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FinancialNews

Community for : 2.1 years

Informational news & analysis on the US financial system.

Owner: FuckShitJesus

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15
Citizens Bank goes bust     (www.fdic.gov)
submitted by FuckShitJesus to FinancialNews 1.5 years ago (+15/-0)
26 comments last comment...
https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/citizensbank.html

Immediately changes hands to Iowa Trust & Savings Bank.

Everything is going to continue to fail upward.
7
71% of Chinese property bonds are now in default ($124.5 Billion)     (www.reuters.com)
submitted by FuckShitJesus to FinancialNews 1.5 years ago (+7/-0)
1 comments last comment...
https://www.reuters.com/world/china/chinas-troubled-property-sector-face-more-debt-defaults-2023-10-20/

71% of a $175B market in default. Can't print your way out of that one.
13
St. Louis Fed (FRED) data: Credit card delinquencies at small banks just hit 7.51, the highest ever recorded     (fred.stlouisfed.org)
submitted by FuckShitJesus to FinancialNews 1.5 years ago (+14/-1)
14 comments last comment...
https://fred.stlouisfed.org/series/DRCCLOBS

Burn, baby, burn. The Roman Empire 2.0 is about to test how far that bread and circuses thing will last before the inevitable backlash.
11
Subprime Auto loans hit highest delinquency rates recorded since 1994     (www.zerohedge.com)
submitted by FuckShitJesus to FinancialNews 1.5 years ago (+12/-1)
15 comments last comment...
https://www.zerohedge.com/markets/subprime-auto-loan-delinquency-erupts-reaching-highest-rate-record

Subprime defaults are back, baby.

All those $1,000/m car payments and new loans being issued for people who are about to default on the previous upside down loan.. is only going to last so long in this Pedo Joe Bribem economy.
1
current sentiment on the stock markets     (files.catbox.moe)
submitted by boekanier to FinancialNews 1.5 years ago (+1/-0)
0 comments...
7
China is offloading US dollars and buying yuan     (twitter.com)
submitted by Spaceman84 to FinancialNews 1.8 years ago (+8/-1)
4 comments last comment...
9
SBF (FTX scammer) walks as DOJ begins dropping charges     (www.dailyfetched.com)
submitted by FuckShitJesus to FinancialNews 1.9 years ago (+9/-0)
1 comments last comment...
21
I guess people don't like the truth - Activist investor addresses the truth about Gates at the Berkshire Hathaway shareholder meeting     (files.catbox.moe)
submitted by ParnellsUprising to FinancialNews 2.0 years ago (+22/-1)
17 comments last comment...
14
PacWest is fucked     (www.zerohedge.com)
submitted by FuckShitJesus to FinancialNews 2.0 years ago (+15/-1)
12 comments last comment...
1
Regional banks are fucked     (www.zerohedge.com)
submitted by FuckShitJesus to FinancialNews 2.0 years ago (+2/-1)
1 comments last comment...
5
IMF creates a digital SDR - "UMU" token, a Central Bank Digital Currency for the globalists     (finance.yahoo.com)
submitted by FuckShitJesus to FinancialNews 2 years ago (+7/-2)
7 comments last comment...
17
Top US Banks, ranked by uninsured deposits     (files.catbox.moe)
submitted by FuckShitJesus to FinancialNews 2 years ago (+17/-0)
16 comments last comment...
6
The Yuan has formally displaced the Dollar with the highest share by volume on forex trading     (www.rt.com)
submitted by FuckShitJesus to FinancialNews 2 years ago (+9/-3)
12 comments last comment...
https://www.rt.com/business/574518-yuan-displacing-dollar-russia/

The beginning of the end.

Finally, the corrupt tyrannical empire begins to bleed out from a mortal wound.

