That's hilarious, jumps out of a dentist's chair mid-procedure to go and try and rescue his boss's money!
Financial crash thread (2022-2024)
- Thread starter Galaxy_Traveler
- Start date
Good comment: the Fed has boxed itself in - high inflation or financial stability. Choose one. Money printer is warming up again:
If the Fed signals they will let regional banks fail, then people will move their money to the Systemically Important Banks (SIBs), which are designated TBTF. Big guys will gobble up the productive loose ends. This is a bum deal for good customers of smaller banks, as the big guys treat small business poorly and are even more inclined to DEI/ESG stuff (even if they are less noisy about it than some of these goofy smaller banks). Some folks believe it is a setup to introduce CBDC, as more money will centralize in the SIBs. I hope this doesn't come to pass.
If the Fed signals they will let regional banks fail, then people will move their money to the Systemically Important Banks (SIBs), which are designated TBTF. Big guys will gobble up the productive loose ends. This is a bum deal for good customers of smaller banks, as the big guys treat small business poorly and are even more inclined to DEI/ESG stuff (even if they are less noisy about it than some of these goofy smaller banks). Some folks believe it is a setup to introduce CBDC, as more money will centralize in the SIBs. I hope this doesn't come to pass.
This is just yet another reminder to get into hard assets and safe havens (gold, silver, bitcoin, hard currency, land, beans & bullets, etc.) and for 'cash equivalents', move into Money Markets, or more preferably short-dated Treasuries (cut out the middleman and go ahead with a Treasury Direct account).
Don't be a normie with a pile of cash sitting in their bank account. Also avoid CDs as they are a promise to keep funds at the bank (all in the name...Certificate of Deposit).
Don't be a normie with a pile of cash sitting in their bank account. Also avoid CDs as they are a promise to keep funds at the bank (all in the name...Certificate of Deposit).
With what is happening to our economy, and with the proposals being made on the LARGEST AND DUMBEST TAX INCREASE IN THE HISTORY OF THE USA, TIMES FIVE, JOE BIDEN WILL GO DOWN AS THE HERBERT HOOVER OF THE MODRRN AGE. WE WILL HAVE A GREAT DEPRESSION FAR BIGGER AND MORE POWERFUL THAN THAT OF 1929. AS PROOF, THE BANKS ARE ALREADY STARTING TO COLLAPSE!!!
https://truthsocial.com/@realDonaldTrump/posts/110010342902760637
https://truthsocial.com/@realDonaldTrump/posts/110010342902760637
This made my day
Clown world is going to party, fornicate and debouch on, while the world is burning.
Credit Suisse shares fall to all-time low as bank announces it has found 'material weakness' - just hours after Wall Street expert predicted that it would be the next to fall after SVB
- Robert Kiyosaki claimed yesterday that Credit Suisse would be 'next' to fold
- Kiyosaki is a metals investor who predicted the 2008 Lehman Bros crash
- Today, Credit Suisse reported an $8billion loss in 2022 and 'material weakness'
Credit Suisse shares fall as bank admits 'material weaknesses'
Credit Suisse shares fell by 5 percent in early trading on Tuesday to an all-time low, hours after the bank revealed it had found 'material weaknesses' and recorded an $8billion loss in its 2022 annual report.
Credit Suisse shares fall to all-time low as bank announces it has found 'material weakness' - just hours after Wall Street expert predicted that it would be the next to fall after SVB
- Robert Kiyosaki claimed yesterday that Credit Suisse would be 'next' to fold
- Kiyosaki is a metals investor who predicted the 2008 Lehman Bros crash
- Today, Credit Suisse reported an $8billion loss in 2022 and 'material weakness'
Credit Suisse shares fall as bank admits 'material weaknesses'
Credit Suisse shares fell by 5 percent in early trading on Tuesday to an all-time low, hours after the bank revealed it had found 'material weaknesses' and recorded an $8billion loss in its 2022 annual report.www.dailymail.co.uk
This bank was quietly bailed out by an alien entity in late 2022 -
Fed Swaps $9 Billion to Swiss National Bank, Bail Out For Credit Suisse?
The Federal Reserve Banks have extended $6.3 billion to the Swiss National Bank through the Dollar Liquidity Swap line. That's
www.trustnodes.com
This was kept very quiet, as they needed to focus attention at the time on their Liz Truss Brexit disaster manipulation.
