Slow motion collapse of South africa

A genius move in Mordor, is the stealing of metal for scrap. Now, in 2022, the dickheads were warned: https://imgur.com/a/7RnpxWY Then last night: So epic it’s in the Washington post https://www.washingtonpost.com/world/2023/04/10/south-africa-pylons-collapse-pretoria/aff890a4-d7a1-11ed-aebd-3fd2ac4c460a_story.html So yes,this is the effects of ebonics. Rapid decay …

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‘The resulting erosion of collateral will collapse the global credit bubble, a repricing/reset that will bankrupt the global economy and financial system.’

CHARLES HUGH SMITH: Global Bankruptcy Already Baked In Scrape away the complexity and every economic crisis and crash boils down to the precarious asymmetry between collateral and the debt secured by that collateral collapsing. It’s really that simple. In eras of easy credit, both creditworthy …

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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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FRC IS IN FULL COLLAPSE MODE

$FRC IS IN FULL COLLAPSE MODE -41% *** — The_Real_Fly (@The_Real_Fly) March 20, 2023 First Republic Bank Shares Crash to New Record Low, JPM’s Dimon Reportedly Leading Another Rescue Effort

Credit ratings for 6 giant banks to be downgraded

via Dailymail: Credit agency Moody’s put six banks on watch for a potential downgrade. First Republic, Zions, Western Alliance, Comerica, UMB Financial and Intrust Financial are all being reviewed over ‘extremely volatile funding conditions for some US banks exposed to …

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