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B00M

Burnt Ends
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Everything posted by B00M

  1. You must hate cash and precious metals and be all aboard the CBDC train… Are we on the brink of a christofascist government that will punish its political enemies or not?
  2. And there you have it. Yellen announces that only banks that pose systemic risk will have all deposits insured. Accidentally or intentionally this will fuel regional bank runs as the wealthiest depositors move money to where they get free insurance. that seems like such a worse decision than describing this as temporary universal back stopping. what am I missing?
  3. Yeah I didn’t really get that cartoon either. I think the concern is what this means for FDIC insured amounts moving forward. Is the limit still $250k or not? If your smaller regional bank fails, will you be made whole? the dunking on silicone valley bros is dumb but par for the course
  4. You sound like somebody that enjoys your Liberty a bit too much. Bow down to your mega bank overlords and embrace the looming central bank digital currency you pleb
  5. So I guess the goal is to fight inflation purely by driving down the value of real estate and forcing bankruptcies in every sector except finance.
  6. Good lord, the writing has been on the wall for at least 6 months
  7. Crazy. Any clue how much of that came from SVB vs say, Europe?
  8. I am mildly encouraged that we’re basically 100 years more advanced than the last time it happened. Our financial system has come along way since we transferred money via unreliable telegraph… it’s funny how important the human element and time is in bank runs. There are certainly more tools available today to backstop failing banks. Recession instead of depression! bullish af
  9. Lol I love that like 3 days ago the fed had made it clear the next hike would be 50 bps … based on lagging indicators … then they get the first of many failed banks and they’re like, wait! Maybe we went too far too fast! Banks failing when you still need to raise rates at least another full percentage? Bodes well
  10. That new SS is in for a long season
  11. Surely this will happen soon … right?
  12. It looks like he was enjoying his time in soldier field’s basement a little too much
  13. Sounds like Hesslink needs to have all his friends watch because he’ll have a career night against our lineup.
  14. Higher interest rates that regional banks can’t match means investors pull money out. Eventually the banks will have to sell the old easy money era bonds they desperately need to hold to maturity. At huge losses… This problem will not be limited to SVB.
  15. Lmao the fed trained us so well… now it needs to beat the shit out of us until we stop wackawackaing into the market. You know, to fix the inflation problem it created
  16. Texas has wasted WR talent for years with sub standard QB play. Meanwhile our biggest rival has been shitting out heisman QBs… last years starting receivers + TE + RBs were probably our best pass catching group on paper in a decade or longer
  17. Which years do you have in mind?
  18. I bet this place was delightful heading into the bottom of the 6th. I know I was
  19. Own a musket for home defense, since that's what the founding fathers intended. Four ruffians break into my house. "What the devil?" As I grab my powdered wig and Kentucky rifle. Blow a golf ball sized hole through the first man, he's dead on the spot. Draw my pistol on the second man, miss him entirely because it's smoothbore and nails the neighbors dog. I have to resort to the cannon mounted at the top of the stairs loaded with grape shot, "Tally ho lads" the grape shot shreds two men in the blast, the sound and extra shrapnel set off car alarms. Fix bayonet and charge the last terrified rapscallion. He Bleeds out waiting on the police to arrive since triangular bayonet wounds are impossible to stitch up, Just as the founding fathers intended
  20. That mother fucker is still tryna convince pigs to stop fighting the fed. Maybe this anti-pivot will do the trick
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