Bank Run Watch 2023 after Silicon Valley Bank shutdown - Over 97% of SVB's assets were not FDIC insured

AnonymousKot said:
Well, it might be that investors and companies are trying to either get their cash out since 4 banks got fucked by interest rates and bad investments, that and maybe the inside traders might be trying to pull out all at the same time
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So now it's a game of Chicken to see who will cash out first. But nobody wants to be the next domino to fall.
 
Stoneheart said:
Can somebody please explain to me what the freaking bond market is doing right now? Its all over the place with massive swings and countries that normaly move the same direction broke their bonds.
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This, unironically, is the bond market right now:

 
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Stoneheart said:
yeah but that would imply massive bankruns across the world. it also doesnt explain why some countries like greece have massiv swings in both direction across their bonds.
Greece has massive swings between 1 month and 6 month bonds with one beeing up and the other beeig down more than 20%
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If you owe the bank a million dollars, the bank owns you. If you owe the bank a Billion dollars, you own the bank.

It's like this old adage, but for the government. The incentive structure is not to take less risk with less money. It's to take all the risks with all the money. Because when you fuck up the government will have no choice but to save you.

What's funny is I can easily see the small non systemically important banks getting absolutely mogged in this, while the "systemically important" banks that caused the mess will get even bigger
 
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mindlessobserver said:
If you owe the bank a million dollars, the bank owns you. If you owe the bank a Billion dollars, you own the bank.

It's like this old adage, but for the government. The incentive structure is not to take less risk with less money. It's to take all the risks with all the money. Because when you fuck up the government will have no choice but to save you.

What's funny is I can easily see the small non systemically important banks getting absolutely mogged in this, while the "systemically important" banks that caused the mess will get even bigger
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The problem with 'too big to fail' is eventually 'too big to bail out'. The problem with not plugging systemic cracks is that gamblers and gambling addicts are constantly looking for new ways to 'game' the system. Then when one finds away, the others follow, leading everyone doing the same thing. Then, eventually you have one collapse so big it tumbles into other buildings and there's really nothing you can do, because with what is being done is you are creating a failure cascade.

All the parts are too interconnected to be be stopped, so even if you save one part, another part fails and leads to another failure and another, until the part you saved fails too. That's basically what's happening here. You can keep wishing upon a star, but you can't concentrate global wealth in the hands of a few incestous entities and expect the party to go on forever. Eventually someone is going to OD on the infinite money drug and everyone is going to get fucked.

Honestly, people thought 2008 was it, but it wasn't. 2008 and Corona wiped out a lot of smaller banks and institutions and concentrated wealth even further, creating an even bigger 'too big to fail' scenario with assets hitting trillions. Now, its basically not a matter of 'if' but 'when' the whole thing tumbles due to lack of regulation.
 
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CS is getting a bailout, er, excuse me, a "lifeline", from the Swiss National Bank. JP Morgan is looking into buying First Republic.
 
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Meat Target said:
CS is getting a bailout, er, excuse me, a "lifeline", from the Swiss National Bank. JP Morgan is looking into buying First Republic.
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If you mean the 50 billion, it's probably enough to paper over a small run, but if everyone starts bolting for the door it's probably curtains for them either way.
 
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Earlier this NYTimes headline said something like "small banks are facing pressure"
midsize.png
 
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mindlessobserver said:
Yeah, you know all that money you peasants withdrew from First Republic and put in our bank? Well, funny story. We kinda just gave it back. But don't worry! Your money is still safe!
View attachment 4794474
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Straight up insanity. I don't want people to suffer but I can't wait for this to blow up. Better to blow up now while I am healthy enough to work 3 jobs for a while rather than kicking the can down the road....

Oh sorta off topic but yesterday China helped unite Saudis and Iran in a peace deal but msm is not mentioning that in US...too busy with financial collapse....and prepping us for a war to pay for it imo...Screenshot_20230315_205705.jpg
 
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Rei is Shit. said:
Earlier this NYTimes headline said something like "small banks are facing pressure"
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Lol the Europeans have only just hiked to 3% on their prime rate and are still > 5% inflation?? Holy shit things are about to get so much fucking worse LMAO. Hang on to your butts gentlemen.
 
