Investing General Discussion

Sanrith Descartes

Sanrith Descartes

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Furry said:
Tomorrow is definitely gonna be some madness at svib. I suspect the fdic will have some trouble making good on everyone having access to everything when a 100b in withdrawals come a knocking.
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And when their online banking portal is offline.
 
Furry

Furry

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Sanrith Descartes said:
And when their online banking portal is offline.
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Why do I have a sneaking suspicion that people in the know will have a special hotline to get their money out, so once lawsuits come to shut this down they can screw over everyone else.
 
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Kiroy

Kiroy

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Mist said:
The reason your dollars are worth a stable amount of money is because the system is 'rigged', and by rigged I mostly mean regulated and insured, but also rigged.


This is not 2008, these banks aren't all leveraged to hell and back, because regulations.
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congrats on reading blazen posts and then putting your commie spin on them
 
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Haus

Haus

I am Big Balls!
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Edaw said:
Best post of the day belongs to Burnem Wizfyre Burnem Wizfyre . How many people are moving money on Monday or grabbing cash?


View attachment 462854
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At this point, If you don't have enough for a "shit has blown up and we're living disconnected from technology" plan you're not doing it right... I have some spare $10,000 paper money bands if people need (they come in "you'll never see this much money in one place" level quantities when ordered)

Edaw said:
lol

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But wait... By the common accepted CIAT (Cramer Investment Advice Theory) anything he has is exactly opposite of the truth. Essentially he's a walking Costanza paradox. SO if he's doing a banking crisis special then well... All is good.
 
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Burnem Wizfyre

Burnem Wizfyre

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Haus said:
At this point, If you don't have enough for a "shit has blown up and we're living disconnected from technology" plan you're not doing it right... I have some spare $10,000 paper money bands if people need (they come in "you'll never see this much money in one place" level quantities when ordered)


But wait... By the common accepted CIAT (Cramer Investment Advice Theory) anything he has is exactly opposite of the truth. Essentially he's a walking Costanza paradox. SO if he's doing a banking crisis special then well... All is good.
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Damn that guy who invested in SVB is going to be Bill gates level wealthy after Monday now and I’m the retard who thought he was retarded.
 
Mist

Mist

REEEEeyore
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Burnem Wizfyre said:
Damn that guy who invested in SVB is going to be Bill gates level wealthy after Monday now and I’m the retard who thought he was retarded.
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Shareholders are last in line during bankruptcy, and the bank doesn't have a buyer... so I think they're still retarded.
 
Burnem Wizfyre

Burnem Wizfyre

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Mist said:
Shareholders are last in line during bankruptcy, and the bank doesn't have a buyer... so I think they're still retarded.
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the naked gun facepalm GIF
 
Mist

Mist

REEEEeyore
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Time to buy crypto because money printer gonna brrr and a bunch of other dummies will react by buying crypto; better to be the first dummy in as long as you're also the first dummy out.
 
Khane

Khane

Got something right about marriage
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Mist said:
Time to buy crypto because money printer gonna brrr and a bunch of other dummies will react by buying crypto; better to be the first dummy in as long as you're also the first dummy out.
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Did you not pay attention to NY regulators siezing a crypto bank for no legitimate reason while claiming it was because crypto is too risky?
 
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