Next "career ending" crisis already here?

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03-15-2023, 06:51 AM

#11

Excargodog

Perennial Reserve

Joined APC: Jan 2018

Posts: 11,719

Quote:

Originally Posted by AllYourBaseAreB

Poorly run banks are supposed to fail. The government stepped in early. SVB was a victim of its dumb portfolio and ridiculously narrow customer base.

Quote:

Originally Posted by DownWithNarita

What about the other 2?

Quote:

Originally Posted by AllYourBaseAreB

both heavily exposed to cryptocurrency.

And Credit Suisse?

03-15-2023, 07:53 AM

#12

AllYourBaseAreB

Gets Weekends Off

Joined APC: Dec 2019

Posts: 1,899

Quote:

Originally Posted by Excargodog

And Credit Suisse?

another awful bank with problems going back years. Can you not read the news?

Last edited by AllYourBaseAreB; 03-15-2023 at 08:35 AM.

03-15-2023, 07:54 AM

#13

aggieflyboy

Line Holder

Joined APC: May 2021

Posts: 92

Quote:

Originally Posted by Excargodog

And Credit Suisse?

The weakest European bank?

03-15-2023, 08:18 AM

#14

TiredSoul

All is fine at .79

Joined APC: Sep 2016

Position: Paahlot

Posts: 4,154

God has shown you the way out of every crisis.
We should all invest in Gold and Silver and buy Supplements , lots of Supplements.

03-15-2023, 08:58 AM

#15

GogglesPisano

Gets Weekends Off

Joined APC: Sep 2013

Position: On the hotel shuttle

Posts: 5,840

The media makes money by scaring people. COVID, racist cops, shark attacks, terrorism, monkeypox, food recalls, mass shootings, flesh-eating bacteria...

The Economist puts out an annual chart of things we should be scared of. It's none of the above.