Panicking is like a pyramid scheme, those who started panicking first are at an advantage, while those who joined later are screwed. No surprise that Peter Thiel is at the top of the pyramid scheme.
Cryptocurrency is not make believe. It is as real as any other currency. It's just that many other currencies are bad investments. Cryptocurrency is here to stay in one form or another though. It's a lot easier to set up a cryptowallet than a bank account, and cryptocurrency allows to rapid payment for services provided online in fields like market research and software sales. Tons of part-time jobs exist because of cryptocurrency. Heck, cryptocurrency even helped develop the COVID vaccine by incentivizing blockchain improvements to calculate protein-folding data.
@@Withnail1969 LOL, but these businesses are often quite "profitable" in the general sense of the term, but they just keep reinvesting their "practical profits" into growth to gain market share, so they don't turn profits in the legal sense of the term for decades.
Back in 2008 : "I was told this is a 2000 but for only real estate , I hope it stays there" . Guess what ? they didn't. Banks are heavily interconnected once it starts going down, hard to control its a chaos system.
@@MatanVil Oh well. San Francisco and Silicon Valley are no longer ideal models of what we want our civilization to be. If San Francisco and Silicon Valley are hit with economic recession, rents will be lower, and lower rents are good.
@@MatanVil This has multiple bubbles to be unpacked, that will keep coming one after the other. We are just seeing the first one in BTC , we have bigger Bears in AI ,semiconductors ,real estate sharping their claws . The entire tech sector is ripe for complete destruction and never to return back, may be few big players could survive. Like how OIl companies disappeared after 1990s cold war ,only to be replaced by microsoft and co.
What happened to SVB is really scary, and goes to show that no corporation, however big, is immune to collapse. I have always had a deep-seated mistrust for corporations. I have plans to pull out most of my money, but don't know what to do with $ 350k sitting idly. I'd like to go into the stock market, maybe. Any ideas?
All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.
Iron-ically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $ 280k in the last 4 months by invest ing through my F A.
My FA, "Deborah sue Bohn'", is a highly qualified and experienced profes sional in the finan-cial market. She possesses a broad understanding of portfoli diversification and is recognized as an expert in this field.
RECAP: Startups deposit money into SVB -> SVB buy 30-yr bonds with deposits -> Startups burn cash due to rising rates, so they withdraw to pay for expenses -> SVB sell 30-yr bonds at a big loss to cover withdrawals. Seems self-contained, for now.
-> Startups can't cover employee payroll -> Employees cover their monthly expenses by liquidating their stock holdings -> Stock market takes a beating There's your knock-on effect. I have no clue whether that causal link would be a drop in the bucket or the catalyst for a major downturn (likely something in between)
@@ANDSENS "self-contained" refers to bank run is not gonna happen to other major banks--SVB serve(d) a niche market (97% of their deposits are over $250K) and SVB was not subject to annual bank stress test implemented post-GFC. 97% of BAC's or JPM's customers did not try to withdraw their deposits at the same time. SVB's did. But yes, great time to load up on BAC under $29.
Every day we have a new problems. It's the new normal. At first we thought it was the bank collapse secondly its crypto dying off , now we know it's a new normal where can we safely invest our money . this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $780,000 savings to turn to dust
Corinne really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
As a scientist who goes by DATA, I stick to what astrologers, the “ actual scientists” have been saying for years re Pluto Ingress into Aquarius and crash of Silicon Valley IN MARCH 2023. As usual, they keep getting it right. Brave for MARCH 23. Plus minus a few days.
Oh no, now how are the tech workers supposed to finance their Teslas? And if they can’t finance their Teslas and Apple products then what if the stocks go down? And if the stocks go down then what if their employers have to lay them off? And if that happens what about house prices? It’s almost like it’s all connected and planned by someone. I just know that this kind of thing didn’t happen when Trump was president, we had honest banks back then. I know who I’ll be voting for
No bailouts. Tech entrepreneurs love telling everyone that they're the best capital allocators. Under no circumstances should tax payer money be used to bailout these companies.
