The death of the dollar?
POSTED BY: SIGNYM
UPDATED: Sunday, August 23, 2026 15:35
VIEWED: 15891
PAGE 10 of 15
Dodd Frank is notoriously complicated. I have no idea what its capitalization requirements are and what the stress tests consist of and I'll bet you don't either.
But knowing how MSN loves to take potshots at Trump, I noticed that they hedged their statements. "claimed" "may have". Maybe they don't want to get sued for libel publishing something they were almost certin wasn't true.
But like I posted, that's neither here nor there AFA the value if the dollar.
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Pity would be no more,
If we did not MAKE someone poor - William Blake
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Quote:
Originally posted by second:Quote:6ix, there was $175 billion in that bank. How much was lost? $15 billion. The depositors will get back around $160 billion. 6ix, you write as if the depositors lost all $175 billion, which strongly suggests you are a nincompoop about how banks work.
Originally posted by 6IXSTRINGJACK:
The Woke took full advantage of that VC while it was available and destroyed any value that their portion of it had.
Between that and GPT, all of those millennials and old zoomers with their fancy college degrees are going to be put out on their asses where they belong. With no skills of any value to fall back on.
They'd better hone those beggar skills if Mommy and Daddy don't let them move back in.
Nope. You're just a stupid jagoff that isn't catching what I'm throwing.
I'm not even going to discuss money with somebody as stupid as you.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:Signym, you are idiot that writes well. Here is something you will try to obfuscate your way around Republican irresponsibility in the same way as you are doing about a bank failing: Raising the debt ceiling.
Originally posted by SIGNYM:
Dodd Frank is notoriously complicated. I have no idea what its capitalization requirements are and what the stress tests consist of and I'll bet you don't either.
But knowing how MSN loves to take potshots at Trump, I noticed that they hedged their statements. "claimed" "may have". Maybe they don't want to get sued for libel publishing something they were almost certin wasn't true.
But like I posted, that's neither here nor there AFA the value if the dollar.
Republicans are claiming that not raising the ceiling won't be a disaster while the Treasury Secretary says, in the most polite way, that they are in error.
Quote:https://www.cbsnews.com/news/janet-yellen-debt-ceiling-fight-republica
The way to ensure the government can keep paying its bills is to raise or suspend the debt limit, Treasury Secretary Janet Yellen told lawmakers Friday — not prioritize payments, as some Republicans have proposed.
"In my assessment and those of economists across the board, a default on our debt would trigger an economic and financial catastrophe," Yellen said. "I urge all members of Congress to come together to address the debt limit without conditions and without waiting until the last minute."
n-plan-prioritize-payments-default/
That is the most forceful statement from an official that I have ever seen about the catastrophe Republicans will cause if they continue to stupidly misunderstand banking, borrowing and debt. A more forceful warning from Janet Yellen would be "If the US defaults on any debt, no matter how small or short a default, the world banking system will slit the throat of the US. It will be the Death of the Dollar." But being more certain and forceful will not convince the average Republican Congressmen. Janet Yellen has to hope that not every Republican Congressman is as ignorant as 6ixStringJack about banking and debt.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Yellen is a Diversity Hire idiot.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:
Originally posted by 6IXSTRINGJACK:
The Woke took full advantage of that VC while it was available and destroyed any value that their portion of it had.
Between that and GPT, all of those millennials and old zoomers with their fancy college degrees are going to be put out on their asses where they belong. With no skills of any value to fall back on.
They'd better hone those beggar skills if Mommy and Daddy don't let them move back in.
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Growing up in a Republic was nice... Shame we couldn't keep it.
Hehe...
While Silicon Valley Bank collapsed, top executive pushed ‘woke’ programs
https://nypost.com/2023/03/11/silicon-valley-bank-pushed-woke-programs
-ahead-of-collapse/
Quote:
A head of risk management at Silicon Valley Bank spent considerable time spearheading multiple “woke” LGBTQ+ programs, including a “safe space” for coming out stories, as the firm catapulted toward collapse.
Jay Ersapah, the boss of Financial Risk Management at SVB’s UK branch, launched initiatives such as the company’s first month-long Pride campaign and a new blog emphasizing mental health awareness for LGBTQ+ youth.
“The phrase ‘you can’t be what you can’t see’ resonates with me,’” Ersapah was quoted as saying on the company website.
“As a queer person of color and a first-generation immigrant from a working-class background, there were not many role models for me to ‘see’ growing up.”
Her efforts as the company’s European LGBTQIA+ Employee Resource Group co-chair earned her a spot on SVB’s “outstanding LGBT+ Role Model Lists 2022,” a list shared in a company post just four months before the bank was shut down by federal authorities over liquidity fears.
You don't say.
Green, Woke, and Now Broke — How SVB Became the 2nd Biggest Bank Failure in U.S. History
https://www.breitbart.com/economy/2023/03/11/pinkerton-green-woke-and-
now-broke-how-svb-became-the-2nd-biggest-bank-failure-in-u-s-history/
Yeah... This is going to kill ESG too. Good.
Tech execs race to save startups from 'extinction' after SVB collapse
https://www.msn.com/en-us/money/companies/tech-execs-race-to-save-star
tups-from-extinction-after-svb-collapse/ar-AA18w9dB
Quote:
Aiming to avoid what Garry Tan, the CEO of startup accelerator Y Combinator, called a potential "extinction level event" in the tech sector, industry executives moved quickly to do what they could to save small businesses.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Death of the dollar huh. The Chinese economy is in freefall and Russia has collapsed and is still falling. They're fucked for decades.
Death of the dollar my ass.
China Is Suffering A Major Financial Crisis
https://www.forbes.com/sites/miltonezrati/2022/10/03/china-is-sufferin
g-a-major-financial-crisis/?sh=2acf73af4775
T 
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Quote:
Originally posted by THG:
Death of the dollar my ass.
Every once in a while Ted gets something right.
Nobody can be wrong all of the time.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:I have seen your kind of behavior from every Trumptard I know, both the ones in important positions and the ones who are unemployed. You Trumptards never stop for a moment and make the connection between your stupid behavior and the mess you've made or will make. Instead, it is always somebody else's fault, not yours, for what happens. And so the majority of Trumptard Congressmen will not vote to raise the debt ceiling.
Originally posted by 6IXSTRINGJACK:
Yellen is a Diversity Hire idiot.
History of the United States debt ceiling
https://en.wikipedia.org/wiki/History_of_the_United_States_debt_ceilin
g
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:
Originally posted by second:Quote:I have seen your kind of behavior from every Trumptard I know, both the ones in important positions and the ones who are unemployed. You Trumptards never stop for a moment and make the connection between your stupid behavior and the mess you've made or will make. Instead, it is always somebody else's fault, not yours, for what happens. And so the majority of Trumptard Congressmen will not vote to raise the debt ceiling.
Originally posted by 6IXSTRINGJACK:
Yellen is a Diversity Hire idiot.
History of the United States debt ceiling
https://en.wikipedia.org/wiki/History_of_the_United_States_debt_ceilin
g
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
Shut the fuck up, idiot.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Signature Bank folds.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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