The cost of insuring CS bonds has risen to their highest levels ever -
Credit Suisse Default Swaps Hit Record as SVB Failure Hits Banks
(Bloomberg) -- The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader contagion in the banking industry.Most Read from BloombergBonds Soar, Stocks Gain as Fed Pause Weighed...
The bank is fried and needs a bailout.
It's Bankman-Fried.This bank was quietly bailed out by an alien entity in late 2022 -
Fed Swaps $9 Billion to Swiss National Bank, Bail Out For Credit Suisse?
The Federal Reserve Banks have extended $6.3 billion to the Swiss National Bank through the Dollar Liquidity Swap line. That's
This was kept very quiet, as they needed to focus attention at the time on their Liz Truss Brexit disaster manipulation.
The cost of insuring CS bonds has risen to their highest levels ever -
Credit Suisse Default Swaps Hit Record as SVB Failure Hits Banks
(Bloomberg) -- The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader contagion in the banking industry.Most Read from BloombergBonds Soar, Stocks Gain as Fed Pause Weighed...finance.yahoo.com
The bank is fried and needs a bailout.
Third largest bank failure in history, but so what? They had their ESG strategy down and most importantly, using correct pronouns:
nypost.com
Signature Bank boss Scott Shay led seminar on gender-neutral pronouns like ‘Ze’ and ‘Hir’
Signature Bank of New York chairman Scott Shay and Finn Brigham are seen in the video delivering a lecture titled “Know Your Pronouns.”
nypost.com
This is very good news. Many of us wonder why these bizarre social changes have occurred so quickly and so completely. But, many of us have also observed that these social things, black, women, and homosexual months, as well as the rest of the griff from preferential hiring to positive media portrayals etc, are a function of loose credit. In short, feminism comes about when money is very loose or free. For the last 40 years, we've had a very dovish monetary policy with the late 70s being an exception. Now that rates are going up the money is no longer loose or as free as it was. Thus, it's harder to fund otherwise unproductive and useless projects, such as DE&I initiatives or, for that matter, preferential hiring practices, which ensure you're not going to get the best person for the job.
This is the sort of thing I'd expect to see as we move out of a free money monetary system into a finite monetary policy paradigm. Capital will become sane and consistent with normal market forces - this demands positive ROI off of an investment. None of the "progressive" agenda generates positive ROI, in fact, it results in the opposite.
At the center of all this are interest rates. When you have perpetually low-interest rates it engenders an environment where, in effect, money seems to be free. It's not, but at 2% 30-year mortgages...in economic terms it more or less is. Matter of fact not too long ago adjusted for inflation, we were in a state of negative interest rates. This is unsustainable as we are now seeing. This bill is coming due. In order for morons like the ones above to turn on the diversity griff will require low rates as before. That's not going to happen. However, it may happen in the near term due to arbitrary actions by the fed. In other words, they still have some tricks up their sleeve at least in the immediate to near term. What those are I don't know. But, presumably, it will be a function of remaindered capital "energy" or inertia left over from the previous cycle, which just ended.
Structurally there is no going back. Free money is impossible as it seems. It took some trickery and exploitation in order to engender that condition in the West, namely the US. This was accomplished by way of the Petro-dollar/reserve currency status. Indeed, the dollar retains that title for the moment, but, that's not the whole picture. The actualization of the benefits of reserve currency, vis-a-vis our previous economy and standard of living, leveraged the Petro-dollar, which created an inelastic demand for US Dollars. The reason; you must buy hydrocarbons (oil) therefore you must buy dollars first in order to buy oil. The process is the same if you want to sell oil. This paradigm extracted wealth from the participating nations (hitherto the whole planet), which is how we got abnormally low-interest rates. Inelastic means there is constant demand no matter what the price or rate may be.
But a sizable portion of that once singular market has now transitioned away from trading in the dollar. A growing percentage of global transactions are now being cleared in non-dollar currencies and assets. This will, therefore, reduce the ability of the US and the West to reduce rates on a whim and to very low levels. The debt must be priced according to true market forces and not a contrived scheme, which was the Petro-dollar system. So, there's no going back.
