds are going to bail everyone out. $200b seems like a lot of cash though so I wonder how.

[Anonymous No.54067498]

>>54066363
Tried calling my bank's 24/7 service line to put in an advance notice for a $15k withdrawal tomorrow. Got through after 2 hours on hold, only for them to slam the phone down immediately.

This isn't looking good...

[Anonymous No.54067560]

>>54067498
pasta

[Anonymous No.54067585]

>>54067418
>NOT REGULAR BANKS
>IT'S CONTAINED TO VC BANKS
>IT'S JUST SUBPRIME... I MEAN, IT'S JUST SVB

this is what fiatcels believe

[Anonymous No.54067630]

>>54067418
>Haha it's not like these tech companies prop up entire industries that appeared strictly to support them haha
God imagine not being able to think beyond 1st degree of separation. Zoomers literally are retarded.

[Anonymous No.54067923]

>>54067585
>IT'S CONTAINED
Yes, trust me

[Anonymous No.54067975]

>>54066363
It's only the banks most associated with bloated tech companies and crypto.

[Anonymous No.54068005]

>>54067585
>we will never have 2020 runs again
Fuck I wish I had played more in that year.

[Anonymous No.54068030]

>>54066363
it's a nothingburger but youtube celebrities are stirring the pot.

[Anonymous No.54068067]

>>54066363
Pretty much.

‘08 was essentially every bank and financial institution incestuously inside each other and covered in subprime cum.

Whereas this episode is an isolated bank and their own bullshit.

In additions regulations from after 08 means all banks require X amount of liquidity and to engage in regular stress tests to ensure they can take big hits.

But doomers and GME tards are sat here hoping for a financial apocalypse because they think it’ll make their bags profitable.

[Anonymous No.54068112]

4Chin users trying calm everyone down so their precious banks don't get ran on?
Really makes yuo think.

[Anonymous No.54068137]

>>54066363
It's Sunday you fuckwit

[Anonymous No.54068138]

>>54068067
That doesn't make any sense. Why would any meme stock bro think a financial crash to be good for their stocks? If blue chip stocks aren't safe from it then how could GME possibly be protected from it?

[Anonymous No.54068159]

>>54066363
>banks today
They're all closed. Comeback tomorrow for live bloodbath coverage.

[Anonymous No.54068336]

>>54068138
Because GMEfags think it will stop the hedgies from covering their shorts and therefore initiate the MOASS where every holder becomes super rich because the the infinite money glitch, go on the GME thread here or plebbit to see true qanon tier behaviour.

Fro generic crypto bros look at posts like this one: >>54066546

[Anonymous No.54068443]

>>54068336
>stop the hedgies from covering their shorts
Lmao, even if that were true, last I checked isn't short interest still in the 20%? Even if they all closed it wouldn't be nearly the squeeze it was in its hayday.

[Anonymous No.54068513]

>>54068443
The GME rabbit hole is so deep I stopped paying attention long ago, but I have a few buddies who are still in and still buying more. Something about the hedgies have created ghost shares so the “apes” have to direct register their shares with some website. It’s madness at this point. A few of them are saying that the Ukraine war is a hedgie plot to distract GME