Author Topic: Economy Errata  (Read 112229 times)

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Dr. Doom beating the Collapse drum once again.

"Now we're facing the perfect storm: inflation, stagflation, recession, and a potential debt crisis," Wall Street's "Dr. Doom" economist said.
Markets Insider · markets.businessinsider.com


RE

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Bank Collapse makes a comeback!

https://www.economist.com/finance-and-economics/2023/03/10/what-does-silicon-valley-banks-collapse-mean-for-the-financial-system

What does Silicon Valley Bank’s collapse mean for the financial system?

RE

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Bank Collapse makes a comeback!

https://www.economist.com/finance-and-economics/2023/03/10/what-does-silicon-valley-banks-collapse-mean-for-the-financial-system

What does Silicon Valley Bank’s collapse mean for the financial system?

RE
From what I gather, Silly Con Valley Bank was assassinated like Lehman Brothers. It was a pawn sacrificed in the great game for reasons not readily apparent.
« Last Edit: March 17, 2023, 08:45:55 am by moniker »

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Bank Collapse makes a comeback!

https://www.economist.com/finance-and-economics/2023/03/10/what-does-silicon-valley-banks-collapse-mean-for-the-financial-system

What does Silicon Valley Bank’s collapse mean for the financial system?

RE
From what I gather, Silly Con Valley Bank was assassinated like Lehman Brothers. It was a pawn sacrificed in the great game for reasons not readily apparent.

Do you mean that all the depositors who made the run on it coordinated their withdrawals in some way? Like on Facebook or something?

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Bank Collapse makes a comeback!

https://www.economist.com/finance-and-economics/2023/03/10/what-does-silicon-valley-banks-collapse-mean-for-the-financial-system

What does Silicon Valley Bank’s collapse mean for the financial system?

RE
From what I gather, Silly Con Valley Bank was assassinated like Lehman Brothers. It was a pawn sacrificed in the great game for reasons not readily apparent.

Do you mean that all the depositors who made the run on it coordinated their withdrawals in some way? Like on Facebook or something?

Even without FB, word of mouth travels fast in a bank run.  Social Media probably speeds things up further.

RE

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Bank Collapse makes a comeback!

https://www.economist.com/finance-and-economics/2023/03/10/what-does-silicon-valley-banks-collapse-mean-for-the-financial-system

What does Silicon Valley Bank’s collapse mean for the financial system?

RE
From what I gather, Silly Con Valley Bank was assassinated like Lehman Brothers. It was a pawn sacrificed in the great game for reasons not readily apparent.

Do you mean that all the depositors who made the run on it coordinated their withdrawals in some way? Like on Facebook or something?

Even without FB, word of mouth travels fast in a bank run.  Social Media probably speeds things up further.

RE

It is what happens at the end of growth.  Other explanations are mental ****.

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Global banking crisis: What just happened?
« Reply #621 on: March 20, 2023, 06:12:11 am »
Can U Spell C O N T A G I O N?

On March 10, the biggest failure of a US bank since the global financial crisis was playing out in real time as a major lender to the tech industry succumbed to a classic bank run.
CNN · cnn.com


Global banking crisis: What just happened?

RE

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Re: Global banking crisis: What just happened?
« Reply #622 on: March 20, 2023, 08:25:23 pm »
Can U Spell C O N T A G I O N?

https://www.cnn.com/2023/03/17/business/global-banking-crisis-explained/index.html

Global banking crisis: What just happened?

RE

This happened:

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Re: Global banking crisis: What just happened?
« Reply #623 on: March 21, 2023, 12:38:16 pm »
This happened:

Cool graphic. I remember when the wheels were coming off in 2008, that one caught everyone's attention.

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Don't worry, it's not collapse unless 25% of the population dies.

Decades of easy money have led to high levels of corporate debt worldwide and in Asia especially. Now with the sharp rise in interest rates, businesses – particularly small and medium-sized firms...
South China Morning Post · scmp.com


Bank collapses are just the start of the world’s financial woes – indebted businesses will be next

RE

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The Coming Doom Loop
« Reply #625 on: April 01, 2023, 12:44:11 am »
Not looking good for the economy.

Nouriel Roubini warns that liquidity support will not be enough to prevent a deeper financial crisis and economic downturn.
Project Syndicate · project-syndicate.org


The Coming Doom Loop

RE