Ha, this current crop of losers and idiots won't be able to do ANYTHING meaningful in 48 hours. All Biden had to do when he "entered office" was to do nothing, things might have just run themselves, given Trump's economy and policies... but no, like all idiots, Biden started ruining the economy from day one, signed anything his lefty handlers put in front of him, and the sudden decline began.
Tomorrow (Monday) has every chance of becoming a financial disaster that will affect every American badly.
Remains to be seen, GG, tomorrow might be very instructive as to the future of the nation. This SVB issue, following so close on the heels of the recent crypto-currency failure, and now Wells Fargo playing loose and free with depositors' money, well, this could become a contagion among the banks. A thing to watch closely will be derivatives... and you should find out how much your own bank is invested in derivatives. That is the next big thing to (possibly) fail.
My bank is a smaller bank in the area. They are 388 on derivatives rankings. We are pulling the bulk of the money out this Friday and opening an account at a local credit union.
The funny thing was a few weeks back we discussed getting liquid assets available for the TN adventure. He agreed and we called the broker. He asked if my husband was going in to conspiracy theories. We said no we need liquid assets for TN. The next day is when the market fell 700 points.
Word of advice, if you can move money to a credit union TOMORROW, you might better off. I'm not a financial advisor, but my gut instinct tells me it's time to do that.
Ha, this current crop of losers and idiots won't be able to do ANYTHING meaningful in 48 hours. All Biden had to do when he "entered office" was to do nothing, things might have just run themselves, given Trump's economy and policies... but no, like all idiots, Biden started ruining the economy from day one, signed anything his lefty handlers put in front of him, and the sudden decline began.
Tomorrow (Monday) has every chance of becoming a financial disaster that will affect every American badly.
They better not screw with my move to TN.
Remains to be seen, GG, tomorrow might be very instructive as to the future of the nation. This SVB issue, following so close on the heels of the recent crypto-currency failure, and now Wells Fargo playing loose and free with depositors' money, well, this could become a contagion among the banks. A thing to watch closely will be derivatives... and you should find out how much your own bank is invested in derivatives. That is the next big thing to (possibly) fail.
My bank is a smaller bank in the area. They are 388 on derivatives rankings. We are pulling the bulk of the money out this Friday and opening an account at a local credit union.
The funny thing was a few weeks back we discussed getting liquid assets available for the TN adventure. He agreed and we called the broker. He asked if my husband was going in to conspiracy theories. We said no we need liquid assets for TN. The next day is when the market fell 700 points.
I will not let the evil monsters get me down.
Word of advice, if you can move money to a credit union TOMORROW, you might better off. I'm not a financial advisor, but my gut instinct tells me it's time to do that.
Truth right here, nothing to lose nothing to gain