It will have to be seen. You can see the swathe of DEI etc. layoffs that have been occurring over the last 15 months of what they were calling in The White House the Biden boom. But as it stands Western countries (in particular the US) are still drenched in leftism. There are stats on the extent that institutions are manned by leftists administrators. Even the US military administrators are 90%+ Democrat. Many key corporations are towards, if now 100% Democrat (when rounded). There has been a generation that has been going through increasingly extreme leftist indoctrination. There is a population teaming with malicious envy and a whole host of soy-based ailments.
There are a number of things that are in the air and don't add up:
1) the agenda 2030/WEF, which wants to dramatically reduce living standards, decrease/end property rights etc.
2) maintaining political control
3) maintaining the economy - seems the mean desire is to keep it around the same level, while making more people useless
4) filling the workplace with more useless people, hysteria etc., chasing the leaders, the makers out of any position
5) reducing inflation
6) reducing rates
The institutions are far to full of leftists for this to just roll over, and they are older leftists. What's it going to be like when they fill up with pangender furries. They can't allow any overtly right-wing people, idea in there, because they and their agendas are unnatural and terminal.
Rates have to go back down to real zero/negative. Though they have a lot to gain in disenfranchising people by keeping rates and inflation higher. That seems to me to be peak 2030/WEF.
If you read WEF and other related materials, you will see they want to build radical leftists positions into the cashless society, so you won't be allowed to engage without political assent.
I don't see society going anywhere further than further left, even if a few gargoyles are falling of the temple of Sodom.
The only thing I currently see being possible is some sort of Musk+ seizing of certain things. Then there are things that could be done politically to break up leftism in institutions. But consider that doing that is going to be literally Hitler. They'd need some event to make it easier, and I think that is some time away. Things like fallout from the trans and pedo agendas. And really, the route to change in the West is via other countries dumping the dollar...
I've been saying that last year the globalist-sodomitical empire clearly reached a high watermark globally, while it continues to grow in its colonies. See the Bukele interview with Tucker Carlson for on the ground insights from a head of state. Where is the money going to come from to keep it's outer provinces like Serbia, Georgia, Armenia and Zambia in line?
Here comes the new narrative...
I disagree, all ideological totalitarian regimes had lots of plans for the future. And there's always an impression of total conformity, which is a feature of oppressive societies. Of course, there are a lot of buy-ins, for the moment if you don't conform you lose your livelihood. Things change and they're changing right now. Pedophilia is where the watermark crests and then will recede, precipitously. That's separate from the monetary situation. Because it is so odious, repugnant, and obviously evil it will force a decision that every living sentient human on the face of the Earth will have to answer - do I support or not support pedophilia?
I agree they're in power etc, but, you must look at what leftism has resulted in. Remember the Bible "by thy fruits", apropos, ask yourself, now that the leftist agenda has come to fruition, what are the results? Answer pedophilia; the worst of all sins. Also, it is the most obviously worst of all sins. If leftism results in the worst of all sins then it is not only worthless but must be eradicated from humanity. And it will be "by any means necessary". The furry, soy types - this is a function of mass marketing more than anything else. It doesn't sell and as capital dries up so will the funding for these otherwise unprofitable agendas. I know you were in Hollywood; you must know they can only produce under or even nominally performing films for so long. They're at the end of their rope. And this "let's insult our fans" strategy has been going on for some time. Look at the recent oscars, no one cared. Plus, and once again, there will be no trough of free money to dip into to sure-up the balance sheets. The propaganda is dissolving. If there seem to be more of these people it's because it's a fad and fads are fickle and don't last. When you become connected to pedophilia, which all these groups are - no one is going to want to "identify" this way. Under ordinary conditions, people don't want to be homosexual or "trans" or any of that. It's the same thing as saying would you rather be morbidly obese or 5% body fat? Yes, there are plenty of fat-acceptance people on tic tok, but, that's a function of mass hysteria. Deep down everyone wants to be thin and fit vs. fat and immobile or undesirable.
I think what you're missing is we're living in the moment when the Khmer Rouge was at large or the height of the gulags or the cultural revolution in China. socialism always results in failure and atrocity. Both of those things are happening now. Systematic failure is happening and atrocity occurring is the sexualization of children. It's hard to see because we all expect the atrocity to be genocide. But this is the American iteration of socialism, so, the kind of atrocity we're witnessing is different and, therefore, unexpected. The good news is that many times the atrocity peaks sometimes decades before the collapse. Today, the atrocity is happening as the collapse happens.
They can call you an ist, ism or phobe, but you can now call them a pedophile and that trumps them all.
