Posts: 22,189
   
Threads: 6,277
    
Likes Received: 4,114 in 3,223 posts
Likes Given: 481
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
>
Posts: 15,541
   
Threads: 1
    
Likes Received: 3,182 in 2,989 posts
Likes Given: 83
without support for US Inc. in england
the whole processes we witness will repeat
until it all gone.
Posts: 5,700
   
Threads: 859
    
Likes Received: 1,900 in 1,458 posts
Likes Given: 202
(01-05-2023, 01:32 AM)sgbuffett Wrote:
This is not the latest news.
The latest is about which bank bid for buying over FRB and at what price.
It should be known this morning before Asian markets start.
.
(This post was last modified: 01-05-2023, 06:06 AM by
webinarian.)
Posts: 15,541
   
Threads: 1
    
Likes Received: 3,182 in 2,989 posts
Likes Given: 83
(This post was last modified: 01-05-2023, 06:13 AM by
singlon.)
Posts: 5,700
   
Threads: 859
    
Likes Received: 1,900 in 1,458 posts
Likes Given: 202
The possible episode is not just FRB but a series of other banks can be drawn into collapsing mode.
One key question is whether those with deposit of more than $250k will be compensated like what happened to SVB and signature Bank. This is not quite possible. Then probably a lot of movement of money can happen to other banks.
.
(This post was last modified: 01-05-2023, 06:27 AM by
webinarian.)
Posts: 9,747
   
Threads: 34
    
Likes Received: 3,079 in 2,664 posts
Likes Given: 547