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I’m not sure how much US pension funds are allowed to make bets like this. They may have stocked up on the low interest treasuries like SVB and the real value of their balance on those is much less also but they probably aren’t reflecting that just like SVB didn't until they had to sell.
1 posted on 03/14/2023 3:00:31 AM PDT by PK1991
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To: Kenny Bania

Femty kroner.....how much is THAT?

Then there’s The Gap in Rome...

That’s my apple juice!

https://www.youtube.com/watch?v=DZySt3i2qm4

No, wait...That’s another ten kroner.


2 posted on 03/14/2023 3:39:55 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: PK1991
Why in the world would anyone leave a large amount of cash in a single bank? It is uninsured and undiversified.

The most conservative thing to do is leave cash in T-Bills. If you have a large treasury operation, you could diversify over a wide range of products like commercial paper and other short-term investments. As always, credit and diversification are absolutely key.

After that, one might consider spreading it (a large cash pile) over open-ended money market funds (after taking a very careful look at who is running and sponsoring such funds and what their investment criteria are).

3 posted on 03/14/2023 3:40:56 AM PDT by RoosterRedux
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To: PK1991

Now we can see why the Biden administration HAD to make all SVB depositors “whole.”

This bank was a haven for government pension funds of OTHER NATIONS.

You can see how these nations have become “obedient slaves” to the foreign policies of the USA - especially the warmongering policies.

Our U.S. banking system is much more of a house of cards than most of us ever knew.

Our financial system is going to collapse.


4 posted on 03/14/2023 3:43:58 AM PDT by Gnome1949
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To: PK1991

Sorry, Norway. Park’s closed. Moose out front should have told ya.


5 posted on 03/14/2023 3:44:44 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: PK1991

Somewhere, in the world, bets are being made as to how soon the American economy will crash


13 posted on 03/14/2023 4:49:33 AM PDT by no-to-illegals (The enemy has US surrounded. May God have mercy on them.)
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To: PK1991

I saw an article yesterday, maybe here. It said at the time of the collapse and before the ban was spending considerable tome organizing several woke (we are talking big) events like LGBTQ+-%/= etc.

Imagine, the idiots were spending their time on social events while the company was sinking.


14 posted on 03/14/2023 5:00:40 AM PDT by Phoenix8
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To: PK1991
were valued last week at a combined 2.8 billion Norwegian kroner ($263.3 million), it said Monday.

How much are those investments valued this week?

19 posted on 03/14/2023 5:38:13 AM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)
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To: PK1991

norwegian losses are chump change compared to the size of their fund.


23 posted on 03/14/2023 7:16:44 AM PDT by ckilmer (q)
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