@EarnMayo the market you are beating are 13 year olds who put their savings in a colorful jpg in the hope to get rich quick. dry your mouth Gavin. Add some value to society you fool
@dkoedijk@WallStreetSilv @SlapnDatAsk (2/2) also they discuss what to do in case a bank goes bankrupt. The legal framework here I do not understand.
Im from the financial sector and I can feel something is melting. Credit Suisse is something to have a better look at.
@dkoedijk@WallStreetSilv @SlapnDatAsk thank you for sharing the link. I think the recorded discussion does have something to do with the shared document. And I think it is something more worrisome they are talking about.
Basically it means banks run out of cash.
And the officials discuss how to tell public. (1/2)
Lost in all this is the fact that retail will literally be unable to buy the bottom as ftx and coinbase are both horribly fked right now.
Accredited people can through OTC desks, but everyone else is stuck with like robinhood. Not a whole lot of reliable on-ramps left for people
@paalvitre@nbougalis Iโd love to say โyep, I did that!โ but he was born his own person.
Thereโs this quote that I freaking hate and makes me cry, but only because itโs true.