@@NWstockoperator If they could cash out... there was no liquidity on Friday. And unless they cashed out by noon - even then, if the market maker didn't buy them back, it was a loss for the PUT
@@andre-le-bone-aparte no liquidity? There's like 3000+ to sell your buy puts for a huge profit unless you're talking about a contract that expired in one day but that's foolish to do anyway
Why is it legal for the ceo of a bank to take money in the bank that belongs to customers of the bank - without their permission and authorization, and run off with it?
Very few people are connecting the dots here. The fed created the 2008 crisis because they kept mortgage rates to low for to long, and when the fed tried to normalize mortgage rates, everything came apart. The fed is doing the same thing again, but this time it’s with the entire financial system. The fed kept interest rates to low for to long, and now they are trying to normalize and everything’s starting to come apart. The big picture is the fed has once again backed us in a corner. Raise rates to try and save the dollar and that starts a financial collapse of everything that was living on zero interest rates. Or lower rates and inflation runs rampant and the dollar collapses. We are seriously screwed either way, right now this is the beginning of the end either way it goes.
"From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter,.
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
@Mark Lofgren True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
@Mark Lofgren I conducted thorough research on her accreditation and it appears that she is highly proficient in her field. I proceeded to write her a detailed email outlining my financial market goals and have scheduled a call with her to discuss further.
Thank you for sharing; I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes
3-13-23 THIS WAS AN UNFORGIVEABLE KNEE JERK REACTION THAT WAS PREMATURE AND STUPID. THE FEDS SHOULD HAVE STEPPED IN AND PREVENTED THE RUN ON THIS BANK SVB needed to be protected from this run. There was no insolvency. There was no tantamount risk to the SVB banking customers. HOW DARE THE REGULATORS NOT SLOWED THIS RUN TO A HALT WITH REPLACEMENT IN DECENCY AND ORDER.
BANK BAILOUTS INCOMING!!! American people need to hit the streets and protest against banks or any company being bailed out again. If you take risks and don't take the necessary steps to protect your balance sheet you don't get a second chance. Absurd the suggestions that the Government should step in and help here while no one will be providing bailouts for Americans who are forced to leave their homes when job losses start picking up.
I Feel LIKE THE HOLE SEASON IS OVER, I'M TRYING TO GET INTO TRADING AS A ROOKIE, BUT I'VE HAD SO MUCH LOSS TRYING TO TRADE ON MY OWN, PLEASE WHAT STRATEGIES DO I NEED TO EARN PROFITS FROM THE MARKET🤢😢
I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.
I have learned to not trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor, and it has been paying off, and I'm never going back to banks full time.
My advisor is ‘’Eileen Ruth Sparks, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I feel like I’m the guy in the middle of all this world chaos relaxing and watching everyone lose just waiting for my opportunity to come up and snatch that win
In 2022, Silicon Valley Bank began to incur steep losses following increased interest rates and a major downturn in growth in the tech industry, where the bank's liabilities were heavily concentrated. The inflation that President Joe Biden called transitory caused the administration to delay raising rates, then they had to hike the rates high and fast.
This is going to lead to hundreds of thousands of jobs lost, not just in tech. The dominos are going to fall. Best way to profit is to short it. Fark the bankers. CNBC needs to always show Market Cap, not just the current stock price.
This is what happens when people got used to the thought BTC would go to $150k easy but ended up losing everything on that thought and it's full implementation.
Don't panic your company will meet it's payroll by dipping into your pension fund 😉 which is legally a bridge loan, which may or may not be insured by Erisa
Bernanke and Paulson were afraid of a Run on the Banks in 2008. Now the concept of a Big time Run on the Banking Sector Stock seems to be looming? Big Hank Paulson convinced the Bankers to create a flurry of Credit Cards, that saved the Banks for a while...... Now Consumer Credit is at $16 trillion. "Could be Bad." ...............Troy Tsschudi
..Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places
..I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@@perryyoung5249 .This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting
@@JuliaGillard968 please who is the expert guiding you? i have lost so much as a beginner🥺 investing into stock without a proper guidiance of an expert
@@Jonathanlweis Jordan Marsh Bradford’ is the coach that guides me. he’s a verified coach and she helped me see that returns can be made in both bull and bear markets. he covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that
It's just the news that creates panic... I glad I don't have money to lose.... but feel for people if their hard earn money is gone....Any things related to silicon is a fake!!!!!
