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Mic Drop

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Everything posted by Mic Drop

  1. Mic Drop

    It would take just 0.16% of value locked into the US Stock Market moving to Bitcoin to move the price to $1m a coin.

    1. Mic Drop

      Mic Drop

      I say this because:

      Balaji thinks:

      - Most banks are insolvent in US

      - BTC goes to 1mil in 90 days

      - Hyperinflation is imminent

      - Converted 99% of nw to BTC

      - US civil war happens

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    Weimar Republic Germany (Inflation)

     

     

    1. Mic Drop

      Mic Drop

      People underestimate the possibility of hyperinflation in the US and overestimate the chaos it would cause.

  5. Mic Drop

    Fractional Reserve banking is at the root of the banking crisis.

  6. Mic Drop

    SWITZERLAND PREPARES EMERGENCY MEASURES TO DELIVER UBS TAKEOVER OF CREDIT SUISSE: FT CS was about to blow up

    1. Mic Drop

      Mic Drop

      "outflows from Credit Suisse topped Sfr10bn ($10.8bn) a day late last week as fears for its health mounted." - FT This was around the time the ECB hiked 50bps.

    2. Mic Drop

      Mic Drop

      10,000 jobs may have to be cut if UBS buys Credit Suisse: RTRS

  7. Mic Drop

    'Jerome H. Powell, the chair of the Federal Reserve, blocked efforts to include a phrase mentioning regulatory failures in the joint statement released early Sunday evening by the Fed, the Treasury Department and the Federal Deposit Insurance Corporation.' NYTIMES

    1. The Librarian

      The Librarian

      censorship is rampant in the modern "big brother" USA ....  maybe I should say "worldwide"

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  21. Mic Drop
    Compare the "Available for sale" number to the number below it.... = insolvency?
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  25. Mic Drop
    Their stock price is down >40% over the last month First Republic Bank's stock has been halted again due to circuit breaker rules after falling by 22%. This is the second time in a week that the First Republic Bank's stock has been halted due to a steep decline.
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