Credit Suisse just stopped ticking. ***RUN.***
(www.dailymail.co.uk)
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They forgot to carry the 1 😉
Them and Deutschebank have been on life support for ages
Poor fiscal policy, rising debt, rising inflation, spiked reverse repo, and holding the hedge funds in a checkmate position with "meme stocks"...
The proverbial shit will be dumped into an industrial sized fan once the banks speed up the process of selling undervalued treasury bonds. The Reverse Repo can't support all of this, because it's THEIR money they are chasing down as it loses value (not their borrowers' money this time)...
Once the race to liquidity begins, the value of the USD is going to be rocked, bond values plummet, and hedge funds will be forced to recall/purchase their open positions while rushing to sell what they actually own.
And this is how the Anons + Apes forge a relationship, by taking over the economy shortly before/after a full restructuring and destruction of the Fed.
We bet against the Deep State w/ GME/AMC + Crypto + Silver + Cash/Ammo/Food... and we're on the cusp of a bumpy ride that will be well worth it in the end.
DRS GME FTW!
Reporting for Duty Sir! 🦧🍌🚀🌛
o7
At ease soldier.
Just keep buying, shopping, stacking, DRS'ing, and BOOKing your shit and we'll be home before you know it.
o7
Just snapped up 200 more tasty GME shares at today's lowest point of the fake dip... still feels good. Had to do it through a brokerage to take advantage of quick price movement, will DRS tomorrow and BOOK all of my auto-invested fractionals.
Did you visit gangnam style youtube page like a good ape when reddit shutdown earlier today
Of course... I'm not an asshole!
“Material weaknesses”… I’m not super well versed in the GME swap situation, like some of the top Superstonk posters are, but aren’t the GME swaps that Credit Suisse inherited from Archegos what is bringing down CS?
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4065946
---> comment below article in the Daily Mail = Kiyosaki is the "Wall Street Expert" mmmm'kay. People make sure you know who you are taking financial advice from. He makes his money selling books and games and doesn't follow any of his own advice. Also, he's been saying the market is going to crash for 30 years while pushing his silver/gold products.
He has been buying gold since the seventies but NVM.
Let the bodies hit the floor…. Let the bodies hit the floor…..
That will include a lot of pensions too unfortunately.
Weird that this is all Trump's fault, when in fact this almost identical scenario happened in 2008, to the day,...........on Bidan's LAST watch.
Well, Obama/Biden were sworn in January 2009…
And the banking crisis actually started in late 2007
Your core point still stands, of course
All media in the US is blaming Trump for deregulations on the banks.
All the fake media.
BOOM(erang)
So where has Biden been the last 2 years. He had zero problem on day#1 of reversing EO’s or writing new ones. When will people take responsibility for their own actions or lack thereof? Who would they blame, if not for DJT?