This is a ZERO problem. It can be solved by giving the 1% a huge massive transfer of wealth along with a massive tax cut. This type of big business socialism very acceptable for the right wing. Any Democrat that votes against a measure that helps save these big banks will be accused of being against business and hurting small businesses and farmers.
So is this the time for Elon Musk to Buy a bank cheap? Some say he wants to Buy a silver mine to secure silver for his Tesla cars. First Twitter then a bank for start ups and a silver mine
“If your going to panic, it’s better to panic early” that’s actually solid advice
Panicking is like a pyramid scheme, those who started panicking first are at an advantage, while those who joined later are screwed. No surprise that Peter Thiel is at the top of the pyramid scheme.
It's not panic if I out the door first 😉
Easy for you to say
Just come from the cash point, made sure I was there before midnight, took out the max per day😉😆🤣😆🤣😆🤣😆🤣😆😅
@@coldestbeer true
I am lending money to companies that will never make a profit, and also lending money for make believe coins. What could go wrong?
Cryptocurrency is not make believe. It is as real as any other currency. It's just that many other currencies are bad investments. Cryptocurrency is here to stay in one form or another though. It's a lot easier to set up a cryptowallet than a bank account, and cryptocurrency allows to rapid payment for services provided online in fields like market research and software sales. Tons of part-time jobs exist because of cryptocurrency. Heck, cryptocurrency even helped develop the COVID vaccine by incentivizing blockchain improvements to calculate protein-folding data.
You don't believe online taxi, food delivery and room rental services are worth hundreds of billions and are the cutting edge of technology?
@@Withnail1969 LOL, but these businesses are often quite "profitable" in the general sense of the term, but they just keep reinvesting their "practical profits" into growth to gain market share, so they don't turn profits in the legal sense of the term for decades.
Back in 2008 : "I was told this is a 2000 but for only real estate , I hope it stays there" . Guess what ? they didn't. Banks are heavily interconnected once it starts going down, hard to control its a chaos system.
We're better off if Silicon Valley Bank goes under
@@astrobullivant5908 We already in the mist of the burst of the Doc Com Bubble 2.0. Silicon Valley and SanFran might be the next Detroit.
@@MatanVil Oh well. San Francisco and Silicon Valley are no longer ideal models of what we want our civilization to be. If San Francisco and Silicon Valley are hit with economic recession, rents will be lower, and lower rents are good.
@@MatanVil This has multiple bubbles to be unpacked, that will keep coming one after the other. We are just seeing the first one in BTC , we have bigger Bears in AI ,semiconductors ,real estate sharping their claws . The entire tech sector is ripe for complete destruction and never to return back, may be few big players could survive. Like how OIl companies disappeared after 1990s cold war ,only to be replaced by microsoft and co.
Buy gold and silver ppl
Jim Cramer said everything was fine hahahahaha. Just like BEAR 😂😂😂😂😂😂😂
He still has a tv show, surprised me.
I love it, it's the Feds fault that they're (finally) tightening. We didn't hear any complaints when the Fed was dishing out zero interest money...
Yup . They basically made it so there is no cushion
Right.. its always someone else's fault for bad management..the Chief of Administration at svb is the same guy who was CFO at Lehman
Jim Cramer “This is what happens when fed raises rates”
Arguably it could be said this is what happens when fed keeps rates at 0 for over a decade
Cramer really is an Idiot !
What happened to SVB is really scary, and goes to show that no corporation, however big, is immune to collapse. I have always had a deep-seated mistrust for corporations. I have plans to pull out most of my money, but don't know what to do with $ 350k sitting idly. I'd like to go into the stock market, maybe. Any ideas?
All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.
Iron-ically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $ 280k in the last 4 months by invest ing through my F A.
Wow. I've heard similar success story from people who work with advisors. How do I get in touch with yours, please?
My FA, "Deborah sue Bohn'", is a highly qualified and experienced profes sional in the finan-cial market. She possesses a broad understanding of portfoli diversification and is recognized as an expert in this field.
Definitely gonna check her out. I live in Switzerland. Any idea if it's still okay to reach out?
