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Biden says 'US banking is safe' as shares plummet up to 74% in pre-market trading despite president's guarantee scheme for SVB and Signature Bank - amid fears of a rout when stock market opens at 9.30am
Daily Mail UK ^
| UPDATED: 10:01 EDT, 13 March 2023
| By ROSS IBBETSON
Posted on 03/13/2023 7:11:22 AM PDT by Red Badger
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To: COBOL2Java
Dow is now up 240 point. Thanks, Brandon.
61
posted on
03/13/2023 8:05:06 AM PDT
by
griswold3
(Truth, Beauty and Goodness ; Quos Deus vult perdere, prius dementat)
To: americas.best.days...
To: Red Badger
Sheesh..... Demeneted Unca Joe’s underpants aren’t even ‘safe’ from his constant sharts. How can he stand up there and say he knows the banks are safe. Go change your drawers, Skidmark.
63
posted on
03/13/2023 8:13:08 AM PDT
by
Gaffer
To: americas.best.days...
Fetterman and Biden discussing the banking crisis.
64
posted on
03/13/2023 8:16:56 AM PDT
by
Major Matt Mason
(To solve the Democrat problem, the RINO problem must first be solved.)
To: Red Badger
True, and maybe the rest of the market is thinking the problems in the banking sector put pressure on the Fed to back off on interest rate hikes. One of those deals where bad news is good news.
To: Red Badger; ClearCase_guy
What happened to post #16?
66
posted on
03/13/2023 8:28:53 AM PDT
by
WildHighlander57
((the more you tighten your grip, the more star systems will slip through your fingers.) )
To: WildHighlander57
67
posted on
03/13/2023 8:30:19 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger; FRiends
"I can't can’t decide if this looks more like 1929, 1987 or 2008..."
No, it's definitely, '1984.'
68
posted on
03/13/2023 8:32:46 AM PDT
by
Diana in Wisconsin
(I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
To: WildHighlander57
My bad. I quoted a movie and the quote did contain some bad language. I should have cleaned it up.
69
posted on
03/13/2023 8:33:00 AM PDT
by
ClearCase_guy
(“You want it one way, but it's the other way”)
To: Tell It Right
70
posted on
03/13/2023 8:37:29 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: Diana in Wisconsin
True dat!......................
71
posted on
03/13/2023 8:37:53 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
When Biden talks….people panic.
72
posted on
03/13/2023 8:38:48 AM PDT
by
right way right
(May we remain sober over mere men, for God really is our only true hope. )
To: right way right
He’s the antithesis of EF HUTTON...............
73
posted on
03/13/2023 8:43:01 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
perhaps someone needs to establish an “Inverse Biden Tracking ETF” like was done for Jim Cramer and Cathie Wood ...
74
posted on
03/13/2023 8:51:47 AM PDT
by
catnipman
(In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
To: Red Badger
Whatever happened to winners and losers and risk management? Let those who failed fail, instead of arbitrarily propping them up. Those startups with good business plans and diversified banking can survive, those with good business plans and poor banking diversification can go back to their venture capitalists and plead for more funding, and they’d get it because they have a good model. Those with shitty business models should’ve been allowed to fail, instead we’ve artificially propped them up by bailing out SVB so that the champagne can continue in the Democratic Party donor tech world.
To: Red Badger
After years of fraud and abuse at the FBI, DOJ, FISA, DHS and other branches of the FedGov, I don’t trust anything coming from them - or the media to properly investigate what’s really going on.
76
posted on
03/13/2023 9:22:38 AM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money)
To: Red Badger
Yeah the banking industry is as safe as his daughter in the shower..notice he blamed Trump..gee what else is knew..lets have ourselves a good think shall we..how many banks failed under Donald Trump..oh I know I know..ZERO..how many failed under rapist Joe Biden, oh I know I know..TWO SO FAR
To: Sarah Barracuda
78
posted on
03/13/2023 9:26:36 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Mozzafiato
Never put all your baskets in one egg. It might be Humpty-Dumpty.......................
79
posted on
03/13/2023 9:30:35 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
So much for Brandon’s Wile E. Coyote plan to collapse the Ruble.
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