I think there was about half a year between lehman and bear Stearns collapsing. Hopefully there will be much drama to come!
they missed oneIt took me a while to get around the paywall so I've summarised it:
https://www.ft.com/content/63dc908c-d5cd-4b04-b51a-9a9ba3e38b31
"A quick run through Silicon Valley Bank’s risk management snafus
1. Risk
Tech start ups
2. Lack of diversification
Clients in largely one area, one industry
3. Hedging
Hedges against rising rates were terminated or allowed to expire
4. Marking to market
Portfolio valuation wasn't up-to-date
5. Risk management oversight
No professional risk-management team from April 2022 - January 2023
6. Poor networking
SVB clients were largely connected
7. Stayed below the regulation radar
Assets were below the required threshold, the CEO lobbied to have thresholds raised."
So are you saying that it can go all the way down to zero and there is nothing to worry about?
Personally, I don't give a fuck if Credit Suisse or Deutsche Bank goes down but these are big players who can bring the whole financial system down.
I am only following it because it is good for the price of gold.![]()
It took me a while to get around the paywall so I've summarised it:
https://www.ft.com/content/63dc908c-d5cd-4b04-b51a-9a9ba3e38b31
"A quick run through Silicon Valley Bank’s risk management snafus
1. Risk
Tech start ups
2. Lack of diversification
Clients in largely one area, one industry"
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?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!
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?
thats the plan, great way to depopulate the world as well so would be a win win for the bill gates of the world.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!
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 scheduleThe 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?