I feel like we are just coming over the top of the first hill of this roller coaster.
Sort of an odd feeling. Sitting here sipping coffee on a quiet Sunday morning, and thinking about how many tens of thousands, perhaps hundreds of thousands of people are in a dead panic about this situation. The vast majority of those who will be truly hurt are average Janes and Joes working at startups, paying bills, doing the American thing... but no more, as their startup will have to stop due to all of its operating cash suddenly being gone.
And what will the ripple effect be? As I look out the window down the street, I feel like I am just waiting to see the effects wash down the street like a flood.
If there is no bailout just remember it is because they do not want there to be a bailout, and the resulting narrative and forthcoming legislation (already written and waiting for years) will undoubtedly require average Americans to forego additional freedoms (cashless society - CBDC) under the guise of ‘fixing the problem’.
Sorry for the spoiler but I’ve been watching these movies for almost 50 years and they all end the same.
And was the escalator descent a shot across the bow or a FF Pearl Harbor.? Who can be sure what movie we are watching and who is directing.? I Frankly don’t give a shit anymore and am hoping for the best but preparing for the worst. What else can you do at this point. God speed anons!
I have been out of a job and this could wreak further havoc in what has been a tough market for me. But I came to terms with that type couple of weeks ago. This is in God's hands and I am just praying I hear his direction. (Oh, I have minor panic attacks, but trying my best to keep the faith.)
ImaSudeDeNym is right. It irritates me to see people here on this forum smacking their lips at the prospect of massive bank failures. This isn't a video game. It won't be the Deep State suffering. It will be you and me and millions of ordinary people, including MAGA voters.
If you can find anyone old enough to remember it, ask them about the Great Depression. And stop cheerleading for disasters.
God will always provide pede. I hope one day those minor panic attacks will completely leave you, I know my anxiety levels are close to nothing ever since I really began following Him.
No matter what happens we will all be taken care of. I hope you know that fren.
we appreciate your willing sacrifice and selflessness fren. what type of job will you lose? directly work for the bank or a business that lost all its assets?
I am in data, if you know what that is, but I don't work for a bank but rather a company that kept every single cent in the SVB.
I know there is talks of being made whole going on so I will know this week if that is true or not. Either way, I am more than willing to be hit if it comes down to it. The world needs to change.
You took the words out of my mouth! I am sipping coffee (and eating plain yogurt with berries and bacon). I explain my calmness on God. I feel blessed in my faith in the Good Lord, Almighty.
If you were my neighbor, you would be telling me, I am stuffed, I can't eat another bite! We always have bacon here, ready to go. I bake a good pound or two first thing in the morning.
I also explain my calmness on God, also being too busy and preoccupied on many other things to be worried about the bank situation, and having less than 250k in my accounts, so even if my banks gets impacted, my money's still insured.
I was thinking the same thing. How many people right now are panicking, and I am sitting here, calmly drinking tea and thinking about what I am going to do today. It's supposed to be a nice day, so church, getting neighborhood kids over here to play... what should I make for lunch? stuff like that. Meanwhile, people involved in this bank are panicking and people who will be at the next bank(s) are starting to feel the panic.
I feel for the Janes and Joes, but not the climate deniers, virtue signalers, and crooks.
I feel like we are just coming over the top of the first hill of this roller coaster.
Sort of an odd feeling. Sitting here sipping coffee on a quiet Sunday morning, and thinking about how many tens of thousands, perhaps hundreds of thousands of people are in a dead panic about this situation. The vast majority of those who will be truly hurt are average Janes and Joes working at startups, paying bills, doing the American thing... but no more, as their startup will have to stop due to all of its operating cash suddenly being gone.
And what will the ripple effect be? As I look out the window down the street, I feel like I am just waiting to see the effects wash down the street like a flood.
And I sip my coffee.
-coffee cup rises slowly into the air-
If there is no bailout just remember it is because they do not want there to be a bailout, and the resulting narrative and forthcoming legislation (already written and waiting for years) will undoubtedly require average Americans to forego additional freedoms (cashless society - CBDC) under the guise of ‘fixing the problem’.
