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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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without support for US Inc. in england
the whole processes we witness will repeat
until it all gone.
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(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.
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(This post was last modified: 01-05-2023, 06:06 AM by
webinarian.)
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(This post was last modified: 01-05-2023, 06:13 AM by
singlon.)
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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.
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(This post was last modified: 01-05-2023, 06:27 AM by
webinarian.)
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