the i dont care about politics anymore thread

[Horza]

Originally Posted by Trexller [You must be logged in to view images. Log in or Register.]

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Japan rearming themselves is going to get wild, I say this as a weeboo.

[Patriam1066]

Originally Posted by aussenseiter [You must be logged in to view images. Log in or Register.]

JP Morgan Chase covered the uninsured WaMu deposits in the acquisition apparently.

I think that was a consumer bank though and I doubt anyone would want to help here.

Maybe we land sooner than anticipated. [You must be logged in to view images. Log in or Register.]

I don’t think this is as big of a deal as some alarmists are saying. Then again, I’d ban usury and don’t understand finance

[Basanos]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

I don’t think this is as big of a deal as some alarmists are saying. Then again, I’d ban usury and don’t understand finance

Anyone who claims to understand finance is a grifter. Anyone

[Ekco]

But more than 85% of the bank’s deposits were uninsured, according to estimates in a recent regulatory filing. That’s because FDIC deposit insurance is meant for everyday bank customers and maxes out at $250,000.

fuck em, but them getting fucked somehow always ends up fucking us so. fuck us i guess. we'll see monday.

[Patriam1066]

Originally Posted by Ekco [You must be logged in to view images. Log in or Register.]

fuck em, but them getting fucked somehow always ends up fucking us so. fuck us i guess. we'll see monday.

These startup geniuses all had their money in the same bank

It’s hilarious how dumb that is. It’s even funnier that Peter thiel encouraged a bank run

But yes. I’m sure it will fuck us over somehow and I guarantee we bail out these pussies even though they’d advocate libertarianism if any normal person needed financial assistance

[Patriam1066]

Originally Posted by Basanos [You must be logged in to view images. Log in or Register.]

Anyone who claims to understand finance is a grifter. Anyone

Maybe, but I especially don’t understand it. This bank collapsed holding tons of treasury notes. Does that mean the US government took control of its own debt? Is it not paying interest to itself and now financing more debt to pay off the FDIC insured deposits?

I’m asking because I don’t understand the circlejerk of bull shit that legalizing usury has permitted

[Basanos]

I don't understand any of it. I still want to read a good book about Silicon Valley shit but my eyes glaze over and I get drowsy when talk turns to tech bro culture.

This one has been on my list, dunno if it even covers the VC shit

https://www.goodreads.com/book/show/...-work-work-die

[aussenseiter]

Originally Posted by Ekco [You must be logged in to view images. Log in or Register.]

fuck em, but them getting fucked somehow always ends up fucking us so. fuck us i guess. we'll see monday.

Can't wait. [You must be logged in to view images. Log in or Register.]

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[Patrece]

https://gellerreport.com/2023/03/ame...ngle-day.html/

SVB hires it's first diversity, equity and inclusion manager clown after 37 years in business

3 years later it goes completely down the drain

No wonder they couldn't get anyone to buy this bank. People saw all the LGBT crap loans on their books and purple hair secretaries in the foyer and did a 180


Remember, they want to destroy our economy but pretend it's for trying to do these other things

[Jobaber]

Originally Posted by Basanos [You must be logged in to view images. Log in or Register.]

Anyone who claims to understand finance is a grifter. Anyone

Sounds like you got a pretty good understanding of it all.