Political Picture thread. (humor/memes/etc)

DoOver · Mar 11, 2023

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Weimar Silver Baron

@BankerWeimar

Picture a forest full of dead trees, half dead trees, and healthy trees. Two of the dead trees have just burned … is the Rest of the forest safe? Only way to ensure this doesn’t happen again is to let it burn. We will try stop it though… then try to “manage it”. Soon.

3:13 PM · Mar 11, 2023
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DoOver · Mar 11, 2023

DoOver · Mar 11, 2023

Weimar Silver Baron

@BankerWeimar

Why SVB collapsed: 1. Massive fixed income securities book (much of it acquired when rates low in 20-21) 2. Higher rates make these worth less. And make the cost to bring in deposits keep rising. 3. Too many (large) uninsured deposits mean the money goes fast in risk.

1:46 PM · Mar 11, 2023
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DoOver · Mar 11, 2023

Wall Street Silver

@WallStreetSilv
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Moody’s credit rating of A just 3 days ago - "If we don't rate them high they'll go down the street and get the rating they want and we'll lose their business." - Moody’s (probably)

tirwin1 · Mar 11, 2023

livingston · Mar 11, 2023

kev74 · Mar 11, 2023

kev74 · Mar 11, 2023

DoOver · Mar 11, 2023

DoOver · Mar 11, 2023

Ryan Maue

@RyanMaue

With the implosion of SVB, the planet could literally be at stake. 1,500 companies in climate tech were venture backed at the bank.

5:24 PM · Mar 10, 2023
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