Whatsername

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Whatsername

Whatsername

@Conch_Out

Florida woman. East of the devil’s garden. Will block to my heart’s content.

#305 Bergabung Mart 2018
2.2K Mengikuti528 Pengikut
Whatsername
Whatsername@Conch_Out·
@nickgerli1 My understanding is it was mostly about issues in mortgage-backed securities that SVB invested in when rates were low. It’s also about Congress buying SVB’s lies that it was too small to pose a systemic risk & therefore stress tests were an undue burden. But I’m not a Powell fan.
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Nick Gerli
Nick Gerli@nickgerli1·
1) So right now most people think Silicon Valley Bank was all about issues in tech. But the real issue that prompted the bank run was tech companies running out of money. Why are they running out of money? Because the Fed is tightening the money supply.
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Nick Gerli
Nick Gerli@nickgerli1·
When the Money Supply Contracts📉, banks start collapsing.❌ This trend is very predictable. Each time the money supply has contracted in last 150 years, we've had a banking crisis. M2 Money is down -2% YoY. First time in 100 years. Take note.
Nick Gerli tweet media
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BouffantBecky
BouffantBecky@bouffantbecky·
That whole thing has triggered an unholy migraine.
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BouffantBecky
BouffantBecky@bouffantbecky·
I have to get my pupils dilated at the optometrist on Monday. I wish we could do it the fun way.
GIF
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Whatsername
Whatsername@Conch_Out·
@LadyKnightFox They got the same deferments for being enrolled in college that Dick Cheney did. Meanwhile Cheney said nothing while John Kerry, who went to Vietnam, was swiftboated (slandered) because he protested after his time in the Navy was over.
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Miranda Devine
Miranda Devine@mirandadevine·
Does anyone in the room realize Joe Biden dodged the draft on multiple occasions? Asthma, supposedly, even though he also tells us he was a high school athlete and football star. It’s been whitewashed out of his life mythology although Dems won’t shut up about Trump’s bone spurs
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Whatsername
Whatsername@Conch_Out·
@mirandadevine It’s not a new back & forth at all. Dems started pointing stuff like this out when Republicans started using it against Bill Clinton when he ran against the elder Bush. Iraq War hawk Dick Cheney got 5 deferments while they swiftboated John Kerry who served.
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Whatsername
Whatsername@Conch_Out·
@d_in_bridge In essence, SVB as a bank no longer exists here either and doesn’t have squat to say about anything. The Gov’t is in charge, will try to stop the bleeding and attempt to unload it asap.
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Whatsername
Whatsername@Conch_Out·
@d_in_bridge No expert but I read it as HSBC absorbs SVB’s UK arm and that’s the end of SVB in the UK - a clean break. The Bank of England isn’t on the hook for whatever amount their version of FDIC covers and UK tech businesses w/ SVB don’t get screwed out of whatever amt. above that.
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Whatsername
Whatsername@Conch_Out·
@DerrickEvans_WV You are in no sense a patriot. Quite the opposite, you whining sore loser. When all the recounts, audits, and court motions show the outcome of an election you have act like an American and take the L
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DNCUNcovered
DNCUNcovered@DNCuncovered·
@JamieStiehm @anyonewantchips Stop with the bullshit Libtard narrative that Clinton was impeached over a cigar stunt in the oral office for god sake. He was righteously charged with: Perjury (2), obstruction of justice, abuse of power
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anyone_want_chips
anyone_want_chips@anyonewantchips·
Republican Senators Mike Crapo, Lindsey Graham, Chuck Grassley, Jerry Moran, Rob Portman, Mitch McConnell, John Thune & Roger Wicker voting to convict Bill Clinton for lying about an affair - but acquitting Trump for inciting an insurrection - is peak Republican hypocrisy.
anyone_want_chips tweet mediaanyone_want_chips tweet media
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Whatsername
Whatsername@Conch_Out·
@theresamlewis @JenningsSupine Fam in Jax mentioned storms due to roll in over the weekend. Wonder if we’ll get some eventually. Due to hit 90° here in Miami today.
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Theresa M. Lewis
Theresa M. Lewis@theresamlewis·
@JenningsSupine We had almost 2” overnight and it’s been raining solid since 830. I am not complaining. It’s been so dry for weeks. 😉
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Whatsername
Whatsername@Conch_Out·
@Pinche_Pi I figured it was the Feds backstopping SVB’s depositors and Treasury being on the ball with the Bank of England to give SVB’s UK arm to HSBC. So much for SVB’s lobbyists claiming banks its size didn’t pose a systemic risk when they got Congress to ease regs.
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