Liberal Forum

S**t Just Hit The Fan Across Markets, Regional Banks Crashing
Weak JOLTS?, Poor factory orders, hot EU inflation, surprise RBA rate-hike, a sudden realization of the urgency and seriousness of the debt ceiling debacle, Europe back from vacation, or just pre-FOMC jitters?Or was it this!S**t Just Hit The Fan Across Markets, Regional Banks Crashing | ZeroHedge

And despite the Biden admin claiming that FRC was just another 'outlier' business model,
PacWest, Western Alliance, and Zions (among others) are in a freefall...


 
 

Who knows to be frank but everything went just a little bit turbo, starting with a total collapse in regional banks...

Uh ohh, big banks slammed as well....


 

avoid all banks in rich areas. rich people got rich by knowing and controlling what is going on. they are all withdrawing all their funds from their local banks. poor people have little money in their banks. have no clue of what is going on. most of the poor area banks do not have loans out of their areas, and will survive. while the rich area banks are seeing their loans lose value, as their depositors move their funds into safe lock boxes at the banks. /// sit back. light up. your in for a banking blood bath. /// also: if the true usa nation debt leaked out, usa dollar rating will fall to junk rating. causing nations who hold the usa dollar to enter into uncontrollable inflation. resulting in riots that would turn into revolutions.

walkingstick » 02 May 2023, 1:54 pm » wrote: ↑

02 May 2023, 1:54 pm

avoid all banks in rich areas. rich people got rich by knowing and controlling what is going on. they are all withdrawing all their funds from their local banks. poor people have little money in their banks. have no clue of what is going on. most of the poor area banks do not have loans out of their areas, and will survive. while the rich area banks are seeing their loans lose value, as their depositors move their funds into safe lock boxes at the banks. /// sit back. light up. your in for a banking blood bath. /// also: if the true usa nation debt leaked out, usa dollar rating will fall to junk rating. causing nations who hold the usa dollar to enter into uncontrollable inflation. resulting in riots that would turn into revolutions.

Paris...
https://twitter.com/i/status/1653254415737053185


 

banks have small stock losses. soon to come: massive losses. worst than 2008. remember when you could not get any spending money from your bank? this time it is going to get far worst. grocery stores will close! they will fear what the cost will be in replacing their inventory. congress has been prepared. congress has a secret warehouse full of survival food. are you stocked up with food? go to walmart before the shelves are empty!!!!

FORBES
https://www.forbes.com/sites/jonathanpo ... 08c4dd2566
BREAKING
Dow Plunges 500 Points As More Bank Stocks Crash

PacWest, Western Alliance crash as regional bank fears continue to shake markets

https://finance.yahoo.com/news/pacwest- ... PsZqK04aAr

https://www.reuters.com/business/financ ... 023-05-02/

US regional banks fall as FRC failure shakes faith in banking sector recovery

Hahahahahahahahahahahahahahahahahahahahaha!
Zero Hedge?
Talk about fake news.

Banks are failing at a rate not seen in decades

Sumela » 02 May 2023, 1:59 pm » wrote: ↑

02 May 2023, 1:59 pm

Paris...
https://twitter.com/i/status/1653254415737053185

and Americans call the French cowards!?!?  at least they are fighting this crap.

sunburn » 03 May 2023, 9:48 am » wrote: ↑

03 May 2023, 9:48 am

and Americans call the French cowards!?!?  at least they are fighting this crap.

Yes sir.  They have a long history of protesting. 
We have a long history of allowing WASH DC to slowly roll over us.
 

Sumela » 03 May 2023, 9:55 am » wrote: ↑

03 May 2023, 9:55 am

Yes sir.  They have a long history of protesting. 
We have a long history of allowing WASH DC to slowly roll over us.

WASH DC is not responsible for Wall Street speculators making money off of smaller banks by shorting their stock.
 What laws could WASH DC put in place to avoid this?

Smart people should not put their money in ANY full service bank.
Use credit unions instead.