StarstruckIllusion 38,906 Posted March 19 Share Posted March 19 This is for my bankers who just lost somebody 🎶 Last week, was SVB… now this? I wonder if they’re related. Summoning @Economy Link to post Share on other sites
River 78,234 Posted March 19 Share Posted March 19 oh course sh-t happens after i move to switzerland I'm a living jinx Artdoll was here xoxo 6 Link to post Share on other sites
LateToCult 32,542 Posted March 19 Share Posted March 19 Me watching all the people with hundreds of thousands of dollars in banks panic while I enjoy my Chipotle burrito I got for basically 50% off because I lied to DoorDash and told them my queso, fajita veggies, and corn salsa were missing. 1 8 Link to post Share on other sites
BBhomemaker 5,439 Posted March 19 Share Posted March 19 32 minutes ago, StarstruckIllusion said: This is for my bankers who just lost somebody Spoiler I read it as this : 1 Link to post Share on other sites
Lona Delery 7,161 Posted March 19 Share Posted March 19 1 hour ago, River said: oh course sh-t happens after i move to switzerland I'm a living jinx theyve been struggling and a joke for years... so much to unpack there, the drama is unparalleled Sometimes it feels like I've got a war in my mind, I wanna get off but I keep riding the ride 1 Link to post Share on other sites
Emvee 6,642 Posted March 20 Share Posted March 20 9 hours ago, LateToCult said: Me watching all the people with hundreds of thousands of dollars in banks panic while I enjoy my Chipotle burrito I got for basically 50% off because I lied to DoorDash and told them my queso, fajita veggies, and corn salsa were missing. So you got it for the regular price then Link to post Share on other sites
StarstruckIllusion 38,906 Posted March 20 Author Share Posted March 20 Ou- They need to calm down… they’re being too loud Link to post Share on other sites
Neroneau 841 Posted March 20 Share Posted March 20 Will these effects “trickle down”🤣🤣🤣 Link to post Share on other sites
LateToCult 32,542 Posted March 20 Share Posted March 20 6 hours ago, Emvee said: So you got it for the regular price then With the added convenience of staying inside all day in my underwear. Link to post Share on other sites
PunkTheFunk 119,179 Posted March 20 Share Posted March 20 a momen of silence 🤐 for this bank 🏦, it pass away 🥀. it have beautiful cucu 🍑 sitting here, for loans💄, insurance ☂️, deposits ☕, and more 💯. for this bank 🏦, on behalf of Gagadaily ⛅ 🌨️ 🌧️ ☀️, our condo 🏠 lo-senses 👃 👁️ 👂 👅 ✋ 1 2 Link to post Share on other sites
Dennis 5,046 Posted March 20 Share Posted March 20 If you live in the U.S, unless you have more than 250K+ in the bank, you shouldn't honestly worry. Because your first 250K are always insured. Link to post Share on other sites
LaLa 17,477 Posted March 20 Share Posted March 20 50 minutes ago, Dennis said: If you live in the U.S, unless you have more than 250K+ in the bank, you shouldn't honestly worry. Because your first 250K are always insured. I just recently learned that it's only $100,000 in Canada And I was gonna be like, lol, not that that affects me either, but then I remembered my husbands RRSP I'm not actually worried, we bank with a major bank and if it failed I can't imagine what else would be going on, but still, it's not something I'd literally ever considered before Link to post Share on other sites
Economy 42,294 Posted March 20 Share Posted March 20 18 hours ago, StarstruckIllusion said: This is for my bankers who just lost somebody 🎶 Last week, was SVB… now this? I wonder if they’re related. Summoning @Economy Some banks who did not anticipate such rapid rising rates took big losses as they structured borrowing at short term rates (which shot up) and lent at long term rates or invested in long term fixed income I do know America's bank failure wasn't a typical bank tho. It was more exposed to the tech sector which has been the hardest hit so... A failure by a silicon valley bank does not necessarily mean the entire US banking system is repeating 2008 all over again... Plus the US banking system is slightly more regulated than before 2008 It is to be expected that in a time of financial and economic stress a few companies will fail even big ones. It may or may not speak to a trend coming. Guess we will have to wait and see 1 Link to post Share on other sites
heygurlhi 2,904 Posted March 20 Share Posted March 20 Can the world stop ending every god damn second Ignore me i drink 1 Link to post Share on other sites
lilboyblue 1,852 Posted March 20 Share Posted March 20 TCB film cancelled Link to post Share on other sites
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