Financial Armageddon!!

[Jeffa]

Sam Bankrupt Fried (Ass) has been finally arrested and given no bail. the fairy tale is over for the scammer who lost a lot of peoples money. He has been remanded to Bahama prison. (One of the 5 worst in the world)

He will possibly get life in prison.

Crypto is being withdrawn from world exchanges at a rapid rate, this ponzi scheme is collapsing, we are talking Trillions of dollars.

Expect a lot more Crypto casualties moving forward.

The snowball continues to roll down the mountain getting bigger....

Or perhaps its an opportunity for governments to have further control, it was cryptocurrencies that kept the Canadian trucking protestors able to feed there families when Trudeau cut access to there bank accounts

That crook Backman Fried is going to be an excuse for more regulation and control over the slaves.

https://youtube.com/shorts/d3uFq1k5ub8?feature=share

[chook]

BIG trouble in US Banking right now..

Silvergate down over 90% and is now bankrupt last few days..

Now we have:

SILICON VALLY BANK DOWN 60% TODAY
$SIVB FIRST REPULIC BANK IS DOWN 31% TODAY
$FRC SIGNATURE BANK IS DOWN 21% TODAY
SBNY ALL 3 BANK STOCKS ARE CURRENTLY HALTED THESE 3 BANKS COMBINED HAVE NEARLY $500 BILLION DOLLARS IN DEPOSITS

Is this the beginning of Lehman meltdown moment number 2?

Hold on tight!

[Jeffa]

BIG trouble in US Banking right now..

Silvergate down over 90% and is now bankrupt last few days..

Now we have:

SILICON VALLY BANK DOWN 60% TODAY
$SIVB FIRST REPULIC BANK IS DOWN 31% TODAY
$FRC SIGNATURE BANK IS DOWN 21% TODAY
SBNY ALL 3 BANK STOCKS ARE CURRENTLY HALTED THESE 3 BANKS COMBINED HAVE NEARLY $500 BILLION DOLLARS IN DEPOSITS

Is this the beginning of Lehman meltdown moment number 2?

Hold on tight!

Is that link correct? SIVB down 85% in one day? Wtf
Biggest bank collapse since the global financial crisis in 08, something was bound to break with J Powell going crazy over tightening interest rates.

[Frezzinghot]

Where’s the popcorn

[donna]

^^ SVB is done - it’s an investment bank

[chook]

Is that link correct? SIVB down 85% in one day? Wtf
Biggest bank collapse since the global financial crisis in 08, something was bound to break with J Powell going crazy over tightening interest rates.

Yes $500 Billion gone combined in the banks in last 48 hours

2 Trillion gone in crypto & stocks in last 48 hrs

Remember..This thing is going down and its going down big!

[chook]

Is that link correct? SIVB down 85% in one day? Wtf
Biggest bank collapse since the global financial crisis in 08, something was bound to break with J Powell going crazy over tightening interest rates.

Big big problems now for Powell and co, do they keep tightening or now print?

We all new this was going to happen, was never going to be any escape, anywhere to run from printing to oblivion since 2008..

Few understand this (thks michael Gayad ha ha)

[chook]

Big big problems now for Powell and co, do they keep tightening or now print?

We all new this was going to happen, was never going to be any escape, anywhere to run from printing to oblivion since 2008..

Few understand this (thks michael Gayad ha ha)

Whatever they do they are screwed.. they will try as a last gasp to print themselves out of this as that is what they have always done.. but this time will be different..

If you think everything will come up smelling of roses you are delusional..

Are you prepared.. ARE YOU?

[chook]

This made me laugh, good to keep a sense of humour in these times.

[chook]

OH S*#T!!

Now Money is mysteriously disappearing from customers accounts at Wells Fargo..

They are calling it a 'technical glitch' .. stay calm everyone..

[Frezzinghot]

OH S*#T!!

Now Money is mysteriously disappearing from customers accounts at Wells Fargo..

They are calling it a 'technical glitch' .. stay calm everyone..

This will obviously impact NZ, but will we handle a hyper-inflation period? Our wages are piss poor. There goes middle class!

[Perry]

Our wages are piss poor. There goes middle class!

NZ still has one? I must've missed something, somewhere along the line. I had the notion that all we had left was:
* the gummint dependants;
* the struggling;
* the gummint employees;
* the rich.

[Perry]

SVB is done - it’s an investment bank

The gossip I've heard goes something like . . .
They were all warned:
Go woke - go broke.

[crashy]

Bank runs across California.
Mainly at First Republic

[crashy]

This will spread faster than covid in 2020. The WEF are engineering the great reset. Most of the WEF members are in banking and fund management