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  1. #1
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    Bank crash thread

    As good as 1929 oar better?

    Biden is really on it.

    No one in lift lines.
    watch out for snakes

  2. #2
    Join Date
    Mar 2005
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    Sending to polyass in three two
    Ehh fuck it.

    It seems svb balance sheet was off. Submarine gubmint treasury bonds. Good as gold. But submarining.

    Lots of withdrawals. Classic bank run. But hey. George Bailey has two dollars.

    Where’s Mr Potter?

  3. #3
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    Itís another attention whore thread from the inbred dogfucker that needs a comfort gun to go out in public

  4. #4
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    Feb 2011
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    Hey dumbass, it was was Republicans that rolled back the banking regs that allowed SVB to put themselves in the position to fail.


    Sent from my iPhone using TGR Forums

  5. #5
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    Quote Originally Posted by Skistack View Post
    Hey dumbass, it was was Republicans that rolled back the banking regs that allowed SVB to put themselves in the position to fail.


    Sent from my iPhone using TGR Forums
    Lets see what Fox News says about it:

    https://www.cnn.com/2023/03/14/polit...ion/index.html

  6. #6
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    Quote Originally Posted by Skistack View Post
    Hey dumbass, it was was Republicans that rolled back the banking regs that allowed SVB to put themselves in the position to fail.


    Sent from my iPhone using TGR Forums
    Yeah. That Barney Frank republitard. On the board of signature bank. Yeah. That dude.

    But realistically. This is a combination of decreasing T bill value combined with quick deposit withdrawals.

    Or yeah. It’s those damn repubs. Fuck those goat fuckers.

    Interesting in hindsight.
    Good article from cnn posted above.
    Money wants to be free.
    For everyone except you and me.

  7. #7
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    Mar 2008
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    Last time y'all shit the bed in 08 it eventualy dragged down the RE up narth so 2 yrs later so I was able to get back in the market, Canada didnt suffer and it was great for me
    Lee Lau - xxx-er is the laziest Asian canuck I know

  8. #8
    Join Date
    Apr 2006
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    5,029
    Dunfree owns BTC.

  9. #9
    Join Date
    Dec 2022
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    Southern BC
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    Quote Originally Posted by XXX-er View Post
    Last time y'all shit the bed in 08 it eventualy dragged down the RE up narth so 2 yrs later so I was able to get back in the market, Canada didnt suffer and it was great for me
    Eurobanks are experiencing issues too though -- not sure we will be unscathed. Although if the 'mercans are forced to take their hands off the interest rate throttle to avoid global collapse, and we keep after it -- Canadians might be able to afford to buy things down there using our dollars for a change.

  10. #10
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    Quote Originally Posted by Skistack View Post
    Hey dumbass, it was was Republicans that rolled back the banking regs that allowed SVB to put themselves in the position to fail.


    Sent from my iPhone using TGR Forums
    Yeah! The other 10,000 rules and regs were toothless, and the thousands of useless govt workers and bureaucrats were powerless. But it was just that one!

    My god.

  11. #11
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    Quote Originally Posted by jkf View Post
    Eurobanks are experiencing issues too though -- not sure we will be unscathed. Although if the 'mercans are forced to take their hands off the interest rate throttle to avoid global collapse, and we keep after it -- Canadians might be able to afford to buy things down there using our dollars for a change.
    the reason we did not also shit our beds is because the finance minister of the day ( might have been Paul Martin ? ) would not allow canadia banks to de-regulate

    actualy that cheap canuck buck is good for Canadian mfg & lumber bidness cuz it makes canuck products a good buy
    Lee Lau - xxx-er is the laziest Asian canuck I know

  12. #12
    Join Date
    Dec 2022
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    Southern BC
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    Quote Originally Posted by XXX-er View Post
    the reason we did not also shit our beds is because the finance minister of the day ( might have been Paul Martin ? ) would not allow canadia banks to de-regulate

    actualy that cheap canuck buck is good for Canadian mfg & lumber bidness cuz it makes canuck products a good buy
    Kind of -- they have to buy equipment and stuff in US $, so it usually ends up they just jack their prices up to match American business and nobody can afford anything.

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