Nicholas Posted March 12, 2023 Share Posted March 12, 2023 17 hours ago, Ridgerunner said: You are dreaming. Yesterday the second largest bank failure in the history of the U.S. took place. The banking industry in the U.S. is holding a lot of low yield U.S. Treasury securities that they were pressured into buying by the Biden Administration in order to finance the government's big spending programs. As interest rates increase those government securities lose value because of their low yields, so banks must either sell the securities at a loss to raise cash or hold them and watch their values decline. But if the government discontinues it's policy of raising interest rates, inflation will continue and maybe worsen; so the banks and the U..S. economy are caught in a damn if you do and damn if you don't situation. If the government raises interest rates, existing U.S, bonds lose value; and if the government does nothing about interest rates or lowers them inflation will continue and maybe worsen. Reckless monetary policy by the government has set up an unstable house of cards, and I fear the economic and social consequences of those policies will not be pretty when that house collapses. Not much sense in trying to explain anything to anyone who is an obviously indoctrinated brainwashed ignorant socialist/marxist/communist ideological worthless excuse of humanity who claims to be a so called social democrat but peddles and promotes idelogies that are more in lined with socialist/marxist/ communist ideologies than anything else. That is exactly why there is actually no such thing as a so called social democrat. 1 Link to comment Share on other sites More sharing options...
SPYING 1 Posted March 12, 2023 Share Posted March 12, 2023 5 hours ago, StarLight28 said: Das ist eine von vielen möglichen Szenarien. In Deutschland ist schon lange keine Bank pleite gegangen, bei vergleichbaren Verhältnissen. Quick Share LINKSHARING.SAMSUNGCLOUD.COM 1 file (45 KB) is that you Link to comment Share on other sites More sharing options...
Ridgerunner Posted March 12, 2023 Share Posted March 12, 2023 5 hours ago, StarLight28 said: This is one of many possible scenarios. In Germany, no bank has gone bankrupt for a long time, under comparable circumstances. If you don't believe we have a big financial problem with the failure of Silicon Valley Bank read the Washington Post story posted March 11 on MSN entitled, "Bailout talk roils Washington after Silicon Valley Bank's collapse." Link to comment Share on other sites More sharing options...
pulo filipe Posted March 12, 2023 Share Posted March 12, 2023 While Silicon Valley Bank collapsed, top executive pushed 'woke'... NYPOST.COM "These banks are badly run because everybody is focused on diversity and all of the woke... The beginning of chaos plus another bank close Link to comment Share on other sites More sharing options...
pulo filipe Posted March 12, 2023 Share Posted March 12, 2023 China becomes the broker while Joe Biden is still the joker NYPOST.COM Friday’s biggest headline-grabbing news was the bust of Silicon Valley Bank, however... Link to comment Share on other sites More sharing options...
pulo filipe Posted March 12, 2023 Share Posted March 12, 2023 California's Pajaro River breaches overnight, residents urged to evacuate - ABC News ABCNEWS.GO.COM As California faces heavy rainfall and flooding, the Pajaro River levee was breached overnight. Link to comment Share on other sites More sharing options...
StarLight28 Posted March 12, 2023 Share Posted March 12, 2023 47 minutes ago, pulo filipe said: While Silicon Valley Bank collapsed, top executive pushed 'woke'... NYPOST.COM "These banks are badly run because everybody is focused on diversity and all of the woke... The beginning of chaos plus another bank close Das sind haus-gemachte Probleme der US-Bankenwirtschaft. " .......... viele Kunden reduzierten ihre Einlagen" - das heißt viele Kunden hoben ihr Geld an den Schaltern ab, da sie kein Vertrauen mehr in ihre Bank haben und Angst ihr Geld zu verlieren. Und wenn Bankmitarbeiter schon vorher ihre Aktien verkaufen ist das auch nicht positiv für das Vertrauen für diese Bank. In Deutschland gibt es einen "Einlagen-Sicherungs-Fond" dem alle Banken unterliegen oder angehören. Hat eine Bank Probleme, können insbesondere diese vielen "Klein-Anleger" bis € 100.000 sicher sein das Ihnen das Geld bleibt und müssen nicht zur Bank rennen und ihr Geld abheben. Link to comment Share on other sites More sharing options...
Ridgerunner Posted March 12, 2023 Share Posted March 12, 2023 1 hour ago, StarLight28 said: These are home-made problems of the US banking industry. " .......... many customers reduced their deposits" - that means many customers withdraw their money at the counters because they no longer have confidence in their bank and are afraid of losing their money. And if bank employees sell their shares beforehand, that is not positive for the trust in this bank either. In Germany there is a "deposit protection fund" to which all banks are subject or belong. If a bank has problems, especially these many "small investors" up to € 100,000 can be sure that the money will stay with them and do not have to run to the bank and withdraw their money. All deposits in U.S, banks are insured up to $250,000, but most of accounts in this bank were far more than $250,000. 1 Link to comment Share on other sites More sharing options...
Freddie57 Posted March 12, 2023 Share Posted March 12, 2023 6 hours ago, Ridgerunner said: All deposits in U.S, banks are insured up to $250,000, but most of accounts in this bank were far more than $250,000. If a person was bright enough they'd have multiple accounts all $250,000 or less. Having 1 account with millions or even billions it's a big loss when things fail. Socialism for the poor and hard capitalism for the rich. 1 Link to comment Share on other sites More sharing options...
StarLight28 Posted March 12, 2023 Share Posted March 12, 2023 2 hours ago, Freddie57 said: If a person was bright enough they'd have multiple accounts all $250,000 or less. Having 1 account with millions or even billions it's a big loss when things fail. Socialism for the poor and hard capitalism for the rich. "Armer" Kapitalist. 😁 Sollen wir für Dich sammeln ?? 1 Link to comment Share on other sites More sharing options...
Ridgerunner Posted March 12, 2023 Share Posted March 12, 2023 4 hours ago, StarLight28 said: "Poor" capitalist. 😁 Should we collect for you ?? Biden's people and Democrat politicians from California will want the government to bail out those investors. After all, rich tech people are big donors to Democrat politicians. Link to comment Share on other sites More sharing options...
StarLight28 Posted March 13, 2023 Share Posted March 13, 2023 31 minutes ago, Ridgerunner said: Biden's people and Democrat politicians from California will want the government to bail out those investors. After all, rich tech people are big donors to Democrat politicians. Und wer sind Spender der Republikanischen Partei ????? "Arbeiterklasse", wie Trump ?? 😁 Link to comment Share on other sites More sharing options...
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