News More regional banks are collapsing in the US | Jewish financial debt-slavery system on suicide watch!

[wereq]

Shares in several regional banks in the US have dropped sharply, as investors fear the banking crisis that has gripped financial markets is not over.
The falls come a day after the collapse of First Republic, which was seized by regulators and sold after worried customers withdrew more than $100bn.
It was the second biggest bank failure in US history and the third since March.
Shareholders were wiped out - and are now eyeing risks at other banks.
California-based PacWest Bancorp, which has been under scrutiny for its lending to firms backed by venture capital, saw shares plunge 28%.
Shares in Western Alliance, headquartered in Arizona, dropped 15%.

The turmoil comes as the banking sector is adjusting to a sharp rise in interest rates.
The US central bank has raised its benchmark rate from near zero last March to more than 4.75%. It is expected to announce another 0.25% increase this week.
The moves are impacting the US economy, which could hurt banks as businesses and households start to struggle to make debt payments.
Many analysts are worried about risks to banks lurking in the commercial property sector, which has been hit by a fall in demand for office space due to the expansion of remote work.
The rise in interest rates has put some banks in a bind, as higher rates hurt the market value of some debts issued when borrowing costs were lower.
The fears intensified in March, when panic sparked by the sudden collapse of Silicon Valley Bank - then the US's 16th largest lender - prompted global sell-offs of bank shares and led many US bank customers to shift their money to firms seen as safer.

Bigger banks proved to be the winners, while regional firms came under pressure.


Source: https://www.bbc.com/news/business-65461930

 

[Transcended Trucel]

 

[proudweeb]

just lol @ these banks putting all their shit into treasury whatevers when it was just common sense rates would skyrocket

what did they think would happen when the govt printed trillions?

 

[wereq]

just lol @ these banks putting all their shit into treasury whatevers when it was just common sense rates would skyrocket

what did they think would happen when the govt printed trillions?

I read somewhere that the banks got more money from the government if they invested in treasuries.

 

[Gutless]

Finally

 

[proudweeb]

I read somewhere that the banks got more money from the government if they invested in treasuries.

I hope they raise the rates to 15% like in '82

I don't take out loans for shit so it wouldn't affect me lol

The chaos for normtards would be entertaining

 

[RandomGuy]

Bank stonks fall in after-hours.

Gold At $2,000 Troy Ounce Means Wheaton Precious Metals Is Worth Considering (NYSE: WPM)

 

[Transcended Trucel]

Imo there will be no crash though

 

[wereq]

Jews are the enemy of all people. There is no entity on earth more evil than the jew. The jew is proof that satan is real and he controls the earth.

 

[Cletus Longthing]

Burn the Banks!!!!!!

 

[wereq]

Burn the Banks!!!!!!

More specifically, burn down their servers.

 

[Cletus Longthing]

More specifically, burn down their servers.

Burn both

 

[kek1]

The whole thing is a giant scam. They just want to centralize power. The collapses were manufactured by the government through fraud and deception. Pretending that the rates would be kept low and then dramatically increasing them. Then ensuring only the biggest banks are protected. The dynamic is very bad.

Though i do think the whole banking system is corrupt, this situation is dramatically increasing the corruption.

 

[PersonalityChad]

Very nice. Let's hope this keeps up

 

[Uninvited]

This is part of the cycle, the system crashes and the Jews hoover up the assets and further endebt the goys.

lol if you think a banking collapse will upend Jewish power.

 

[based_meme]

This is part of the cycle, the system crashes and the Jews hoover up the assets and further endebt the goys.

lol if you think a banking collapse will upend Jewish power.

The most post on this so far.

 

[starcrapoo]

The fed is contracting the economy on purpose to battle inflation.

But as we can see lol, for these months that the fed has been hiking interest rates, thats already done immense damage.

people are still getting laid off and banks are failing.

In times of recessions, crime always spikes up, scams spike up, racism always spikes up. On the bright side, at least from what I've read, money is harder to come by so some foids make themselves less stuck up.

I used to lurk a rice pride cope forum almost a decade ago, where some asian dudes mentioned how they were amazed by how much more AMWF couples they saw after the 2008 recession.

its the exact same scenario with whore houses. the girls become younger and prettier during economic recessions. there were times that asian massage parlors actually had young asian american women. totally americanized asian women with no accents. nowadays its mostly old noodlewhore grannies in their 40s. who knows, maybe the quality has gone up in recent weeks due to this recession (we ARE in a recession).

 

[MasterRaceRice]

lifefuel tbh. America kinda sucks