Author Topic: SVB  (Read 5089 times)

Offline Shuffler

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Re: SVB
« Reply #15 on: March 14, 2023, 12:17:51 PM »
SVB was not backed and the Fed should let it go.
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Offline DmonSlyr

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Re: SVB
« Reply #16 on: March 14, 2023, 01:25:39 PM »
:( Accept the truth.

You know not what you are talking about. Certainly it wasn't poor decisions by management at all... nahh, surely it wasn't, especially after receiving 300% growth in deposits in 2 years with strong interest rate growth at the same time.
« Last Edit: March 14, 2023, 01:27:53 PM by DmonSlyr »
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Offline CptTrips

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Re: SVB
« Reply #17 on: March 14, 2023, 05:24:58 PM »
Gonna catch this tonight 8pm central:

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Offline MiloMorai

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Re: SVB
« Reply #18 on: March 14, 2023, 07:30:24 PM »
You know not what you are talking about. Certainly it wasn't poor decisions by management at all... nahh, surely it wasn't, especially after receiving 300% growth in deposits in 2 years with strong interest rate growth at the same time.
That wasn't the truth I was talking about.

Offline Brooke

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Re: SVB
« Reply #19 on: March 15, 2023, 04:47:28 AM »
It didn't help that restrictions that would have stopped what happened were removed by the last Prez.

According to this analysis, that wasn't a factor:

"Silicon Valley Bank Would Have Passed The Liquidity Coverage Ratio Requirement":
https://bpi.com/silicon-valley-bank-would-have-passed-the-liquidity-coverage-ratio-requirement/

The above analysis might be biased or might not be, but at least has details.  Unlike typical news, which is mostly designed to assign people opinions, not to critically examine anything.

Offline Eagler

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Re: SVB
« Reply #20 on: March 15, 2023, 07:44:01 AM »
Poor management by woke management caused the collapse

Raised rates is designed to push out these poorly run junk outfits..

What happens the first time one might be in trouble?

We jump in with both feet to save everyone from any pain...basically reversing the effort of the feds higher rates..

Something tells me that ain't gonna work in the long run lol

Eagler
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Offline DmonSlyr

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Re: SVB
« Reply #21 on: March 15, 2023, 12:47:31 PM »
According to this analysis, that wasn't a factor:

"Silicon Valley Bank Would Have Passed The Liquidity Coverage Ratio Requirement":
https://bpi.com/silicon-valley-bank-would-have-passed-the-liquidity-coverage-ratio-requirement/

The above analysis might be biased or might not be, but at least has details.  Unlike typical news, which is mostly designed to assign people opinions, not to critically examine anything.

He wouldn't know the "truth" If they fired an AG in the Virgin Islands over it :rofl
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Offline mthrockmor

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Re: SVB
« Reply #22 on: March 16, 2023, 10:24:03 AM »
So many great comments!

The end goal is Central Bank Digital Currency, or CBDC. It would look identical to your current debit card, but it creates a behind the scenes social credit system like Communist China. The promise is to not be the CCP, but we've seen how government employees view the average American.

Diversify what you have. Open an account at a credit union, put chunks of cash there. Pull out paper dollars and hide them. Buy silver coins. Get a couple crypto wallets, not to be wealthy, but to have the means to buy and sell basic goods using crypto currencies. Then, guns that make sense (.22, .270/30-06, 9mm, not some crazy .50 cal or machine gun, etc), and basic food stores.

As small banks become distressed, they will move into the Fed Reserve backing them up for liquidity, which sets up the CBDC framework. Big assets are going to move into the top 4-6 banks in America like Wells Fargo, Chase, etc., to big to fail, then the Black Swan happens. All banks will shutter for a few days, and when they come back up CBDC will be implemented. We have to refuse to use, non-violent protests, etc - we resist enough we can shut that down.

The next question is at the world stage, which is dollar hegemony. That is the root of Ukraine, soon Taiwan, and also the current economic espionage that is the train derailments, PeMex having 3 or 4 petroleum plants buring, etc.

Anyway, I say SVB is the beginning of the next phase.

Boo
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Offline guncrasher

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Re: SVB
« Reply #23 on: March 16, 2023, 10:48:52 AM »
boo you want to bet 5 buck it's not gonna happen anytime soon?

I heard the same thing back in the 80s.

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Offline CptTrips

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Re: SVB
« Reply #24 on: March 16, 2023, 11:03:54 AM »
 :rolleyes:
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Offline Eagler

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Re: SVB
« Reply #25 on: March 16, 2023, 11:05:12 AM »
CptTrips how depressing was that pbs easy money special?

It came on at 10 here and forgot to record it

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Offline CptTrips

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Re: SVB
« Reply #26 on: March 16, 2023, 11:24:22 AM »
CptTrips how depressing was that pbs easy money special?

It came on at 10 here and forgot to record it

Eagler



I thought it was very well done.

It's on the web for those who missed it.

https://www.pbs.org/wgbh/frontline/documentary/age-of-easy-money/
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Offline AKIron

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Re: SVB
« Reply #27 on: March 16, 2023, 06:25:40 PM »


I thought it was very well done.

It's on the web for those who missed it.

https://www.pbs.org/wgbh/frontline/documentary/age-of-easy-money/

Can you give us a Nostradamus/Cliff Notes analysis/quatrain? 

Maybe even a summation in Haiku?
« Last Edit: March 16, 2023, 06:27:21 PM by AKIron »
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Offline Vulcan

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Re: SVB
« Reply #28 on: March 16, 2023, 06:53:10 PM »
The end goal is Central Bank Digital Currency, or CBDC. It would look identical to your current debit card, but it creates a behind the scenes social credit system like Communist China. The promise is to not be the CCP, but we've seen how government employees view the average American.

Yeah nah. One of the goals for CBDC is to operate offline and anonymously in the same way cash does.

You may want to remove the tin foil hat, it's hurting your brain.

Offline CptTrips

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Re: SVB
« Reply #29 on: March 16, 2023, 07:20:58 PM »
Maybe even a summation in Haiku?



Lend money for free,
moral hazard amplifies.
Piper must be paid.

[Edit oops.  The moral hazard is increasing.  I had the definition backwards.]
« Last Edit: March 16, 2023, 07:47:20 PM by CptTrips »
Toxic, psychotic, self-aggrandizing drama queens simply aren't worth me spending my time on.