YELLEN: NO BAILOUTS
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
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
https://www.usnews.com/news/business/articles/2023-03-12/yellen-says-no-federal-bailout-for-silicon-valley-bank
https://economictimes.indiatimes.com/news/international/business/yellen-working-to-address-svb-collapse-but-not-looking-at-bailout/articleshow/98585205.cms
They'll start the bailouts when the smaller regional banks start falling like dominoes, or maybe the bail in schizos are right
Once a few regionals fail they will bring back their 2008 policy of ensuring deposits well above the standard FDIC limit to stop the momentum
Bail in schizos are the only sane ones here. They have been implimenting bail-in legislation all over the western world in the past 10 years. Get a groip.
yup, it might already be too late to withdraw your money but its definitely the right thing to do as soon as possible
>or maybe the bail in schizos are right
Next thing you know the racists will be proven right about POC
>when the smaller regional banks start falling like dominoes
Won't happen
>or maybe the bail in schizos are right
Yep.
Schizos are always right.
So it will be bailed out 100%
That might be what she's Yellen, but what she Dooin?
CARLOS
I guess that settles it guys, Fed's jim Cramer said no bailouts so there will definitely be no bailouts
lmao cry moar techbros
this is karma for denying student loan debt relief
eat shit all of you
workers of the world are celebrating knowing that you are suffering 🙂
>lmao cry moar techbros
None of those people are Libertarian
>student loan debt relief
rope yourself commie homosexual
get a job and pay your own fuckin debts
>pay your own fuckin debts
You think I owe you something. I respectfully disagree.
No idea what this has to do with that I just came in to tell you to enjoy your life as a serf. I want you suffering and your wages garnished. I simply don't like you and I hope your interest outpaces your ability to keep up with payments. Had you shut the fuck up about relief I would have ignored you but now I actively want you to suffer.
sorry gender studies isn't working out well in this economy
You make 30k a year why did you take a loan out to go to college
Exactly this. It’s either brutal free market principles for all or socialism for all. The replies are salty /misc/cels who thought they would make six figures being a tradie
pay denbts homosexual
>workers of the world are celebrating
You know what, I'll celebrate with you communists just this once. We have the same goals today, so we should celebrate and be friends today, like a Christmas in WW!.
>lmao cry moar techbros
cope, SVB was DEI retards, not techbros
Glad they failed
they'll just call it something else but in effect it will be a bailout.
can you give examples of some things similar to a bailout?
Bank relief fund or some other retarded shit. Is this your first day paying attention to politics?
thank you sir
yes i only pay attention to things when SHTF lol.
thank you kindly
the below is already fact. use your imagination to predict how they will refuse to acknowledge a bailout yet somehow make the depositors whole, well in excess of the $250k FDIC limit.
>The regulator said it will pay uninsured depositors an advanced dividend within the next week, with potential additional dividend payments as the regulator sells SVB’s assets.
https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html
I thought it also said that it would only be a PERCENTAGE back that they would pay back for uninsured depositors. They haven't elaborated what percentage
At this point the US is officially finished if the fdic doesn't take proper action. Brandon and crew have already done a great job of discouraging investors in us treasuries. If the entire government just lets everyone get fucked then the DXY is going to drop like a rock. If that's the case then a bankrun isn't gonna save you and you should buy BTC or anything else instead and get it off exchanges stat
I got 270 ounces of silver, 4/10s ounce gold. I'll be fine.
>the DXY is going to drop like a rock.
>you should buy BTC
Yeah, BTC can't go down with DXY, because... you posted a spinning cat!
Kys.
You stupid nagger you're failing to really grasp what I just said figure it out
It's pretty obvious you are delusional bulltard, please stop.
Please educate yourself
>In risk-on situations, investors have a high risk appetite and bid up the prices of assets in the market. In risk-off situations, investors become more risk-averse and sell assets, sending their prices lower.
If the dollar begins to seriously collapse due to the destruction of the Eurodollar and faith in the currency then nobody is going to want to be in dollars. There will be Tom fuckery the likes we've never seen. Buy buttcoin and gold to be best prepared
>At this point the US is officially finished
US will nuke the entire planet sooner than be finished. They're armed to the tits with drones and nukes.
>US will nuke the entire planet sooner than be finished. They're armed to the tits with drones and nukes.
Yes, which is why I am predicting nuclear war by 2025 latest and am trying to pull a Mr. House.
There will be no nuclear war. Nuclear war not only destroys the real economy poisoning 8 billion serfs, but every oligarch in the world will be up for a reign of terror. If it ever happens it really will be game over.
