And they don't even know how many eurodollars exist in the world 🤣🤣🤣
Please
Buy some shit to hedge your shit
Wcgw
🤣🤣🤣🤣
This is genius
SVB (Silicon Valley Bank)
TLDR:
Bank for startups SVB lost $1.8 billion on treasuries and mortgage-backed securities, due to rising interest rates.
To shore up its balance sheet it planned to issue $1.25 billion of its common stock to investors, $500 million in convertible preferred shares, and $500 million of its common stock.
Investors are spooked and shares are down +80% AH. Does this cause a contagion? Or will a bigger bank swoop in and grab a fire sale? This is the question.
https://techcrunch.com/2023/03/09/silicon-valley-bank-shoots-self-in-foot/amp/
Just wait for the SPAC run able to take place 🤣🤣
Def one of my better relays. Thank you!!!
I'm kinda turned on rn by this.
#[0]
How my cat sits in her tree 🤣🤣🤣
It takes time :)
Creators -> Enthusiast -> Trend setters/early adapters -> Sceptics -> first mass wave -> media/influencers-> second wave (our moms) -> acceptance