Sorry for the spoiler but I’ve been watching these movies for almost 50 years and they all end the same.
There was no Q then, and the war (outwardly) hadn't kicked off yet (i.e. Trump decending on the escalator).
And was the escalator descent a shot across the bow or a FF Pearl Harbor.? Who can be sure what movie we are watching and who is directing.? I Frankly don’t give a shit anymore and am hoping for the best but preparing for the worst. What else can you do at this point. God speed anons!
I think most people, even normies, won't comply with CBDB.
It opens the doors wide open to bail-ins. Bank: "Our government didn't save us, therefore we must do what we must to save ourselves!"
Coming soon to a bank near you.
We will soon find out the lay of the chessboard!
I’m losing my job cause of this but I feel the same way. I say bring on the pain.
Sorry to hear that... hang in there.
God is taking care of me, I appreciate it though pede, I will be alright.
I have such a peace about this, I am very happy about what is about to happen.
God Bless
You're an inspiration. I encourage you to make a post about this event, the Godly peace you feel, etc. We would all benefit from reading it.
God will provide. You are a person that we all need as an example of optimism. Thank you.
I have been out of a job and this could wreak further havoc in what has been a tough market for me. But I came to terms with that type couple of weeks ago. This is in God's hands and I am just praying I hear his direction. (Oh, I have minor panic attacks, but trying my best to keep the faith.)
It really makes me sick to my stomach that the ones that suffer the most from this will be just plain, good folks who did nothing to cause it.
I couldn't give two shits that Oprah lost 500 million dollars. Oh boo fucking hoo.
And everyone else that wants sympathy because they had hundreds of millions of dollars to put in a single bank can go suck a bag of dicks.
But if I've learned anything in life, it's that shit rolls downhill and the people at the bottom (namely, us) will be the ones covered in it.
The part about Oprah losing 500 million makes me happy.
ImaSudeDeNym is right. It irritates me to see people here on this forum smacking their lips at the prospect of massive bank failures. This isn't a video game. It won't be the Deep State suffering. It will be you and me and millions of ordinary people, including MAGA voters.
If you can find anyone old enough to remember it, ask them about the Great Depression. And stop cheerleading for disasters.
Where did the money go? This was planned, to lose "hide" their money and then passing this huge fucking tab to the middle class.
I see you were in the military too. Lol
God will always provide pede. I hope one day those minor panic attacks will completely leave you, I know my anxiety levels are close to nothing ever since I really began following Him.
No matter what happens we will all be taken care of. I hope you know that fren.
Embrace the suck !
Always:)
we appreciate your willing sacrifice and selflessness fren. what type of job will you lose? directly work for the bank or a business that lost all its assets?
I am in data, if you know what that is, but I don't work for a bank but rather a company that kept every single cent in the SVB.
I know there is talks of being made whole going on so I will know this week if that is true or not. Either way, I am more than willing to be hit if it comes down to it. The world needs to change.
You took the words out of my mouth! I am sipping coffee (and eating plain yogurt with berries and bacon). I explain my calmness on God. I feel blessed in my faith in the Good Lord, Almighty.
I'd kill a lib for some bacon right now
If you were my neighbor, you would be telling me, I am stuffed, I can't eat another bite! We always have bacon here, ready to go. I bake a good pound or two first thing in the morning.
Noice! Bacon is my favorite food group.
Yum!! Once I discovered baking it in the oven, I love making bacon now! Haha
I hope the pig was a lefty
I also explain my calmness on God, also being too busy and preoccupied on many other things to be worried about the bank situation, and having less than 250k in my accounts, so even if my banks gets impacted, my money's still insured.
I was thinking the same thing. How many people right now are panicking, and I am sitting here, calmly drinking tea and thinking about what I am going to do today. It's supposed to be a nice day, so church, getting neighborhood kids over here to play... what should I make for lunch? stuff like that. Meanwhile, people involved in this bank are panicking and people who will be at the next bank(s) are starting to feel the panic. I feel for the Janes and Joes, but not the climate deniers, virtue signalers, and crooks.