Last warning: Withdraw your money from the US banks ASAP!

Instigating a bank run is not a game; it has serious consequences for both the financial system and the country as a whole.
What happened to freedom of speech? If the banks are that shakey maybe we need a bank run.
 
No bank in any country can afford a run, so instigating a run is clearly illegal. Isn't the United States raising interest rates with confidence, it shouldn't be so bad, right?
%%
WELL good for[edit US bank/credit union ]savers/same way with a good money market, money market/brokerage/ 4.44%+/:D:D
Former Treasury Sec Larry summers told FOX news+ noted SVB made ''elementary error;
borrowed short + invested long gov bonds.....''
Not to worry\ they always promoted gov bonds as ''risk free''[except for duration risk or no budget risk........... inflation risk , opportunity risk.....].
Looks like they accidently proved Dave ramsey right;
he likes well managed stock funds, + beans more than bonds :caution::caution:
 
No bank in any country can afford a run, so instigating a run is clearly illegal. Isn't the United States raising interest rates with confidence, it shouldn't be so bad, right?

It's not an issue of affordability. It's just something that's not right.
 
%%
LOL, but one has to want to be wise + not stupid to apply that:D:D
LOOKS like original poster does not know the difference in 1929-1933\ and
2008 + 2023.
Key differences include compound interest, a time difference/ + FDIC insurance.......................
Senator stupid Sanders is pretending more regs can solve anything= what a fake:caution::caution:
That's is a bit unusual for regional CA bank to have branches in MA,[+ china] maybe a crooked political payoff, but i cant prove that.
Good news= UK bank got a bargain\ London bank branch for $1.20 [1 UK poundLOL]
 
%%
WELL good for[edit US bank/credit union ]savers/same way with a good money market, money market/brokerage/ 4.44%+/:D:D
Former Treasury Sec Larry summers told FOX news+ noted SVB made ''elementary error;
borrowed short + invested long gov bonds.....''
Not to worry\ they always promoted gov bonds as ''risk free''[except for duration risk or no budget risk........... inflation risk , opportunity risk.....].
Looks like they accidently proved Dave ramsey right;
he likes well managed stock funds, + beans more than bonds :caution::caution:

is it just me or is this jibberish?
 
Back
Top