It's unfortunate, we had to get so far gone with this system before we have any chance of creating a new one.
2
How much has the US spent? ~ Report: China Has Spent $240 Billion ‘Rescuing’ Belt and Road Countries to Save Its Own Banks     (www.breitbart.com)
submitted by ParnellsUprising to FinancialNews 2 years ago (+2/-0)
0 comments...
6
Increase interest rates, deflate the balance sheet, to control the inflation you say...     (nitter.net)
submitted by ParnellsUprising to FinancialNews 2.1 years ago (+6/-0)
0 comments...
0
FED's Emergency Lending program to be expanded to bailout First Republic & other banks     (archive.is)
submitted by FuckShitJesus to FinancialNews 2.1 years ago (+1/-1)
1 comments last comment...
https://archive.is/D4Gf0

This is the best these geriatric faggot jews like Yellen can come up with - steal from the kids by kicking the can down the road.

This shit is gonna snap soon.
52
Printer goes Brrrrrrrrrrrrrrr     (files.catbox.moe)
submitted by Rotteuxx to FinancialNews 2.1 years ago (+53/-1)
61 comments last comment...
5
Less than 24 hours into the panic merger of Credit Suisse & UBS, Swiss Government now considers complete Nationalization of CS (moar bailouts!)     (www.zerohedge.com)
submitted by FuckShitJesus to FinancialNews 2.1 years ago (+5/-0)
1 comments last comment...
https://www.zerohedge.com/markets/ubs-offers-buy-credit-suisse-1bn-025-share-takeunder-cs-balks-offer

Called this shit last week. Vegas betting odds currently has SNB absorbing CS and then the FED will just bailout SNB.
4
Terrible deal for everyone but the banks: UBS agrees to buy CS for $2B + $100B bailout by SNB     (archive.is)
submitted by FuckShitJesus to FinancialNews 2.1 years ago (+4/-0)
1 comments last comment...
https://archive.is/gPj03

Honk honk. FED bails out SNB next and this entire thing continues to fail upward.
5
Commodities market     (files.catbox.moe)
submitted by UncleDoug to FinancialNews 2.1 years ago (+5/-0)
3 comments last comment...
10
Credit Suisse bailed out by Swiss National Bank - $54B, the grift that just keeps giving     (www.cbc.ca)
submitted by FuckShitJesus to FinancialNews 2.1 years ago (+11/-1)
6 comments last comment...
https://www.cbc.ca/news/business/credit-suisse-shares-recovering-1.6780519

Churn & burn that currency debasement, baby.

It pays to be a bank. Make all the bad bets you can, give endless bonuses to your executives, and get bailed out when you fail.

Ever tried to start a bank? Guess what - you can't unless all the others vote you in!

George Carlin put it best: "It's a big club.. AND YOU AIN'T IN IT!"
45
It only took a few hours for the criminal scum at the FED to go from "no bailouts for SVB" to creating a new term for a bailout - "Emergency Measures"     (www.washingtonpost.com)
submitted by FuckShitJesus to FinancialNews 2.1 years ago (+46/-1)
27 comments last comment...
https://www.washingtonpost.com/us-policy/2023/03/12/silicon-valley-bank-deposits/

Here comes more theft from the taxpayers to pay the criminals.

Are you not entertained?
14
SVB <3 BLM     (beckernews.com)
submitted by shitface9000 to FinancialNews 2.1 years ago (+14/-0)
3 comments last comment...
13
Wells Fargo has liquidity problems: files for a $9.5b offering     (www.msn.com)
submitted by FuckShitJesus to FinancialNews 2.1 years ago (+13/-0)
6 comments last comment...
https://www.msn.com/en-us/money/companies/wells-fargo-files-for-9-5b-mixed-shelf-offering/ar-AA18DgvW

Couldn't happen to a nicer bunch of assholes.

Get your cash out while you can. SVB was (probably) a fluke, and it will (probably) become politically toxic to continue bailing out everyone.
8
Credit Suisse on the brink as top investor declares no further investment into financially troubled bank     (www.zerohedge.com)
submitted by FuckShitJesus to FinancialNews 2.1 years ago (+8/-0)
0 comments...