RiotAct Posted March 10, 2023 Posted March 10, 2023 hopefully I can afford some Alpo dog food in my old age the way my 401k’s going.
Tenhigh Posted March 10, 2023 Posted March 10, 2023 Everyone knows that runs on banks only happen in the absolute best economies. https://www.cnbc.com/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html Weird day to bump this thread, Billsy. 2
BillStime Posted March 10, 2023 Author Posted March 10, 2023 5 hours ago, AlBUNDY4TDS said: paycheck grows exponentially under bidens "economy" Always someone else's fault when it comes to the party of personal responsibility.
BillStime Posted March 10, 2023 Author Posted March 10, 2023 43 minutes ago, Tenhigh said: Everyone knows that runs on banks only happen in the absolute best economies. https://www.cnbc.com/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html Weird day to bump this thread, Billsy. Please, Tenhigh - tell us how Bidens policies impacted this bank.... and how the CEO stated their bank was fine and then the c-suite sold their stock just before the collapse? 1
Niagara Bill Posted March 10, 2023 Posted March 10, 2023 I have never seen a topic headline so wrong since 1969. The word misleading does not even half way describe how inaccurate this is. Last night I lasted twice as long as the night before and my girl friend still is not happy.😴
AlBUNDY4TDS Posted March 10, 2023 Posted March 10, 2023 48 minutes ago, BillStime said: Always someone else's fault when it comes to the party of personal responsibility. You can cut and paste, color me surprised. I am not surprised that you missed some stuff, par for the course whem you're the lowest level of troll. 2
L Ron Burgundy Posted March 11, 2023 Posted March 11, 2023 1 hour ago, AlBUNDY4TDS said: You can cut and paste, color me surprised. I am not surprised that you missed some stuff, par for the course whem you're the lowest level of troll. Him riling up all you Karen's consistently would actually make him the highest level of troll. 1
Tenhigh Posted March 11, 2023 Posted March 11, 2023 2 hours ago, BillStime said: Please, Tenhigh - tell us how Bidens policies impacted this bank.... and how the CEO stated their bank was fine and then the c-suite sold their stock just before the collapse? First, YOU claim Biden is presiding over a great economy by bragging about a jobs report, and then have the gall on the same day to let him off the hook when a @#$%ing bank collapses? You can't have it both ways, kid. But even so, Biden's intial refusal to admit to inflation and his later inability to fix it is what caused SVB to fail, directly. Second, regardless of stock sales, no CEO of any company, especially a financial company, has ever claimed their company was in trouble. If you are in a bank it's a sure way to START a run. 1
Tenhigh Posted March 11, 2023 Posted March 11, 2023 34 minutes ago, L Ron Burgundy said: Him riling up all you Karen's consistently would actually make him the highest level of troll. He's less of a troll and more of a speed bump on the "intelligent discussion highway." 1 1 1
BillStime Posted March 11, 2023 Author Posted March 11, 2023 16 minutes ago, Tenhigh said: First, YOU claim Biden is presiding over a great economy by bragging about a jobs report, and then have the gall on the same day to let him off the hook when a @#$%ing bank collapses? You can't have it both ways, kid. But even so, Biden's intial refusal to admit to inflation and his later inability to fix it is what caused SVB to fail, directly. Second, regardless of stock sales, no CEO of any company, especially a financial company, has ever claimed their company was in trouble. If you are in a bank it's a sure way to START a run. Why did the bank collapse?
Tenhigh Posted March 11, 2023 Posted March 11, 2023 3 hours ago, BillStime said: Why did the bank collapse? The Fed raising interest rates to fight inflation. 1
BillStime Posted March 11, 2023 Author Posted March 11, 2023 Just now, Tenhigh said: The Fed raising interest rates to fight inflation. Yeah. No - that’s not why. Try again
Tenhigh Posted March 11, 2023 Posted March 11, 2023 1 minute ago, BillStime said: Yeah. No - that’s not why. Try again https://www.reuters.com/business/finance/what-caused-silicon-valley-banks-failure-2023-03-10/ SVB Financial Group Inc's (SIVB.O) shutdown and takeover by banking regulators on Friday can be traced to the U.S. Federal Reserve raising interest rates and souring the risk appetite of investors. 1
Big Blitz Posted March 11, 2023 Posted March 11, 2023 7 minutes ago, BillStime said: Lol completely delusional. Everything is Trump’s fault. 1
BillStime Posted March 11, 2023 Author Posted March 11, 2023 Just now, Big Blitz said: Lol completely delusional. Everything is Trump’s fault. 100%
Big Blitz Posted March 11, 2023 Posted March 11, 2023 Everything is due to the CCP Covid flu that Democrats used to get rid of Trump: The episode is the latest fallout from the Federal Reserve’s actions to stem inflation with its most aggressive rate hiking campaign in four decades. The ramifications could be far-reaching, with concerns that startups may be unable to pay employees in coming days, venture investors may struggle to raise funds, and an already-battered sector could face a deeper malaise. The roots of SVB’s collapse stem from dislocations spurred by higher rates. As startup clients withdrew deposits to keep their companies afloat in a chilly environment for IPOs and private fundraising, SVB found itself short on capital. It had been forced to sell all of its available-for-sale bonds at a $1.8 billion loss, the bank said late Wednesday. https://www.cnbc.com/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html But keep quoting losers with Ukrainian flags in their PFPs 1
Buffarukus Posted March 11, 2023 Posted March 11, 2023 8 hours ago, L Ron Burgundy said: Him riling up all you Karen's consistently would actually make him the highest level of troll. you speak as if its a good thing. he overtakes any reasonable democrat conversation that could be had and comes off as a absolute fool. im sure there a plenty of lurkers coming in and read his nonsense and reconsidering any position in that direction. here is your "highest level troll" award. keep up the good work.
OrangeBills Posted March 11, 2023 Posted March 11, 2023 7 hours ago, BillStime said: Yeah. No - that’s not why. Try again I am sorry I opened this (again), but you are so wrong its very telling.
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