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In 2008 the financial analysts that knew their shit, told the world to take it on the chin and let the collapse happen at 1920 levels. We didn't.
They said if we didn't, and we kicked the can down the road, the consequences would be exponentially more dire. We kicked the can down the road.
Then, in 2019, it came time to pay the piper, Covid just so happened and we didn't just kick the can down the road, we attached a jet engine to it and sent it flying.
Now, here we are, in a much worse state, can nowhere to be seen, so we're scrambling.

Maybe it's not the end of days, but the inevitable cyclical recessions and collapses happen and this is one of those natural cycles.
 
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Bog-standard Poster said:
In 2008 the financial analysts that knew their shit, told the world to take it on the chin and let the collapse happen at 1920 levels. We didn't.
They said if we didn't, and we kicked the can down the road, the consequences would be exponentially more dire. We kicked the can down the road.
Then, in 2019, it came time to pay the piper, Covid just so happened and we didn't just kick the can down the road, we attached a jet engine to it and sent it flying.
Now, here we are, in a much worse state, can nowhere to be seen, so we're scrambling.

Maybe it's not the end of days, but the inevitable cyclical recessions and collapses happen and this is one of those natural cycles.
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The worst part? The ones responsible for kicking the can would likely get off scot-free.

I wish nothing but hellfire on these """politicians""" and """economists""".
 
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Would be a major /pol/ op on 4chan if people posted about how Morgan, Chase and the other big banks are in trouble.

Certain Dark Web hackers would, for a fee of Bitcoins, hack into the accounts of the senior staff - if one of them could be seen to be sending a story to Fox or a Right-Wing News Network that 'actually we are beyond f*cked at this point and the financial markets have no faith in Biden' then that would be the Nuke Button being pressed.

CNN etc. would be caught off guard and would struggle to control the narrative whilst Middle America sh*ts itself stupid and collapses the NWO.

Imagine if Vanguard or BlackRock were hacked and all the plans laid bare on the same day...

naked-gun-leslie-nielsen.gif
 
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CaptainRockall said:
Would be a major /pol/ op on 4chan if people posted about how Morgan, Chase and the other big banks are in trouble.

Certain Dark Web hackers would, for a fee of Bitcoins, hack into the accounts of the senior staff - if one of them could be seen to be sending a story to Fox or a Right-Wing News Network that 'actually we are beyond f*cked at this point and the financial markets have no faith in Biden' then that would be the Nuke Button being pressed.

CNN etc. would be caught off guard and would struggle to control the narrative whilst Middle America sh*ts itself stupid and collapses the NWO.

Imagine if Vanguard or BlackRock were hacked and all the plans laid bare on the same day...

View attachment 4794700
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What kind of idiot advertising their idea to take down the NWO on Kiwifarms? The fuck is wrong with you.
 
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Secret Asshole said:
The problem with 'too big to fail' is eventually 'too big to bail out'. The problem with not plugging systemic cracks is that gamblers and gambling addicts are constantly looking for new ways to 'game' the system. Then when one finds away, the others follow, leading everyone doing the same thing. Then, eventually you have one collapse so big it tumbles into other buildings and there's really nothing you can do, because with what is being done is you are creating a failure cascade.

All the parts are too interconnected to be be stopped, so even if you save one part, another part fails and leads to another failure and another, until the part you saved fails too. That's basically what's happening here. You can keep wishing upon a star, but you can't concentrate global wealth in the hands of a few incestous entities and expect the party to go on forever. Eventually someone is going to OD on the infinite money drug and everyone is going to get fucked.

Honestly, people thought 2008 was it, but it wasn't. 2008 and Corona wiped out a lot of smaller banks and institutions and concentrated wealth even further, creating an even bigger 'too big to fail' scenario with assets hitting trillions. Now, its basically not a matter of 'if' but 'when' the whole thing tumbles due to lack of regulation.
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Yep Credit Suisse may be at this point. The Swiss National Bank just poured $50 billion into them. How much more do they have in the tank?

And Germany's clearly not gonna help. Who do you think Lagarde actually works for? For decades her only mission has been preventing inflation in Germany. Fuck everyone else.

Speaking of everyone else, has anybody checked on Spain, Greece, Italy or Ireland lately? Are they on fire yet?
 
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