Gammon explains Wokenomics & the Banking Crisis :D

[The_Krakenite]

Time to time I will check into Gammon's vids, as I find them very interesting even though I am not so sure I believe everything explained all the time.

This one cracked me up more than a Patric Boyle vid.

For those wokes who STILL believe that the Taxpayer is not going to have to foot the bill yet again:

 

[maxinger]

The crisis is JUST THE BEGINNING?
That is very good news.

More banking crisis
---->
More trading opportunities


More sad faces in eliteinvestor.com
More happy faces in elitetrader.com.

Looking forward to more trading opportunities.

You can trade things like
the usual bank stocks
index futures
Bank index futures
gold
bonds ...

So make hay while the Sun shines.

 

[DaveV]

The crisis is JUST THE BEGINNING?
That is very good news.

More banking crisis
---->
More trading opportunities

I second that sentiment. Now if I could only get rid of the SIVB stock that I had bought as one of my hedges against a big KRE short.

 

[SunTrader]

Can't speak for any so-called Woke ones (what is it about this word that triggers some?) but far-lefties, if that's the insinuation of Woke, don't want Capitalist Banksters being bailed out. If anything the opposite.

 

[newwurldmn]

Nobody wants banksters being bailed out.

This some stuff is about deflecting blame from the fact that republicans passed the deregulation that nearly blew up the economy

Can't speak for any so-called Woke ones (what is it about this word that triggers some?) but far-lefties, if that's the insinuation of Woke, don't want Capitalist Banksters being bailed out. If anything the opposite.

 

[BeautifulStranger]

Time to time I will check into Gammon's vids, as I find them very interesting even though I am not so sure I believe everything explained all the time.

This one cracked me up more than a Patric Boyle vid.

For those wokes who STILL believe that the Taxpayer is not going to have to foot the bill yet again:

I remember skimming through a DB annual report a few years ago when its stock was in the high teens. The letter to shareholders was sickening and cringeworthy. Management clearly lost the plot and has underperformed since. How to "win" with a high ESG score is it?