RECAP: Startups deposit money into SVB -> SVB buy 30-yr bonds with deposits -> Startups burn cash due to rising rates, so they withdraw to pay for expenses -> SVB sell 30-yr bonds at a big loss to cover withdrawals. Seems self-contained, for now.
'contained' or the canary in the coal mine? If that's happening to small companies, what happens when larger cos start running out of cash?
Some Companies hav $10M on dep with this bank. Gone. All those employees now wont hav jobs (get paid.)
-> Startups can't cover employee payroll -> Employees cover their monthly expenses by liquidating their stock holdings -> Stock market takes a beating
There's your knock-on effect. I have no clue whether that causal link would be a drop in the bucket or the catalyst for a major downturn (likely something in between)
@@ANDSENS "self-contained" refers to bank run is not gonna happen to other major banks--SVB serve(d) a niche market (97% of their deposits are over $250K) and SVB was not subject to annual bank stress test implemented post-GFC. 97% of BAC's or JPM's customers did not try to withdraw their deposits at the same time. SVB's did.
But yes, great time to load up on BAC under $29.
Every day we have a new problems. It's the new normal. At first we thought it was the bank collapse secondly its crypto dying off , now we know it's a new normal where can we safely invest our money . this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $780,000 savings to turn to dust
please how do i find the lady you just mentioned?
Corinne really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
As a scientist who goes by DATA, I stick to what astrologers, the “ actual scientists” have been saying for years re Pluto Ingress into Aquarius and crash of Silicon Valley IN MARCH 2023. As usual, they keep getting it right.
Brave for MARCH 23. Plus minus a few days.
Oh no, now how are the tech workers supposed to finance their Teslas? And if they can’t finance their Teslas and Apple products then what if the stocks go down? And if the stocks go down then what if their employers have to lay them off? And if that happens what about house prices? It’s almost like it’s all connected and planned by someone.
I just know that this kind of thing didn’t happen when Trump was president, we had honest banks back then. I know who I’ll be voting for
Get your money out now
No
Nope
The fact that Cramer is still on the air is just lunacy. Reverse Cramer strikes again.
damn, Becky is smart. She explained it well
You simp
Here's an example of Becky helping out a colleague who was fumfering. Thank you Becky.
There's an unintended consequence of panicking when there is no crisis. It's called creating a crisis.
Well it has to start somehow, some time.
No bailouts. Tech entrepreneurs love telling everyone that they're the best capital allocators. Under no circumstances should tax payer money be used to bailout these companies.
RIP those that had bought PUTS. The Market Makers didn't want to pay out! - The Dealer wins again at the Casino!
Those who bought puts made a fortune. It's crashed
@@NWstockoperator If they could cash out... there was no liquidity on Friday. And unless they cashed out by noon - even then, if the market maker didn't buy them back, it was a loss for the PUT
@@andre-le-bone-aparte no liquidity? There's like 3000+ to sell your buy puts for a huge profit unless you're talking about a contract that expired in one day but that's foolish to do anyway
And you're hero Jim good old Jim said this was undervalued last month How does this guy still even have a job
I always felt the bank was a tad more aggressive than they had actual chips on the table.
Legally they can have one chip and leverage that into 10. 😂 fractional banking
@@rocky6578 Well, they f-ed it up and have now been taken over by California regulators. What will be the next shoe to drop?
Why is it legal for the ceo of a bank to take money in the bank that belongs to customers of the bank - without their permission and authorization, and run off with it?
Very few people are connecting the dots here. The fed created the 2008 crisis because they kept mortgage rates to low for to long, and when the fed tried to normalize mortgage rates, everything came apart. The fed is doing the same thing again, but this time it’s with the entire financial system. The fed kept interest rates to low for to long, and now they are trying to normalize and everything’s starting to come apart.
The big picture is the fed has once again backed us in a corner. Raise rates to try and save the dollar and that starts a financial collapse of everything that was living on zero interest rates. Or lower rates and inflation runs rampant and the dollar collapses. We are seriously screwed either way, right now this is the beginning of the end either way it goes.
if i get my money to a bank, i expect to take it out and give it back whenever i want
Things are breaking
Now what????
The fed needs to reverse course
look like 2008 again!
