You're angry, but this is the blood letting/cutting to relieve the pressure from a financial snakebite. If the U.S. fed doesn't continue raising rates and banks aren't allowed to collapse in a controlled demolition like SVB, the whole system will finally collapse.
People have been waiting for this to invest because they knew it was going to happen. Many are the crocuses after a fire/winter, not just the vultures.
My company took advantage of the 2008 crash to buy a once severely lucrative company and all 9 of their remaining stores here in Florida. All cash deal. Didn't make a negative dent in our bottom line that year, and raised our value the next.
He seemed to be concerned that FDIC only covers upto $250k in deposits. Anyone with a brain would never have put more than that in any account from a bank with branches in California and Massachusetts. Then again, they wouldn't be banking with an obvious woketard bank in the first place.
Good.
It does. They've been sitting on a lot of cash for a long time.
You're angry, but this is the blood letting/cutting to relieve the pressure from a financial snakebite. If the U.S. fed doesn't continue raising rates and banks aren't allowed to collapse in a controlled demolition like SVB, the whole system will finally collapse.
People have been waiting for this to invest because they knew it was going to happen. Many are the crocuses after a fire/winter, not just the vultures.
It's given me a lotta good stock and I've only been seriously investing since last June.
My company took advantage of the 2008 crash to buy a once severely lucrative company and all 9 of their remaining stores here in Florida. All cash deal. Didn't make a negative dent in our bottom line that year, and raised our value the next.
He seemed to be concerned that FDIC only covers upto $250k in deposits. Anyone with a brain would never have put more than that in any account from a bank with branches in California and Massachusetts. Then again, they wouldn't be banking with an obvious woketard bank in the first place.