Get a whiff of this

[Gunfighter14e2]

3 card Monty is slipping,...

BIDENOMICS: $517 Billion in Unrealized Losses Cripple US Banking System, 63 Lenders Teeter on the Brink of Insolvency, FDIC Reports | The Gateway Pundit | by Jim Hᴏft

A ticking time bomb.

www.thegatewaypundit.com

 

[lash]

Charts from the article:

Of note and contrast is that unlike 2008, which was mostly large banks and private real estate loans and the junk derivatives that were allowed at the time, these are mostly smaller regional banks specializing in commercial loans. The Covid 19 shutdown bears the largest responsibility next to the fed itself, for allowing these banks to carry such small percentages to cover for defaults.

This will work out great for the giants of the banking industry, as they’ll “step in” to help out and thus remove those thorny small time banks as competition.

 

[wvfarrier]

At some point, the US is going to have to sell Alaska and Hawaii, possibly California

 

[softcock]

If this Info Link is legit info ? Sounds Like ? , What I am 'sniffing' out is just another Banking Bailout on the backs of US taxpayer that is the usual M.O. for Billions-$$$ to flow back into the investment class . Is just the same repeat with Same Beltway power Regime. Just replace the name Obama 'Emergency Economic Stabilization Act of 2008' Fiscal Bailouts. But with another ( xxxxName ) Bank stabilization act, Bailout .

The Credit Card is Wide-Open Platinum Zero Limit to the US Economic Debt... So ... Ka-Ching $$$$$ cashin in while the gettins good.
-

 

[mosin46]

At some point, the US is going to have to sell Alaska and Hawaii, possibly California

can't we just give kali away? even that would save us big $s.

 

[The D]

At some point, the US is going to have to sell Alaska and Hawaii, possibly California

Give Hawaii back to the natives, let California break away to be their own democrat utopia, slash taxes & spending, get rid of most business laws/regulations so it’s easier to save money and/or profit from a business. You know, like the constitutional republic is supposed to be run

 

[mosin46]

zuckerberg,ophra et al would have to be the ones to give it back. burn it up,buy it up. good idea though lose another communist state. .

 

[Gunfighter14e2]

I would not give land or anything away, simpler to just disappear the top fucks, the rest will lock step to the new rules.

 

[The D]

zuckerberg,ophra et al would have to be the ones to give it back. burn it up,buy it up. good idea though lose another communist state. .

Not really, if they’re not going to be protected by US laws anymore they don’t have much of a choice.

This is just a cute thought experiment though. Giving up HI isn’t going to happen for a long time

 

[DarnYankeeUSMC]

Not possible. Dodd Frank Act after the 08 crash insured the people that this wouldn't happen again

Russia disinformation

 

[Ronws]

At some point, the US is going to have to sell Alaska and Hawaii, possibly California

Please start with California. I say that and I was born in Los Angeles, California in 1964.

 

[KYAggie]

My question is, is there a list of banks that are in this mess or are all banks caught up in this?

 

[101st]

Please start with California. I say that and I was born in Los Angeles, California in 1964.

 

[Short-bus]

Only going to be a problem if real estate prices crash, or if millions of people start to empty their accounts. Things did get a bit dicey when people were emptying savings accounts to buy treasuries and bonds that were paying out over 5%. That got banks a bit worried.

The fed can steer clear of disaster by buying hold to maturity bonds back at face value, just have to have the right strings attached to them to ensure that once the banks solve their liquidity problems, they repurchase those bonds at the same rates and maturity dates. Ensure they don't use those funds to pay bonuses, make new loans, or purchase more profitable investment instruments. Give those banks liquidity when they need it, without the penalty that would create doubt in the financial system.

Branden

 

[sirhrmechanic]

At some point, the US is going to have to sell Alaska and Hawaii, possibly California

Ok with Hawaii and California. But Alaska had too much strategic stuff.

We should just sell Canada instead.

I mean how are they going to stop us?

Sirhr

 

[Franko]

The Fed will just print enough money to buy the securities at face value from the banks and make it all go away. Of course there will be some fat consulting and management contracts given to the politically connected but after all, it's only taxpayer money...

 

[Big Phish]

can't we just give kali away? even that would save us big $s.

Build a wall around that 3rd world shithole and cut off all water flow while we at it.

 

[lash]

My question is, is there a list of banks that are in this mess or are all banks caught up in this?

I did not look them up, but yes, it is mostly certain regional banks that specialize in commercial real estate and business loans. It’s a niche market that can do well, but the Fed relaxed reserve requirements during good times….

It is not all banks. Look at the second chart I posted above from the article. It looks like about 40 something banks involved. Mostly smaller regional banks.

 

[Inifinty]

Only going to be a problem if real estate prices crash, or if millions of people start to empty their accounts. Things did get a bit dicey when people were emptying savings accounts to buy treasuries and bonds that were paying out over 5%. That got banks a bit worried.

The fed can steer clear of disaster by buying hold to maturity bonds back at face value, just have to have the right strings attached to them to ensure that once the banks solve their liquidity problems, they repurchase those bonds at the same rates and maturity dates. Ensure they don't use those funds to pay bonuses, make new loans, or purchase more profitable investment instruments. Give those banks liquidity when they need it, without the penalty that would create doubt in the financial system.

Branden

Why are we still playing a rigged game where we happily trade our value for credits that are generated from absolutely nothing?

It's like buying into a game of musical chairs where there aren't enough seats to go around once the music stops.

 

[hlee]

can't we just give kali away? even that would save us big $s.

If you're going to ditch states based on how much they cost, ditch the ones in dark and med-dark green...

 

[sirhrmechanic]

If you're going to ditch states based on how much they cost, ditch the ones in dark and med-dark green...
View attachment 8433564

Can I just buy Vermont then? Kick all the hippie shit put and turn it into a big rifle range?

Sirhr

 

[lash]

Can I just buy Vermont then? Kick all the hippie shit put and turn it into a big rifle range?

Sirhr

I don’t know? Can you?

I like the way you think though.

 

[sirhrmechanic]

I don’t know? Can you?

I like the way you think though.

Have to wait until the “new” Government auctions it off.

By then I’ll be the biggest landholder anyway.

Sirhr

 

[Short-bus]

Why are we still playing a rigged game where we happily trade our value for credits that are generated from absolutely nothing?

It's like buying into a game of musical chairs where there aren't enough seats to go around once the music stops.

Is it rigged though? Or are you (and me and so many others) just not wealthy enough to be able to play that game? The game of musical chairs we're playing, the music doesn't stop as much as it slows down, and speeds up, and once in a while, it skips. Now when it skips, people scramble for chairs, and people fall, trip, find their chair they thought they had got snagged away from 'em, but after a brief period of chaos, all found a chair, and one person is fucked, only to find that the music just skipped...it didn't stop completely. Then everybody gets back up, slowly at first, but eventually they're all back dancing around and playing the game.

Sure, the super rich have a whole set of advantages you don't, but they aren't playing the same game. Don't act like you wouldn't use the same tools if you found yourself at that level of the game. It's not that the game you're playing is rigged, you're just playing a very different game. The more time you're spending paying attention to what others are doing, the less time you're paying attention to what you should be doing.

Branden