The bailouts are just beginning will be an epic year! Another nail in the coffin of the dollar and diaper joe is sealing its fate! Bring it all down joe cmon man look!
The albino demon hobbit might need a blood transfusion today and maybe Pew Pew Powell will talk about all of his one tool he has, interest rate control. At least he can give brandon a reacharound for doing his bidding between nappy time and diaper changes. It seems like a perfect time for a huge distraction to take everyones attention off their chronic failures. Black swan incoming?
you know my biggest concern is that they will escalate things in Ukraine to try and shore up his numbers. a Russian false flag attack in USA would do that right?
Yeah that would probably do it. We could put brandon up on a podium to give a great motivating speech about justice and being strong, then recruit every 17 year old in the land for the next generations lost war. I can already see all the sheeple with yellow ribbons and gold stars on their front windows. Hometown America!
thats the plan, great way to depopulate the world as well so would be a win win for the bill gates of the world. best thing is the ones who identify as women have cut their dicks off so they wont be able to breed as well
Well the PPT seems to have stabilized and contained the situation for the time being, whether they can keep it stabilized to the end of today's trade is another thing.
Nappy time, diaper changes, falling up and down stairs, randomly sniffing young women and Children AND shaking hands with invisible people while reading out palm cards he's unable to hide...cut the man some slack he has a busy schedule
The very fact the regulators needed to reassure markets that “Credit Suisse meets the higher capital and liquidity requirements applicable to systemically important banks” and then make clear it will “provide liquidity to the globally active bank if necessary” you know you’ve got a serious issue on your hands. -AFR All the TBTF apparently have ample liquidity and passed all the stress tests, but then we find out that it was all done with flawed metrics and lies. Because heck! If they fudge a few numbers it doesn't matter, they are to big to fail. Moral hazard.
The bank CEOs are probably in a panic making sure they get put in for the xmas bonus this year. Its coming fast! Now we have Brandon Claus spreading the cheer.
Credit Suisse has been in trouble for over a decade. It's natural that during a time of financial turmoil then struggling banks are going to be put under pressure. The MSM will keep running with as many banking failure stories as it can find. Keep lapping it up.
At least they are being consistent so far. Except FTX might want a bailout too. They may have bought too many Tin coins haha
AFR = MSM. Just stirring you up. Firstly if Credit Suisse has been fudging its books then I don't think it should be bailed out because it has skirted (or even ignored) regulatory guidelines ie broken the law. That being said, the majority of depositors don't understand Basel III and many of the other regulations that guide banking practice. And more importantly from an influential basis many large investors don't give a shit about Basel III or the other regulations that guide banking practice when there are hundreds of thousands and possibly millions of $ of their funds at stake. So I think that regulators and politicians will come under increasing pressure to re-assure markets which could mean Credit Suisse gets bailed out. As Jospeh Wang said the other day it's a shame that Treasury and The Fed agreed to bail out SVB instead of letting due process take its course so we could see whether the regulatory guidelines introduced as a result of the GFC actually work in a crisis. I really don't think that The Fed and the SNB etc are concerned that the banking guidelines introduced are frail, it's just that they probably have politicians breathing down their necks demanding that they take action to avoid blood on the streets of SanFransisco and Bern etc (or more likely Aspen and Monaco).
I can't imagine Warren Buffet being on the phone all weekend urging Yellen to take action to prevent losses, more likely he's sitting back in his home library smiling, waiting in anticipation of snapping up all those equities on special.
