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Beware the Ides of March


               
2023 Mar 15, 8:57am   794 views  16 comments

by RayAmerica   follow (0)  

Credit Suisse Shares Crash as Banking Crisis Goes Global

Shares of Swiss banking giant Credit Suisse fell by more than 20 percent and the cost of insuring its bonds against default soared on Wednesday after its biggest shareholder said it would “absolutely not” provide additional support.
https://www.breitbart.com/economy/2023/03/15/credit-suisse-shares-crash-as-banking-crisis-goes-global/

How many more of the big banks will be exposed for what they are, a giant Ponzi scheme?

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1   Tenpoundbass   @   2023 Mar 15, 8:59am  

Good Good Excellent. I want everyone so destitute poor, than an angry rabble seeks out every Democrat voter with pitchforks and pick axes.
2   RayAmerica   @   2023 Mar 15, 9:03am  

First Republic cut to junk status, Big Four US banks hammered and Credit Suisse shares down more than 25% - as BlackRock CEO Larry Fink warns 'more shutdowns are coming' after SVB collapse
https://www.dailymail.co.uk/news/article-11862725/Credit-Suisses-biggest-backer-says-cash-share-fifth.html
3   DhammaStep   @   2023 Mar 15, 9:04am  

Tenpoundbass says

seeks out every Democrat voter with pitchforks and pick axes

How is that going to work? I live in Democrat central but myself and many others don't vote Dem. Are you just going to pitchfork us all due to proximity?
4   RayAmerica   @   2023 Mar 15, 9:08am  

US Banking System Outlook Downgraded to ‘Negative’

https://www.theepochtimes.com/moodys-downgrades-entire-us-banking-system-outlook-to-negative_5122189.htmlutm_source=partner&utm_campaign=TheLibertyDaily&src_src=partner&src_cmp=TheLibertyDaily?utm_source=share-btn-copylink
Credit ratings agency Moody’s Investors Service downgraded its outlook for the U.S. banking system on Tuesday after the rapid declines and collapses of Silicon Valley Bank, Signature Bank, and Silvergate Bank in recent days.

The prominent ratings agency said it “changed to negative from stable our outlook on the U.S. banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and the failures of SVB and SNY,” Moody’s said in a Monday afternoon report. “Operating conditions have sharply deteriorated,” it also said in a note, according to multiple news outlets.
5   Tenpoundbass   @   2023 Mar 15, 9:17am  

DhammaStep says

How is that going to work? I live in Democrat central but myself and many others don't vote Dem. Are you just going to pitchfork us all due to proximity?


I was told by a couple Liberals post 2016 "If Trump crashes the economy and I lose my house, I'm going to blame you!"
6   RayAmerica   @   2023 Mar 15, 9:35am  

After destroying a thriving economy, and, after shrinking the Carters, the worst President in history will deliver the eulogy for the 2nd. worst President in history.

Joe Biden says Jimmy Carter has asked him to deliver his eulogy
https://www.theguardian.com/us-news/2023/mar/14/joe-biden-jimmy-carter-eulogy


7   RayAmerica   @   2023 Mar 15, 9:47am  

Banks, Banks, Banks: The Elephant Nobody Even Sees

Our faith in the wobbling world of hyper-financialization will soon be tested.
https://charleshughsmith.blogspot.com/2023/03/banks-banks-banks-elephant-nobody-even.html

The reason why nobody even sees this elephant is we've come to believe "it's always been this way" and "this is the natural order of things." Both are false. Yes, debt and lending have been integral to "money," trade and civilization from the beginning, as David Graeber so memorably detailed in his book Debt: The First 5,000 Years. But essential isn't the same as dominant.
8   richwicks   @   2023 Mar 15, 9:57am  

RayAmerica says

After destroying a thriving economy, and, after shrinking the Carters, the worst President in history will deliver the eulogy for the 2nd. worst President in history.

Joe Biden says Jimmy Carter has asked him to deliver his eulogy
https://www.theguardian.com/us-news/2023/mar/14/joe-biden-jimmy-carter-eulogy





I lost a lot of respect for Carter over the years. It would be interesting to look over the financials of Habitat for Humanity to see if that wasn't just a grift.
9   HeadSet   @   2023 Mar 15, 10:59am  

RayAmerica says

After destroying a thriving economy, and, after shrinking the Carters, the worst President in history will deliver the eulogy for the 2nd. worst President in history.

Joe Biden says Jimmy Carter has asked him to deliver his eulogy
https://www.theguardian.com/us-news/2023/mar/14/joe-biden-jimmy-carter-eulogy




That photo does not even look real. It as if the Bidens were photoshopped in and the wrong size was set. The Carters almost look like dolls. Even so, I wonder why one of the most honest Presidents would want the most corrupt President to eulogize him.
10   clambo   @   2023 Mar 15, 11:06am  

What is ironic is Carter was very active in promoting secure fair voting in other countries.
He's not a dope; he knows statistically Biden winning had a small likelihood.
He also never would support vote (fraud) by mail in a foreign country.

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