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Nice opportunity to pick up some bank stock, just do due diligence.

exactly

Barter?

yes, because interest rates are going higher! making bonds more attractive.

Thank you! What a jerk. How is it possible for one person to be such a jerk?

fill me in. I didn't see that.

I'm sure they are looking at it.

Someone has published a book entitled "Everything Trump Touches Dies". Got to believe it. He fucked up everything. U.S. China relations, Iran U.S. relations, nearly Killed NATO, and god knows what else! And now China and Saudi Arabia and UAE are chums and we are chimps. What a jerk Trump was...

I did tell everyone this. But of course we are traders, right. What do we know about the Fed and Banking???

Told you!

The U.S. does not "prop up" insolvent private banks. They go belly up and the share holders take the hit.

If you have it in the form of demand deposits that's rather poor money management I would think. Personally, I'd fire that money manger. Have you heard of Treasury Bills?

And even if it were Goldman or Chase you'd have no worry below 250K. The U.S. has virtually unlimited ability to provide liquidity... The limit is the total of global U.S. "debt" which can be converted to bank reserves as the federal reserves sees fit. The problem would be inflation.(Remember...

Not necessarily. But why would anyone take that risk?

Of course that's true. We are an irrational species. But it's ridiculous nonetheless, so long as you have less than 250K deposited. And even if your deposit is above that, and why would it be?, you have a some chance of coming out whole.

That's true of course, but the speed with which bank resolution often occurs is amazing. In some cases it is from close on Friday to opening on Monday morning, as if nothing happened. The the U.S. banking system is the model for the rest of the world.

I am saying that in the financial crisis the limit for protection was upped considerably and depositors are senior in a bank failure. You're taking a risk above 250K,so don't take it. But there is a good chance even above two fifty you'll emerge whole.

A win is a win, but were Russia somehow able to pull off a win in Ukraine what would it look like? A pile of rubble? A smouldering pile of rubble in exchange for half a million dead young Russians. I would think that somewhat less of a win for the dead young Russians then the old alcoholics...

In the U.S., real bank runs, where individual are fearful of losing all or some of their demand deposits and actually could, are a thing of the past. Individuals can be irrational. They can even think that somehow Joe Biden stole millions of votes from Donald Trump. But believing in nonsense...

I laugh when I hear of people rushing to get there money out of a bank because they think might lose it if the bank fails. Naturally, if a Bank has failed and is closed briefly while resolution takes place, you might transfer your funds as soon as it reopens. Very likely the resolution will...