If the banks can’t survive they weren’t strong enough anyway tbh
We got a bank collapse y'all
- Thread starter garbagemanlb
- Start date
Ron
OT Supporter
- Sep 21, 2003
- 157,577
You mean National Bank of Santa Clara?
whatever
OT Supporter
- Feb 18, 2004
- 220,815
saw a note that the swiss national bank was gona keep them liquid
True enough. but then our financial system/society would also collapse. but guess we weren’t strong enough either tbh
It didn’t collapse during the Great Depression or the recessionTrue enough. but then our financial system/society would also collapse. but guess we weren’t strong enough either tbh
It didn’t collapse during the Great Depression or the recession
Credit markets didn’t really exist in the same way they did in DExpression. but I don’t know that I’d hold that standard up considering how long the recovery was….
As to the recession. Fed stepped in after little firms went up in smoke and stopped the big ones (AIG, CITI, BOA) from going under. NOtice how nobody is talking about signature bank really? SVB also is relatively tiny compared to the big banks.
All relevant to the bank size End of day. Hence why it was predictable credit Suisse got help Today.
The great depression lasted 12 years, that is a long fucking time.It didn’t collapse during the Great Depression or the recession
Boing
OT Supporter
- Jun 30, 2007
- 66,755
its cool, we're building towards another world war that will pull us out again
i had chatgpt give you a great explanation, and then an explanation for a paint by numbers coder
The failure of a small regional bank may not necessarily cause an economic collapse on its own. However, if the bank is heavily interconnected with other financial institutions and the broader economy, its failure could trigger a chain reaction of negative consequences that could potentially lead to an economic collapse.
Firstly, if the small regional bank is a significant lender in its local community and it fails, it could cause a wave of defaults among borrowers, including small businesses and individuals. This would lead to a decrease in economic activity in the affected region, which could spread to other regions.
Secondly, if the small regional bank is part of a larger banking network or is a member of a clearinghouse, its failure could cause a ripple effect throughout the financial system. Other banks may lose confidence in the stability of the banking system and begin to withdraw their funds, leading to a potential liquidity crisis. This could cause a credit crunch, making it difficult for businesses and individuals to access loans, which could further harm economic activity.
Thirdly, if the small regional bank holds a significant amount of deposits or assets, its failure could lead to a loss of wealth for depositors and shareholders, which could lead to decreased consumer spending and a decrease in investment.
Finally, if the small regional bank is a major player in a particular industry or sector, its failure could have broader implications for the economy. For example, if the bank is a significant lender in the real estate sector and fails, it could lead to a collapse in the housing market and cause a broader economic downturn.
In summary, while the failure of a small regional bank may not directly cause an economic collapse, it could have significant ripple effects throughout the financial system and broader economy, potentially leading to a more severe economic crisis.
Firstly, if the small regional bank is a significant lender in its local community and it fails, it could cause a wave of defaults among borrowers, including small businesses and individuals. This would lead to a decrease in economic activity in the affected region, which could spread to other regions.
Secondly, if the small regional bank is part of a larger banking network or is a member of a clearinghouse, its failure could cause a ripple effect throughout the financial system. Other banks may lose confidence in the stability of the banking system and begin to withdraw their funds, leading to a potential liquidity crisis. This could cause a credit crunch, making it difficult for businesses and individuals to access loans, which could further harm economic activity.
Thirdly, if the small regional bank holds a significant amount of deposits or assets, its failure could lead to a loss of wealth for depositors and shareholders, which could lead to decreased consumer spending and a decrease in investment.
Finally, if the small regional bank is a major player in a particular industry or sector, its failure could have broader implications for the economy. For example, if the bank is a significant lender in the real estate sector and fails, it could lead to a collapse in the housing market and cause a broader economic downturn.
In summary, while the failure of a small regional bank may not directly cause an economic collapse, it could have significant ripple effects throughout the financial system and broader economy, potentially leading to a more severe economic crisis.
A small regional bank is like a piggy bank, where people put their money. If the bank fails, it's like the piggy bank breaks and all the money falls out. This can make people sad and worried because they lost their money. It can also make it hard for people to borrow money to buy things they need. This can make the economy slow down or stop working well, like a toy that stops working when it's broken.
fuqxyu
Thank you for the alpha
- Feb 2, 2004
- 47,839
gimpshiznit
Totally not Larry
Might be their best option. Shareholders take a huge haircut and it’s better than nothing.
gimpshiznit
Totally not Larry
Assuming these banks survive, the regulations resulting from this mess will castrate them from ever getting back to their high water mark.
fuqxyu
Thank you for the alpha
- Feb 2, 2004
- 47,839
Spreading lies isn't okay just because it is in the form of a "meme". Memes can be just as useful for spreading disinformation as anything else. In fact, part of the reason why he posted it here is because he believed it was accurate. Not because he is a dum dum. But because they are extremely effective propaganda tools. From what I can tell, from reading threads that ARE full of dum dums... Is that they spread these memes thinking they are accurate... And then if someone points out why it is wrong they deflect saying "lololol it is just a meme" but continue to believe what the meme said. It is rather pathetic.
- Aug 10, 2005
- 69,990
gimpshiznit
Totally not Larry
If I was going to assume their deposit liability I’d offer them $10 with the agreement they’d assume any civil/regulatory investigation fees going forward.
zizi
OT Supporter
- Jan 11, 2005
- 7,394
At least some groups got some $ before the collapse
www.dailymail.co.uk
Silicon Valley Bank donated more than $73MILLION to Black Lives Matter
Silicon Valley Bank donated over $73 million to Black Lives Matter-related social groups in the years before it collapsed, while Signature Bank donated a total of $850,000.
- Aug 10, 2005
- 69,990
Why does zizi think BL don't matterAt least some groups got some $ before the collapse
Silicon Valley Bank donated more than $73MILLION to Black Lives Matter
Silicon Valley Bank donated over $73 million to Black Lives Matter-related social groups in the years before it collapsed, while Signature Bank donated a total of $850,000.
zizi
OT Supporter
- Jan 11, 2005
- 7,394
I didn't write that. I wrote at least they got some $ before the collapse.Why does zizi think BL don't matter
SquirtRussel
OT Supporter
good post but too long for most OTers to read it