@DrEliDavid If your reading comprehension were better you would see that it doesn't say humanity will be wiped out in 5 years. It says, humanity will be wiped out (at some point) unless we stop using fossil fuels by 2023. Totally different than what you're suggesting.
@Cernovich and your econ. and enviro. plan for the future is what? continue to pollute with carbon and be at the mercy of big oil for the rest of eternity? forget global warming, just diversifying energy sources is of the utmost importance. Alt energy is the future, US can lead or lose.
@zerohedge lets be real, the diversity hires arent running the business. The old white guys that fucked up this time are the same ones that were in charge at every major institution during 2008 and they would never allow it.
@zerohedge BTFP is a loan against bank collateral. And SVP and Sig bank deposits shortfalls are from FDIC insurance fund. Please do tell where you are you getting $300B from?
@RayDalio do you believe what you do at bridgewater is a worthwhile endeavor? It seems you enjoy it but is it worthwhile or is it a means to an end to support your family, friends and causes that have meaning to you?
@zerohedge the facility covers deposits not losses. Please do tell where all the deposits will go if they arent in C, bofa, citi, Wf? The fed isnt covering anything at these banks. What am I missing?
@zerohedge please governor desantis, keep sending your immigrants to Democrat cities. They'll bust their asses working or start a business, pay taxes and then cover the damages in your shit state during the next hurricane.
@zerohedge most of them run by democrats. Meanwhile repubs just living off the tax revenue. Man, they would be so screwed if they didnt have those democrat run states and cities they hate so much.
@zerohedge the equity and the bonds are goners, so who really cares. Let the execs and investors eat the losses and give depositers back their money and move on.
@zerohedge during lehman there were real underlying credit issues, mortgage deliquencies, supply gluts, unemployment spiking. SVB is solely from fed rate increases and the market freaking about unrealized losses. I dont see the same contagion here.
@juicemaster@elonmusk@Resist_05 climate change debate needs to be reframed so conservatives stop getting their panties in a bunch. Forget about climate change. There's billions of tons of plastic in the ocean (and oil spills!), smog and pollution in the air and toxic chemicals in our water. do it for your kids