This will not just affect the banking industry, it affects the housing market, auto loan market, etc.
"From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter,.
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
@Mark Lofgren True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
@Mark Lofgren I conducted thorough research on her accreditation and it appears that she is highly proficient in her field. I proceeded to write her a detailed email outlining my financial market goals and have scheduled a call with her to discuss further.
keep your money home
Thank you for sharing; I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes
3-13-23 THIS WAS AN UNFORGIVEABLE KNEE JERK REACTION THAT WAS PREMATURE AND STUPID. THE FEDS SHOULD HAVE STEPPED IN AND PREVENTED THE RUN ON THIS BANK SVB needed to be protected from this run. There was no insolvency. There was no tantamount risk to the SVB banking customers. HOW DARE THE REGULATORS NOT SLOWED THIS RUN TO A HALT WITH REPLACEMENT IN DECENCY AND ORDER.
Better advice is when they say don't panic, that's when you panic.
Why panic? If you're panicking, you will make mistakes. Just stay calm, access the situation and respond accordingly.
all this fake money is crashing down
next up the larger banks
sends all these people who printed and lended this fake money to prison
Everyone needs to watch the 🎬 "Margin Call". Fiction turns into reality.
Bank run income
BANK BAILOUTS INCOMING!!! American people need to hit the streets and protest against banks or any company being bailed out again. If you take risks and don't take the necessary steps to protect your balance sheet you don't get a second chance. Absurd the suggestions that the Government should step in and help here while no one will be providing bailouts for Americans who are forced to leave their homes when job losses start picking up.
Not this time, they will let them fail and you’ll be banking directly with the fed. CBDC time! 🎉Maybe. Scary times
The Bible says there will come a day where people will throw money and gold in the streets. It will be worthless.
Why doesn't CNBC interview Cramer since he recommended SVB to investors?
What does this mean for us little people and our money in banks or credit unions?
Time to withdraw money from bank and keep in home safe before the contagion starts. Damn...this is like 2008 crisis.
08 the financial crisis again
I Feel LIKE THE HOLE SEASON IS OVER, I'M TRYING TO GET INTO TRADING AS A ROOKIE, BUT I'VE HAD SO MUCH LOSS TRYING TO TRADE ON MY OWN,
PLEASE WHAT STRATEGIES DO I NEED TO EARN PROFITS FROM THE MARKET🤢😢
@Aidan Thornton I'm trading with Mrs fedora_fx_burkina
because of the steady income she makes for
me She has never faltered
I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.
I have learned to not trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor, and it has been paying off, and I'm never going back to banks full time.
This sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.
My advisor is ‘’Eileen Ruth Sparks, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I feel like I’m the guy in the middle of all this world chaos relaxing and watching everyone lose just waiting for my opportunity to come up and snatch that win
Fr. I’m chillin right now. About to smoke a fat blunt
@@Demonbooty69 when we hit a depression invest your pot money you’ll make more
Your Cramer did a pump and dump on SVB. Did he not?
"Contained" "Transitory" "Base effect"
And it begins!
You mean I have to take down my train derailment season decorations and put up my bank contagion season decorations?
Get your money out of all banks now
Physical gold... now
Time to get out of markets
It’s time to buy from now on
Guess where the banks aren't collapsing? Yup, you're right, Russia. Way 2 go Brandon!
GFC 2023 - biggest buying opportunity since March 2020. Love the boom and bust nature of America. So easy.
Hard times coming then?
HUGH, just confirmed, A digital age bank run, gets squashed, by blocking the web access, exit ramps. Good luck with your crypto wallets, suckers.
I thought, The Sarbanes-Oxley Act of 2002 was to keep watchdog this kind of CRAP?
Let them go down especially if they are connected to crypto.
If they say there is no risk, I somehow hear the opposite.
When they say don't panic it's time to panic
Jokes on you! I don’t have any money so ha!! …. 😢
Dominoes are falling..
The crisis is that they just sell all of their safest bond instantly. It just fuel all investors
Silicon Valley bursting. Pull your money out now!!!
Gold and bitcoin.
Bold and Gitcoin, two out-of-control cops taking out the trash in NYC in the late 70s. New season this spring.
