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    #61
    Originally posted by man down View Post

    Lol you should know better. We own zero apple products.

    Listen this all plays a role. Hyperflation is a thing. Do you think inflation will drop as we print more funds for banks?
    Blue - If you own Samsung products, same. Those aren't produced in US either.

    Red - That won't happen under this current Fed.

    Yellow - Inflation will drop when the Fed curbs demand to a level that is cool enough for the economy which is usually 2%.

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      #62
      Originally posted by siablo14 View Post

      No. There is a limit to the amount that is insured per account. 250,000 dollars per depositor.
      That's the rule, although just today they apparently lifted the cap completely for SVB depositors.

      In a , the US Treasury, Federal Reserve Board, and the Financial Deposit Insurance Corporation announced they would "fully protect" all depositors who had funds in Silicon Valley Bank, just days after regulators took control of the institution.​

      "After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary (Janet) Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors," the Sunday evening said.

      "Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer."


      But, why are you posting this, quoting that meme? Did you mean to quote man down?

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        #63
        You can't make this **** up! Woke crap strikes again.

        Comment


          #64
          Originally posted by siablo14 View Post

          Blue - If you own Samsung products, same. Those aren't produced in US either.

          Red - That won't happen under this current Fed.

          Yellow - Inflation will drop when the Fed curbs demand to a level that is cool enough for the economy which is usually 2%.
          You know, I try to add links from the fed and people that are much smarter than I. But yet you still can't see it.

          Maybe the "inflation reduction act" will work. Lol it just failed the first test. Soooo here we go printing more money. I'm sure that inflation reduction act will help lol.

          Comment


            #65
            Originally posted by siablo14 View Post

            If you allowed Russia to batter and bruise your allies(Europe), America would be weaker when it comes to tackling China and Russia. So backing Ukraine was a prevention is better than cure move.
            Huh? Ukraine isn't part of NATO and I was told Russia can't do **** because they are out of weapons and men. They're broke and their economy will collapse. So explain to me how Russia is a threat to anyone.

            What you've done is support a country for BS reasons that ended up hurting everyone else with sanctions. You also supported bringing countries that hated each other together.

            The writing is on the wall and you act like you need a decoder ring to see it all.

            Don't worry I argue with people daily that tell me everything is great while not knowing what two negative quarters of GDP means. People are clueless.

            Comment


              #66
              Originally posted by jaded View Post

              That's the rule, although just today they apparently lifted the cap completely for SVB depositors.





              But, why are you posting this, quoting that meme? Did you mean to quote man down?
              I guess that's to prevent a domino effect which may affect other banks?

              The reply was to gnaw at Musk.

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                #67
                Originally posted by man down View Post

                You know, I try to add links from the fed and people that are much smarter than I. But yet you still can't see it.

                Maybe the "inflation reduction act" will work. Lol it just failed the first test. Soooo here we go printing more money. I'm sure that inflation reduction act will help lol.
                Not the act. The Fed will keep raising rates if inflation isn't tamed so I don't expect hyperinflation to occur. That's what the Fed focuses on inflation(prices) and employment level. They try to balance both.

                Where do you see it that they are printing more money currently?

                Comment


                  #68
                  Originally posted by man down View Post

                  Huh? Ukraine isn't part of NATO and I was told Russia can't do **** because they are out of weapons and men. They're broke and their economy will collapse. So explain to me how Russia is a threat to anyone.

                  What you've done is support a country for BS reasons that ended up hurting everyone else with sanctions. You also supported bringing countries that hated each other together.

                  The writing is on the wall and you act like you need a decoder ring to see it all.

                  Don't worry I argue with people daily that tell me everything is great while not knowing what two negative quarters of GDP means. People are clueless.
                  Red - The thinking was if Russia was allowed to take Ukraine that would encourage them to go after more countries. As I said prevention is better than cure is the thinking.

                  Green - That wasn't the thinking before the invasion. Russia was thought to be powerful.

                  Yellow - Russia has to be sanctioned for invading Ukraine. If not they would think it was okay.

                  Purple - Fed just gotta get inflation under control and then regular-degular Americans will go back to get credit cards to buy products manufactured in other nations.

                  That's the cycle, man. Let Americans access credit. They use the credit to buy the latest in thing that marketers say is a must have. Those Americans feel special and great because they have the latest in thing. The money those Americans spend goes to buy oil(Arab nations prosper and enjoy great times) and products(China smiles and provides jobs for their no-life ****** and smile and post great growth levels) and everything is fine in the world. That's the Cumbaya mode until war or disease throws us off track again. So Americans being able to borrow or getting stimulus money is what is driving the global growth rate, right?

                  Comment


                    #69
                    And another one, makes 3.

                    Comment


                      #70
                      Originally posted by siablo14 View Post

                      Not the act. The Fed will keep raising rates if inflation isn't tamed so I don't expect hyperinflation to occur. That's what the Fed focuses on inflation(prices) and employment level. They try to balance both.

                      Where do you see it that they are printing more money currently?
                      You were saying?

                      Comment

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