Lehman failed at 640
Lehman failed at 640
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
Lehman failed at 640
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
well the bank of sweden is rescuing it so basically youre gay and a homosexual. get rekt on your shorts homo
swiss bank* same thing
Omg lol thought you were trolling it's the bank of eswatini formerly known as swaziland
>well the bank of sweden is rescuing it so basically youre gay and a homosexual. get rekt on your shorts homo
They can't keep saving them forever. A few years back they were in big trouble too
Are we allowed to talk about anything without being accused of shorting or being some form of cartoon animal? Nu-LULZ is so fucking beyond stupid, holy shit
>the bank of sweden
Eeeeeeeverybody wants our swaps
>Buying power of $640 in 2008
>This chart shows a calculation of buying power equivalence for $640 in 2008 (price index tracking began in 1635).
>For example, if you started with $640, you would need to end with $894.26 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
Well here you go then
deleteli this
lol, you nervous?
a littleli bit
Where do you find this chart?
https://www.bespokepremium.com/interactive/posts/think-big-blog/the-closer-pure-fear-3-15-23
no fuckin way HAHA
brainlet here, whut mean?
bye bye money
Only difference is they are getting a bail out to artificially stay alive
They can only threaten a bail out, they don't have the money to actually do it.
They will hyper-inflate their currency before they let their friends at the laundering cartel go under
Banks aren't getting a bail out in cash this time, most likely they're getting some form of rate notes that they will have to pay back.
Isnt credit suisse unbailable?
>"If only you knew how bad things really are"
fündseli are safüli
tschägget (checked in swiss)
I as an American citizen suggest that we use our taxes to bail them out. It's the only way.
angel of death is upon them
a israelite criminal in charge, how stereotypical
this collapse is engineered
CS has been an embarrassment for years now. Scandal after scandal. Idk why people are so surprised.
probably surprised because its one of the top banks on the fuckin planet
Get woke go broke
there goes another one
I don't buy for one minute that they're closing all these locations cause "people are doing more banking online"
Watch it in real time.
if institutions actually believed that the Swiss Central Bank had the financial and legal capacity to save Credit Suisse they wouldn't have bought CDS. not to mention that the statement was vague and lukewarm as fuck
https://www.cnbc.com/quotes/CSCD5
>line go up
Topkek that's insane
fuck it im aping in
BAILED. OUT.
Some one help me I’m trying to wrap my brain around it but I don’t have one.
Credit Default Swap its insurance from default ok I get that. But WHY IS Creditsuisse CDS going up so drastically? Is that just a measure of OTHER entities buying CDS for CS or is it CA buying CDS to try and cover their ass?
CDS are basically put options on bonds. Just as a shitty stock will increase the value of a put option, so too will a shitty bond increase the value of a CDS.
Ok thanks. Essentially that graph represents how many “people” (hedges etc) are betting they default
As a CDS is a derivative, like an option, and not equity, I'm not 100% sure if volume/open interest increases its value like what is shown in OP's pic related, nor am I 100% sure what the exact formula used on the underlying bond to increase the CDS value is. All I can say is that the value of the CDS has increased exponentially and, whether its open interest or some other factor, the underlying bond is increasingly viewed as risky.
Considering inflation this is right on the money.