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/biz/ - Business & Finance

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54206331 No.54206331 [Reply] [Original]

biz new fag here do i have this right re: SVB

>SVB invest in high-risk tech companies
>buy gov bonds to cleave off risk (treasuries solid assets)
>bonds that were bought were low interest (covid money printer br)
>fed raise interest rates
>bonds with shitty interest rates struggle to sell in secondary market to raise cash
>forced to sell at discount
>can't guarantee depositors money back
>bank run
>bank collapse
>FDIC guarantee for plebs

did i miss anything?

>> No.54206380
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54206380

>>54206331
You didn't mention the Jews, but yeah spot on mate.

>> No.54206396

>>54206331

Death to Russia

>> No.54206408

>>54206396
хoхoл хyй cocни

>> No.54206484

>>54206331
you missed bank depositors were shitty tech startups that no longer had funding due to interest rate rises and therefore had to withdraw their funds for operating expenses

>> No.54206543

>>54206408

Not even Ukrainian, I just hate Russia

>> No.54206555

>Some Californian tech bros ran a bank into the ground whose business model was based on being the lender for crypto scams and or genius companies such as the uber of scented candles and now the European banking sector is collapsing

What an amazing economic system, truly marvelous.

>> No.54206592

>>54206543
what exactly did Russia do to you

>> No.54206632

>>54206592
they were rude to trannys

>> No.54206654

>>54206592

shit up the internet for the past 20 years

>> No.54206680
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54206680

>>54206396
>Death to Russia
>I support the latest thing
>I'm a Trump expert
>Covid Expert
>Geopolitics expert

>> No.54206683
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54206683

>>54206380

>> No.54206694

>>54206654
how?

>> No.54206745

you missed the infinite money glitch by forcing the tech companies to re-deposit their funds back into svb. this allowed them to re-deploy that money into a new loan for another tech company... that then had to use SVB as their bank so they could re-deploy.... again and again and again

>> No.54206958

>>54206396
Why exactly?

>Nooooooooo you can't just have autonomy, you must adhere to our doctrine and cultural norms and must trade in our currency or we'll coup the shit out of you

>> No.54206991

>>54206396
Just mindlessly lashing out now. We are at the end stages.

>> No.54207033

>>54206331
>A Ukrainian Jew ruined the West
Kek

>> No.54207049

>>54206745
didn't consider this.. thanks