USA BANK RUN PANIC as Third Bank COLLAPSES in 5 Days. Signature Bank Closed by FDIC after BANK RUN

[beijingwalker]

No, that's onebyone you are thinking of.

Do you even know what it is about?

 

[VCheng]

No, that's onebyone you are thinking of.

There are many of them, to be sure.

 

[Hamartia Antidote]

Do you even know what it is about?

You claiming some relation/knowledge of the PDF onebyone profile?

 

[beijingwalker]

View attachment 920212

You claiming some relation to the PDF onebyone profile?

What? what are you smoking now?

 

[Hamartia Antidote]

What? what are you smoking now?

Why are you asking me if I know what it is about?

 

[American College Student]

The Boomer Globalist "humanitarians" will try to use this as an excuse to implement a bailout to infuse cash into the banking system. Anything to keep the system from having to update from its 1990s-era configuration.

 

[Hamartia Antidote]

The Boomer Globalist "humanitarians" will try to use this as an excuse to implement a bailout to infuse cash into the banking system. Anything to keep the system from having to update from its 1990s-era configuration.

Actually the opposite. It's an outrage that SVB, First Republic, and Signature Bank are getting special treatment only because their primary clientele are millionaires. If this was a farmer's bank in rural Oklahoma those guys would be sh*t-out-of-luck with the Government pooh-poohing them for making bad choices.

 

[KAL-EL]

The sky is falling! The sky is falling! The sky is falling!

 

[ApparentRaceTraitor]

Fking pandering to the multimillionaires as always. Someone rightly said in a post on this thread, if one of the 1% were affected you can bet your last gumball they would be bailed out. But if every tom, harvinder, or Ahmad were affected, all we would get are "thoughts and prayers" and the one time $100 payout.

Capitalism in its purest form is a cancer on the level of totalitarianism.

 

[Hamartia Antidote]

Fking pandering to the multimillionaires as always. Someone rightly said in a post on this thread, if one of the 1% were affected you can bet your last gumball they would be bailed out.

yep, can't let them get hurt..as if they can't afford it.

But if every tom, harvinder, or Ahmad were affected, all we would get are "thoughts and prayers" and the one time $100 payout.

Don't forget being called stupid simpleton country bumpkins by the Government for putting their money in an incompetent bank...which by the way they are NOT saying to the millionaires of those failed incompetent banks.

Capitalism in its purest form is a cancer on the level of totalitarianism.

It's not just capitalism..even China was dealing with banking runs last year.

China’s small-bank shareholders continue to abuse positions, despite crackdown

‘The whip didn’t really hit the right places,’ state media says as small-bank shareholders have been allowed to amass stakes in the banks without regulatory approval, while also using the lenders to secure loans.

www.scmp.com

 

[American College Student]

The problem with modern capitalism isn't capitalism in itself, as others mention China has experienced similar banking problems. However with capitalism vested interest would block any solution that actually permanently fixes the problem because doing so would hurt their profit margins.

 

[Hamartia Antidote]

The problem with modern capitalism isn't capitalism in itself, as others mention China has experienced similar banking problems. However with capitalism vested interest would block any solution that actually permanently fixes the problem because doing so would hurt their profit margins.

Not really. SVB was a victim of many startups burning through their capital accounts quickly causing the bank to have a liquidity crises. SVB had to cash in some of their investments early to cover the depositor burn rate. The easiest way was to sell their treasuries early but unfortunately since interest rates went up nobody is going to want them so they sold at a loss.

When the treasury sales didn't cover it all they tried to raise money by offering a company stock sale. This got people nervous and there was a bank run.

 

[That Guy]

Lalala

Tel Aviv shares drop as SVB failure triggers cash-flow concern for Israeli startups

LeumiTech says it helped Israeli startups transfer $1 billion out of SVB accounts; government pledges to help tech firms

www.timesofisrael.com

After "half of the world" sanctioned Russia, not even one Russian national Bank has defaulted....

View attachment 920185

Mostly because Russia bailed them out.

The US is so far refusing to bail out its own banks, and just opting to protect deposits.

Also, Russia had a huge bank run as well, but the Russian government just stopped people from withdrawing their money. Lol.

Nice try comparing the two situation. If I didn't know better I'd have bought your narrative hook line and sinker.