Regulators blame social media for SVB’s rapid collapse: ‘Complete game changer’. It’s our fault on Twitter for talking about their lousy risk management.

Source:https://t.co/HE36FKAOEt — Wall Street Mav (@WallStreetMav) March 29, 2023 Fed Vice Chair Barr is testifying today that banks need more stringent "stress testing." What a joke. A bright high-school kid with a spreadsheet could see SVB was insolvent. What's needed …

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The recession is here, the market crash is next.

The recession is here, the market crash is next. pic.twitter.com/WYYu42DG3B — Financelot (@FinanceLancelot) March 29, 2023 The #economy is ~70% consumption. #Revenue/#Earnings come from #economic activity. #Inflation provides pricing power for #margins.If the economy is slowing down, and inflation is …

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Paris Protests Turn Violent

by Chris Black I stand with the violent French revolutionaries against their ZOG government. L'ambiance se chauffe à Paris. De gros feux sont allumés. La police vient de charger le cortège de tête (@Ab7Media)#greve28mars #Manif28Mars #France #ReformeDesRetaites #manifestation #Revolutionpic.twitter.com/xiZxtaK52F — …

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Massive protests and strikes in France and Israel. Strikes in Germany “paralyze” the country’s economy. CNN estimates 900,000 are protesting in France. BBC estimates up to 500,000 protested in Israel.

by Settlemente This is especially for those struggling with black pills. While it may seem progress against the sociopaths running the insane asylum has been limited, people all across the world are fighting against the tentacles of tyranny every day. …

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Congress is preparing a bipartisan PATRIOT Act sequel to completely destroy the Internet as we know it

by Kuranes_ov_Celephais “and for other purposes” Just your standard ambiguous phrase so they can stuff anything and everything they want under the umbrella. Full text is here: https://www.congress.gov/bill/118th-congress/senate-bill/686/text Highlights include allowing the feds to access any of your software or hardware, …

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Next Domino – Bank of Spain

BANK OF SPAIN DIRECTOR GENERAL: SPANISH BANKS HAVE DIRECT EXPOSURE TO CREDIT SUISSE OF BETWEEN €300 MLN TO €400 MLN. — Stockeys (@Stockeys1) March 28, 2023 Bank of Spain sees turmoil rising funding costs, requiring liquidity sourcing review https://t.co/VqF5MeqyG8 pic.twitter.com/5HHE4mZ8DV …

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These governments are absolutely clueless …

by BoatSurfer600 They are literally trying their best to lose this economic war with the East.   via brusselstimes A planned ban on all new combustion engine vehicles in 2035 has formally been approved by representatives of the 27 EU Member …

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Alleged Leaked Text Messages from the Nashville Trans Shooter of Children Shortly Before the Shooting Took Place – Breaking911 Confirms

View post on imgur.com View post on imgur.com UPDATE: Audrey "Aiden" Hale messaged a friend from middle school on Instagram minutes before the deadly rampage at The Covenant School in Nashville – WTVFhttps://t.co/zUAX9VqwRg pic.twitter.com/IJ34bm0vPu — Breaking911 (@Breaking911) March 28, 2023 …

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4.7 TRILLION IN NEW TAXES

by Chris Black Enjoy the start of the work week. Q: Isn’t it a fact that the president’s proposed budget proposes $4.7 trillion in new taxes? Sec. Yellen: It does propose significant additional taxes, yes. Q: $4.7 TRILLION? Sec. Yellen: …

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Every Christian In America Is A Target Now

by Michael This is what happens when you systematically suck all of the values out of a society.  There is utter lawlessness in the streets, and violence can literally erupt anywhere.  On Monday, a mass shooter ruthlessly gunned down six Christians at …

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Credit spreads have room for increase

High bond volatility amidst banking crisis suggests that corporate credit spreads remain too tight and may widen significantly in line with the MOVE Index movement. What are your thoughts on this? High #bond #volatility amidst banking crisis suggests that corporate …

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If you look at Deutsche Bank’s balance sheet things look pretty similar to Credit Suisse before failure

by Pengufen Deutsche Bank balance sheet: https://investor-relations.db.com/files/documents/annual-reports/2023/Annual-Financial-Statements-of-Deutsche-Bank-AG-2022.pdf Credit Suisse balance sheet: https://www.credit-suisse.com/about-us/en/reports-research/annual-reports.html (2022 Consolidated financial statement) Most of their assets are illiquid and their reserve and cash on hand balance has shrunk by about 50% from a year ago. The same thing happened to …

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CFTC Sues Binance

by Chris Black FYI Binance is world’s biggest centralized exchange for crypto and they have a strict KYC policy. Exactly who is being hurt by crypto companies?? Who are they protecting with all these SEC actions? Oh wait… criminals hate …

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A bank (First Citizens) that has been on a steady decline since October of 2022 buys the assets of a failed bank (Silicon Valley) and the stock price for the purchasing bank goes up $250 (43%). This story gets crazier by the minute.

by BuzzMonkey “It took Mr. Gruenberg’s agency roughly two weeks to find a buyer for parts of the bank, and FDIC agreed to give Raleigh, N.C.-based First Citizens a $16.5 billion discount on $72 billion in loans and a pledge …

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