Relax, all banks to be saved

[wakosama]

and another not so nice opinion...

Collapse of Silicon Valley Bank a good thing as bank serviced tyrannical tech and pharmaceutical industries run by people who support censorship and "woke" policies

The aftermath of the implosion of Silicon Valley Bank (SVB), the country's premier financial institution for Silicon Valley tech startups for the past four decades, is creating chaos for several corrupt industries, most notably biotechnology-pharmaceuticals and technology. The biggest bankin

www.naturalnews.com

 

[TAZ]

I think there is a lot of confusion about this. There is a very high probability that all of the depositors will be repaid from the banks assets. People are getting worked up about nothing.

Confused. If the bank had sufficient assets to cover it’s liabilities then why did it go belly up??


Sent from my iPhone using Tapatalk

 

[Havok1]

Confused. If the bank had sufficient assets to cover it’s liabilities then why did it go belly up??


Sent from my iPhone using Tapatalk

Liquidity.

 

[wakosama]

 

[wakosama]

Man Survives Bank Failure Crisis By Not Having Any Money In The First Place

HAZELWOOD, TN — Many Americans are growing worried over the looming financial crisis as banks continue to close down due to lack of funds, a dilemma that kicked off over the weekend with a run on Silicon Valley Bank.

babylonbee.com

 

[wiredgeorge]

So the $250K limit for FDIC insured funds is going to be lifted for this special bank? Hmmmm who pays anyway? (rhetorical/sarcastic)

Tucker Carlson Mocks Failed Woke Bank, Check Out Their Weird Dance Party

Woke Ideologies are Destroying Our Economy It’s no surprise that the world’s economy has been in a tailspin since the pandemic hit. But a closer look at the financial sector reveals an even more disturbing trend: the rise of woke ideologies in the banking industry. Recently, Fox News host Tucker...

libertyonenews.com

 

[wakosama]

Your Money Is Their Money (Part 1)

The financial arm of the plandemic octopus and the coming engineered collapse.

thegoodcitizen.substack.com

 

[gll]

Well, gold is making a move up today, presumably related to these bank failures and the market drop...

 

[msharley]

Well, gold is making a move up today, presumably related to these bank failures and the market drop...

Like most here?

Am heavily invested in precious metals.

Brass. Copper. Lead......

 

[MountainGirl]

Your Money Is Their Money (Part 1)

The financial arm of the plandemic octopus and the coming engineered collapse.

thegoodcitizen.substack.com

That ^^ is excellent.

Be sure and catch the vid about 3/4 the way down on the CBDC

This was found in there too, near the bottom - FedNow. It starts this July.
Might wanna pay attention to this one...

Fedcoin—the Federal Reserve’s CBDC went live for trials late last year. Biden signed an executive order last March to unleash this financial hell on Americans as part of the Great Financial Reset. FedNow, an instant settlements program for transfers (Not a CBDC) is also on the way. Phase one of the rollout of FedNow will be this summer.

Once all institutions are onboarded into the FedNow system, the dollar collapse will accelerate both as a global reserve currency, and a source of legal tender by rendering it worthless through hyperinflation. When desperation and panic are at an apex, they will unleash the ultimate set of financial chains on the American people.

https://gregreese.substack.com/p/fe...bstack&utm_campaign=post_embed&utm_medium=web

 

[Havok1]

So the $250K limit for FDIC insured funds is going to be lifted for this special bank? Hmmmm who pays anyway? (rhetorical/sarcastic)

Tucker Carlson Mocks Failed Woke Bank, Check Out Their Weird Dance Party

Woke Ideologies are Destroying Our Economy It’s no surprise that the world’s economy has been in a tailspin since the pandemic hit. But a closer look at the financial sector reveals an even more disturbing trend: the rise of woke ideologies in the banking industry. Recently, Fox News host Tucker...

libertyonenews.com

No. The reason everyone is getting all of their money back is because the banks assets are enough to cover all depositors. I’m a little bit concnerned about the people who think everyone should just get $250k max back. Not sure what they think should be done with the 90% of the money that would remain.

 

[wakosama]

not just me...

Recession fears rise: More than half of Americans say they'd lose everything

More than half of Americans fear a recession is coming in 2023. Here’s how to manage your finances in any economy.

www.foxbusiness.com

 

[TheDan]

Confused. If the bank had sufficient assets to cover it’s liabilities then why did it go belly up??

Because they don't have real assets. Their "assets" are debt, and when the debt they own is from a couple years ago when the yield was only 2%, it's worth less now that inflation and interest rates are higher. They can't sell their "assets" for enough to cover deposits.

...but don't worry. The Fed has rolled out a program to loan cash to banks who need it at the face value of their "assets" regardless of the actual value on the open market. I'm sure that's not going to be inflationary at all.

 

[wakosama]

Dancing With The CBDC Devil

Your Money Is Their Money (Part 2)

thegoodcitizen.substack.com

 

[Havok1]

Because they don't have real assets. Their "assets" are debt, and when the debt they own is from a couple years ago when the yield was only 2%, it's worth less now that inflation and interest rates are higher. They can't sell their "assets" for enough to cover deposits.

...but don't worry. The Fed has rolled out a program to loan cash to banks who need it at the face value of their "assets" regardless of the actual value on the open market. I'm sure that's not going to be inflationary at all.

Yes they can, and that is what is being done.

 

[wakosama]

9 Things More Trustworthy Than A Bank

Oh no! Silicon Valley Bank imploded on itself, dealing a significant blow to our economy! If only those dumb rich people were smart enough to stop putting their money in a bank.

babylonbee.com

 

[IXLR8]

If it bleeds we can kill it.

Seriously WTF. Everyone knows that their deposits are guaranteed to $250,000. You should have stored your assets according to the government. So sorry you couldn’t find the rules.

 

[kbaxter60]

Look for Dems to claim digital currency must be implemented................

A conspiracy theory now; reality in six months.
Yellen is pathetic. When I hear her using her Baghdad Bob voice, telling us banking is Sound, I feel like I should be yanking every cent out now.

 

[Texan79423]

No problem we can fix anything

 

[benenglish]

No problem we can fix anything View attachment 379165

Interesting story, there. They didn't have to run that whorehouse. They could have deemed it a perishable asset and sold it the same day they took it over. They didn't do that and they should have. Now that incident will forever be cited as a great example of government incompetence...which is exactly what it was.