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Oh, but I hear from Cathie Wood fans that she's done her research, and there is this very new 'explosion' in perpetual-life technologies that will boost longevity tech into the stratosphere. So what is this old boomer talk about being dead in just a hundred or so years? Stay tuned for the new...

When it comes to banks... I've seen a lot of people impale themselves on what they thought were blue-chips so nothing could go wrong buying the dip, even when during a financial crisis... It wasn't just Lehman Bros. I've watched from Enron to Bear Stearns. Enron though, always will stick out...

I understand you are a wise old man, having registered on this site all the way back to October. However, could you at least give us some of your insider-information as to how you know this so well? Did you forget to post the link to your alternative investment suggestion? You know, the one you...

In regard to SVB- To play so careless with other people's money, and then pay themselves their bonuses for taking such insane risk... why the fuck is the public allowing these risk-takers to get off the hook? (and rewarded for it)? It's not just contagion we have to worry about. It's the god...

Credit Suisse is not a shock to the system though. We all knew they were underwater many months ago; now that the tide is going out, even the woke are starting to finally see it.

Dalio and Soros have recently gone long on BTC, despite their age. I think that should account for possibly something...

I still only hold a small amount in BTC exchange traded funds. The problem with ETFs is you can't really self-custody. However, I have been getting a shitload of interest payments from IBKR loaning them out. That said, Ethereum is where the majority of my bet is. This is what helps me sleep at...

We are practically forcing privatized rewards @ infinite risk... in exchange for socialized losses.

Hey look! Even a silly Shark Tank investor like O'Leary can get it! In the end... America is fucked with this new policy. Moral hazard is now at unprecedented levels. Take example from Biden's forgiving terrible student loans policy for stupid useless woke majors... :vomit:

There is no such thing as FDIC as the government explains it. There is/was a very tiny little pool of funds that in no way can handle a full systemic collapse. That was the old rules.... Now... with the new... the FDIC is supposed to cover ALL stupid amounts of capital. From $250K to infinite...

And it gets even better folks! Turns out that just HOURS before the death-knell announcement, the bank paid themselves their million dollar bonuses! How is THAT for a return to 2008-2009 for you? That's right.... exact same shit. We are back at it AGAIN! If this happened in some other...

Let me re-iterate for every FIAT-zealot out there. It will be, as it always is in the FIATverse... the TAXPAYER who will have to pay with the new FDIC insurance changes. But they'll now have to pay far worse than ever before. And they'll be doing it again, and again, and again.... When the...

What is means is... MUCH, MUCH, MUCH, MUCH, MUCH more moral hazard, and big troubles ahead... Amazes me on how many times the US government makes the system so much worse with every band-aid.

Just like a politician... SVB CEO Sold $3.6 Million Worth of Shares Before Bank's Collapse https://www.thestreet.com/technology/svb-ceo-sold-3-6-million-worth-of-shares-before-banks-collapse

That's the damn problem in Russia. Those damn windows all say "Made in China". Just like the tires on their military hardware.

Nothing to see here folks! Everything is A-OK! Move along now... --- Hey! I heard there is a tiny crypto-exchange in Timbucktoo that is having trouble making withdrawl payments this morning. OMG! Everyone, pay attention now, this is national news!

As the tip of the iceburg hits us during this great financial crisis 2.0 .... there is something I find interesting. While the US government is doing emergency measures tonight to come up with new creative accounting methods in order to (create something out of nothing) and prop up the banks...

And just to make it even worse... we are a daylight-savings hour shorter to tomorrow's day of wrekoning than normal. Oh my...

Which quote for what? You mean when (Dick) Fuld bitched and begged to be let into the room with Paulson in order to discuss the fate and a bail-out? Or when Fuld managed to beg and even get even Buffett to do a quick emergency (in the middle of the night) scan of the financial statements in...