I hope someone's learned from 2008
Who shorted this at ATHs? Let me get 50 bucks.
In 2022, Silicon Valley Bank began to incur steep losses following increased interest rates and a major downturn in growth in the tech industry, where the bank's liabilities were heavily concentrated. The inflation that President Joe Biden called transitory caused the administration to delay raising rates, then they had to hike the rates high and fast.
This is only the beginning.
Wait until men are allowed to complete in women's swimming contests.
Sofi is next
It definitely is happening
It begins
do you trust your bank ? move your money if you don't....
Play stupid games, win stupid prizes
This is going to lead to hundreds of thousands of jobs lost, not just in tech. The dominos are going to fall. Best way to profit is to short it. Fark the bankers. CNBC needs to always show Market Cap, not just the current stock price.
This is what happens when people got used to the thought BTC would go to $150k easy but ended up losing everything on that thought and it's full implementation.
It will spread where do you put your assets?
The Tech industry of services no Goods.
The Fiat is collapsing
Will this contagion California state banks?
Thats what up. That's what they want to know.
The stock market was booming 2 years ago and inflation was under 2% and trending down.
Take the money and run
No just take the money. No need to Run!
Everybody pull your money out now!!!!
holly molly, funny this system has to update, there is no way to continue like that, defi is the answer
Slur her words Betty in an attempt to sound smart never fails to miss the point and finish by stating the obvious too
Don't panic your company will meet it's payroll by dipping into your pension fund 😉 which is legally a bridge loan, which may or may not be insured by Erisa
let me guess tax payers will bail these banks again
Jim Cramer is the Mel Kiper of the financial 🌎. Unfortunately they are always wrong.
Time to withdraw savings from the bank before Lehman Brothers MK 2 😱
Bernanke and Paulson were afraid of a Run on the Banks in 2008.
Now the concept of a Big time Run on the Banking Sector Stock seems to be looming?
Big Hank Paulson convinced the Bankers to create a flurry of Credit Cards, that saved the Banks for a while......
Now Consumer Credit is at $16 trillion.
"Could be Bad." ...............Troy Tsschudi
@OFFICAL VA3DLO We all need to stuff our MY PILLOW with cash, so we can sleep with the security of knowing our money is safe........Right?
Wait y’all have money in the bank?
Corporate GREED
Fortune favors the bold.
But only the paranoid survive.
We demand a list of all companies affected by this failure! NOW⚡🇺🇸
Look at that stock drop.
@OFFICAL VA3DLO bad day for people, who hated banks in the first place.
Answer. You shouldn't be Eating Steak (Super Producer of the Century award winning Cows)... All milk products!!! ....anyway.
"Oh this is just the beginning"
To many stock buy backs time to close the Wall Street casinos no more bailouts
Get cash to be safe before it is too late
Umm. Fiat has its consequenses, as well as bad decisions. Yup this will propagate. Some call it a run on banks.
Fiat. Fix it again Tony. & Here was me thinking it only applied to cars lol
about damn time
..Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places
..I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@@perryyoung5249
.This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting
@@JuliaGillard968
please who is the expert guiding you? i have lost so much as a beginner🥺 investing into stock without a proper guidiance of an expert
@@Jonathanlweis
Jordan Marsh Bradford’ is the coach that guides me. he’s a verified coach and she helped me see that returns can be made in both bull and bear markets. he covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that
@@FrederickLloyd643 I think I'm the only one who knows that man he don a lot in my life
It's just the news that creates panic... I glad I don't have money to lose.... but feel for people if their hard earn money is gone....Any things related to silicon is a fake!!!!!
This is a ZERO problem. It can be solved by giving the 1% a huge massive transfer of wealth along with a massive tax cut. This type of big business socialism very acceptable for the right wing. Any Democrat that votes against a measure that helps save these big banks will be accused of being against business and hurting small businesses and farmers.
So is this the time for Elon Musk to Buy a bank cheap? Some say he wants to Buy a silver mine to secure silver for his Tesla cars. First Twitter then a bank for start ups and a silver mine
UA-cam's Jeremiah Babe channel predicted this.
this will open up new doors to bitcoin. This will be raise of the coins. People will say enough with the banks