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(Some Guy)   Credit Suisse and Deutsche Bank are trying to speed run the Lehman Brothers collapse   (news.bitcoin.com) divider line
    More: Scary, Investment banks, Credit Suisse, Bank of America, Twitter, European Financial Services Roundtable, Deutsche Bank, Bank, fourth largest investment bank  
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801 clicks; posted to Business » on 02 Oct 2022 at 11:20 PM (8 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



20 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-10-02 8:48:34 PM  
So buy bitcoin! It won't go bust. Trust us. Not like these huge banks. So buy Bitcoin! Please... We're sick of eating ramen.
 
2022-10-02 9:38:11 PM  
Stolen Nazi gold powers unite!

Form of a Deaths Head skull!  Form of an ice swastika!
 
2022-10-02 10:10:25 PM  

OdradekRex: So buy bitcoin! It won't go bust. Trust us. Not like these huge banks. So buy Bitcoin! Please... We're sick of eating ramen.


Douche Bank gave Cheetolini lots of loans, and he lied about everything when he applied for them.

Makes me sad.
 
2022-10-02 10:10:41 PM  

null: OdradekRex: So buy bitcoin! It won't go bust. Trust us. Not like these huge banks. So buy Bitcoin! Please... We're sick of eating ramen.

Douche Bank gave Cheetolini lots of loans, and he lied about everything when he applied for them.

Makes me sad.


NOT.
 
2022-10-02 10:35:21 PM  
Bring it.... as long as I don't have to bail them out.
 
2022-10-02 11:24:28 PM  
preview.redd.itView Full Size


preview.redd.itView Full Size
 
2022-10-02 11:41:45 PM  
Nice to see bad things happening to evil ratfarkers.
 
2022-10-02 11:51:04 PM  
I'll wait till we have a more reputable source for the second coming of the great financial disaster than the guy who thinks Bitcoin is a great investment.
 
2022-10-02 11:55:46 PM  

SoupGuru: Bring it.... as long as I don't have to bail them out.


They're all interconnected. If these two go down they're going to take some US banks down with them.
 
2022-10-03 12:44:54 AM  

red230: SoupGuru: Bring it.... as long as I don't have to bail them out.

They're all interconnected. If these two go down they're going to take some US banks down with them.


Fark user imageView Full Size
 
2022-10-03 12:45:51 AM  

keldaria: I'll wait till we have a more reputable source for the second coming of the great financial disaster than the guy who thinks Bitcoin is a great investment.


It's been a big topic of discussion on wallstreetbets, which makes it even more unlikely to me. Just a bunch of random farkers just trying to string random things together.
 
2022-10-03 12:57:27 AM  

red230: SoupGuru: Bring it.... as long as I don't have to bail them out.

They're all interconnected. If these two go down they're going to take some US banks down with them.


Yes but, what's the downside?
 
2022-10-03 2:18:23 AM  

red230: SoupGuru: Bring it.... as long as I don't have to bail them out.

They're all interconnected. If these two go down they're going to take some US banks down with them.


Meh. My bank's too small to be too badly affected. Even if it were, all of my deposits are well under the FDIC limit so I'd be fine. Sucks to be any rich people whose banks collapse though. If it happens I'll go find my tiny violin.
 
2022-10-03 2:29:45 AM  

null: null: OdradekRex: So buy bitcoin! It won't go bust. Trust us. Not like these huge banks. So buy Bitcoin! Please... We're sick of eating ramen.

Douche Bank gave Cheetolini lots of loans, and he lied about everything when he applied for them.

Makes me sad.

NOT.


Username checks out.
 
2022-10-03 2:49:57 AM  
I'm not sure I'd trust news from a site named bitcoin.com -- their goal is to make the bank system look bad so people will use cryptocurrency as an alternative.
 
2022-10-03 3:22:53 AM  
Fark user imageView Full Size
 
2022-10-03 4:22:32 AM  
Credit Suisse actually came out and said there needs to be more regulation on sugar consumption to avoid a massive health care disaster crash, so they aren't all that bad.
 
2022-10-03 5:10:34 AM  

mistahtom: Credit Suisse actually came out and said there needs to be more regulation on sugar consumption to avoid a massive health care disaster crash, so they aren't all that bad.


Probably put a big bet against sugar the day before.
 
2022-10-03 6:42:12 AM  

mistahtom: Credit Suisse actually came out and said there needs to be more regulation on sugar consumption to avoid a massive health care disaster crash, so they aren't all that bad.


Oh, that's great. Platitudes that don't engage them at all
 
2022-10-03 10:09:10 AM  

sensitive yet dangerous: red230: SoupGuru: Bring it.... as long as I don't have to bail them out.

They're all interconnected. If these two go down they're going to take some US banks down with them.

Meh. My bank's too small to be too badly affected. Even if it were, all of my deposits are well under the FDIC limit so I'd be fine. Sucks to be any rich people whose banks collapse though. If it happens I'll go find my tiny violin.


If you think rich people will lose in a bank collapse you are a fool.

Even putting aside the Elon Musks of the world who are so rich they take out bank loans against their stock to fund their lifestyles without paying tax who would be largely unaffected because their liabilities to a bank outweighs their assets.

The few rich people who do have millions in the bank but don't care to spread it around between banks to keep under the 250k FDIC limits at each bank, they would be the first to know the bank is having any issues and their accounts would be transferred out in whole before the first public sign of an issue hit. It's one of the reason these banks tend to be okay and saying they have tons of reserves right up until they implode. It's because the white collar crew all gets their advance notice and pull their funds first before shiat hits the fan which only makes the implosion happen faster than even the bank higher ups expected. The system is rigged, it always has been, just be thankful they offer a safety net for the rest of us.
 
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