Making depositors whole is literally not a bailout for SVB. It is a bailout for their depositors. Learn the difference. And depositors over the 250k are getting most of their money back even without special legislation, it would just take weeks instead of days.
They’re just gonna rebrand the bailout and include some other stipulations “with great concern for the average American consumer” and give them every last penny they lost. They probably do it thru JP Morgan to make it look like it wasn’t the Fed directly
NOTHING WILL HAPPEN
> NOTHING WILL HAPPEN
NOTHING WILL HAPPEN
> NOTHING WILL HAPPEN
NOTHING WILL HAPPEN
> NOTHING WILL HAPPEN
A lot has happened since 2001
>9/11 happens
>"BRO ITS A NOTHINGBURGER ONLY 3K PEOPLE DIED THERE ARE 7 BILLION ON EARTH LMAO SCHIZO"
9/11 was a nothingburger, just like Covid. It's the sheeples reaction to the government/media pumping fear-porn that is the problem.
The Equities market is a game of confidence and speculation, of course psychological events wreak havoc on it.
Thankfully Congress is split, so they won’t be getting a bailout. By default the one party has to oppose a bailout if the other one supports it. So it’s not coming
whats this bailout cope
this is a controlled demolition obviously there will be no bailouts
She doesn’t even work at fed anymore why do we care about her opinion?
j powell is even more hawkish and he is willing to let everything crash and burn
its not ben shalom berbanke
shes literally the treasury secretary
stop noticing
yeah no bailouts it'll just be called something else like israelite llc rescue fund
How does a bail-in work?
>t. smoothbrain
>you put money in bank
>bank needs to pay off debt
>bank takes your money to pay it off
thanks for playing
No. Svb issues credit out of thin air.
No other deposit required as reserve ratio zero.
Svb insists credit is deposited into svb.
Svb clients loose money every day.
Credit eroded.
Svb goes bust.
Let all these fuckers drown.
I KNEW IT
THEY ACTUALLY HAVE NO PLAN LMAO
Fuck
Wow they would never lie to us plebin bug eaters
>NO REFUNDS
I'M AT PEACE, I'M THE MAN
BUYING STOCKS ON THE DAY OF THE CRASH YEAH
>Mfw when I describe the preferred size of booba
They should have had a Ukrainian flag in their Twitter bio, they woulda got a bailout then
No one NEEDS a bailout senpai
You bail something out before it fails no after
They’re literally doing a bailout go check the current headlines clowns.
No. They're bracing for other failures, and want to prevent them, but no bailouts.
good. do I finally like Yellen and Biden?
lmao "bailouts incoming" so much for that. happeningfags destroyed
They don’t need a bailout because they technically have the assets to cover the liabilities, they just have to wait until maturity
>With Wall Street rattled, Yellen tried to reassure Americans that there will be no domino effect after the collapse of Silicon Valley Bank.
they get a BAIL-IN not OUT
I honestly think Apple might bail them out. They bought Greece once.
>have unsecured deposits
>get forced to take a ~5% haircut instead of a complete collapse or moral hazard-ridden bailout
>immediately start schizoposting about NWO and the Great Reset
there is nothing wrong with bail-ins
That’s fine if it’s just one bank. But they aren’t going to be able to give uninsured depositors the bulk of their money if this happens even a few more times, they just don’t have the money.
>5% haircut
>source: the sphincter of my anus
COPERS BTFO NOW THEY'LL START MOVING GOAL POSTS
Bailout is bad word
Yellin will just give freshly printed money to hard working depositors and patriots of America
The vast majority of people don't understand banking or know what constitutes a bailout, so all the government has to do is say they won't give one and if the public believes it then they won't notice when the govt comes up with some gimmicky mechanism to quickly convert SVB's remaining assets into a full restoration of uninsured deposits. Which is probably a good thing.
>Be successful company
>All your money disappears because some retards invested it all in Dogecoin
Why does the US not have a central bank where companies can park their money and nobody can ~~*~~*((invest*~~*~~ it or fuck with it in any way?
>>
you've answered your own question
https://www.reuters.com/business/finance/regulators-urged-find-silicon-valley-bank-buyer-industry-frets-about-fallout-2023-03-12/
>NEW YORK, March 12 (Reuters) - U.S. authorities were preparing "material action" on Sunday to shore up deposits in Silicon Valley Bank (SVB) and try to stem any broader financial fallout from the sudden collapse of the tech startup-focused lender, sources familiar with the matter told Reuters.