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/biz/ - Business & Finance


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54106390 No.54106390 [Reply] [Original]

Insider here, let me tell you: things are fucked. I work for "an elite" as one of they're "fixers" essentially. Over the past couple of years, I've watched shit hit the fan over and over and over. We have lost the reigns on everything. Banks are going to be collapsing right and left, and then popping up right and left. Everyone smart realised this long ago, the world economy was built on hot air. We're out, well at least we are as exposed as little as possible. Things are fucked. We are turning to crypto and gold to protect our wealth, most average joes will lose everything.

This actually began 4ish years ago, with the Great Reset. The idea was to take all the wealth from average people and the middle class and use that to consolidate power. It failed of course, people realised too fast that it was a nothing burger. The vaccine was then used to try to cull off people since the virus didn't work. That partially worked, but not enough people were vaccinated. At this point, the elites decided to change the plot by labeling all vaccine deaths as covid deaths so they could pretend nothing ever happened. The new goal was to manipulate the economy to go as high as possible, when everyone was invested, and then pull the rug out. Most of the "elites" actually fucked this up pretty bad, as the rug pulling effort went awry. Too many people were trying to sell early, it was a disaster. Now they had to get all their money away from the economy, as far as possible. Most people are trying to move all their money out of every bank and into pms/crypto. Shit's fucked.

>> No.54106421
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54106421

>>54106390
outsider here hehe

>> No.54106438 [DELETED] 

>>54106390
>as one of they’re “fixers”
>they’re “fixers”
>they’re
>they are
phoneposter, sage

>> No.54106443

>>54106421
based outsider

>> No.54106449
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54106449

Post your redacted employee badge or just shut the fuck up and fucking kill yourself. Seriously. Nobody's falling for your stupid fucking bullshit fake bear LARP.

>> No.54106460

>>54106421
based. fuck insiders

>> No.54106474

>>54106390
Are Credit Unions advisable? Which Cryptos?

>> No.54106495
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54106495

>>54106390
>the world economy was built on hot air.
>the world

>> No.54106503

>>54106495
Yes

>> No.54106511

>>54106390
BULL SHIT

>> No.54106890 [DELETED] 
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54106890

>>54106390

>> No.54106900
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54106900

>>54106390
Actual "insider" here, as in, I work in risk assessment for one of the Big 4. This has nothing to do with the great reset agenda, and everything to do with both Trump and Biden's administrations. We are more than comfortably capitalized. If there is any weak link in the chain, it's BoA. That being said, BoA is nowhere near a liquidity crisis as of now. We have all taken sizable losses from HTM Bonds and a some from AFS. A lot of the regionals are on gravel. Nearly all of them are within regulatory minimums, but at their scale, CET1 and SCB requirements still leave them susceptible to the same scenario that we've all watched this last week. You won't see that occur at a systemic level. SVB was beyond ripe for this situation, with little to no diversification. It's pretty incredible that they weren't stepped on sooner by regs. What is driving these other regionals down now is not necessarily their losses, but fear. There will be more collapses in the coming months before this settles. One thing we won't have is another 2008. A recession is unavoidable at this point, based on the Fed's actions over the last 9 months, but we won't have any large scale collapse of big institutions. You'll likely see the stock market performing optimistically for the next month or two, tops, but that's when we'll see real blood, and there is nothing Yellen or Powell can do at this point. They either continue to hike rates and drive regionals under, increasing fear and runs on the regionals, or they pause or lower rates, allowing inflation to run up unchecked. Our bet is on the former, because the end result is them "proving" to the public that the systemic banks are indeed weatherproof. How does this translate to you? Start financially preparing now for a recession. Don't take on large debts. If you're a gambling man, you're looking at a 1 to 2 months of leeway before the markets take a dive. It's not the end of the world.

>> No.54106910

>>54106900
HTM = high time maturity?

>> No.54106921
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54106921

>>54106890

>> No.54106924

>>54106390
>70% of the worlds Population had atleast one vaccination
>but not enough people took it
I dont know about you but I havent noticed any fucking culling. Must be fun to be a shizoid

>> No.54106929

>>54106910
Held to maturity

>> No.54106931
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54106931

>>54106390
Cant even fucking spell out your schitzo larps correctly, I wish the vaccine killed me so I wouldn't have to read retarded shit like this.

>> No.54106944
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54106944

>>54106390
Incelder here how do I have sex?

>> No.54106947

>>54106495
Imagine how much better the world would be if all of those countries disappeared tomorrow, especially the Anglo ones.

>> No.54106953

>>54106929
Thanks. How long until the system gets flushed out, do you think? It's kind of a bullshit question because it depends on a zillion factors that have yet to happen, but always nice to pick an industry person's brain about something

>> No.54106955

>>54106944
>54106890
1. Prostitute.
2. Self improove until women want to fuck you.
3. Rape.

>> No.54106962

>>54106390
They murdered 4 btc whales so far.

>> No.54106977

>>54106390
So what you are saying is those “elites” are not actually elite, but just criminal subhuman scum who happen to have a lot of money and people willing to work for them, people like you out there to “fix” things.
Why not “fix” them, forever? Just because you sold your soul to them doesn’t mean you can’t rebel and redeem yourself at least a little.

>> No.54106984

Insider here. I fucked that other insider in his arse and called him a faggot. His understanding is sound though.

>> No.54106992
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54106992

>>54106390
Nice story, maybe someone will read it

>> No.54107003

>>54106953
By flushed out I assume you mean without hazard. For the regionals, probably about 3-6 months after the market tanks depending upon what policies are enacted. It could take more or less time depending on the special assessments that are yet to be determined. Basically, other banks are having to share the burden of SVB and others in order for FDIC to guarantee their deposits. It's essentially a bail-out by other banks. The numbers haven't been worked out yet, at least I haven't seen them. I would assume FDIC would want it done in the shortest amount of time feasible without incurring additional risk.

>> No.54107018

>>54106390
you have an innie penis, don't you?

>> No.54107028

>>54106953
It could also be a few years, maybe 10 years, depending on how many regionals have a crisis, and what FDIC and the institutions agree on. SVB isn't holding junk. It just got ran on due to shitty market conditions driven by the fed.

>> No.54107047

>>54107003
>By flushed out I assume you mean without hazard
Only if there's a probability that will happen. 3-6 months of fuck brings us nicely to summer-autumn.
>>54107028
I'm no expert, but it seems like we never really got done flushing the crap from 2008 out of the system either. If so, is that going to compound here?

>> No.54107067

>>54107028
>its all gonna collapse
>he says while its collapsing
>asked for time frame
>within 10 years
fucking Cassandra over here, amazing prediction. You must have real insider knowledge

>> No.54107093

>>54106947
shut up jew

>> No.54107115

>>54107047
2008 was the credit card shuffle courtesy of the taxpayer. Most developing countries are still dealing with it's aftereffects. The US, has recovered from it. Today's scenario is different in a lot of ways, none of which are worse than what we had in 2008. Like I said, we'll have a recession, but this is no depression 20% unemployment disaster scenario. In all honesty, its a well-needed correction. We've been in an 'everything bubble' for a while now, and we should have had a recession in 2020, but thanks to them flooding the economy with cash, they kicked the can down the road. Now say hello to the can. Yes, it will be worse now than it would have been had it happened 3 years ago, but it should be a healthy correction.

>> No.54107117

>>54106421
kek based and outside pilled