If they were marked to market today at these rates, they’d be insolvent. That’s why everything you hear on the news is screaming that the banking industry is fine, because we all need to have confidence and believe that to be true. If many don’t, and they ask for their deposits, and banks are forced to mark to market their treasuries at these rates…it all comes down.
Not arguing at all, totally see what you’re saying. I just think it’s the fiat monetary policies that put us here. But here we are.
Oh hell…y’all gonna make me buy a ticket…just for the pub crawl
I need to teach my kids this
The day that my phone kept me from having to print off maps from Mapquest, and then not have to pay annually to update my Garmin was a great day.
The ease of navigation is awesome, but you trade off things too so I get the ultimate privacy approach too! 🤔
I just give them all away anyway!!! 🤣🤣🤣
Oh yeah…and ZAP⚡️
Exactly…all anyone wants is just a level playing field. Equal opportunity to succeed OR FAIL.
When they really come for Bitcoin, don’t you think Nostr is gonna piss them off. They can’t censor us here, and we can send Sats as much as we want for whatever we want.
Man I bet Nostr is gonna piss them off. 🤣🤣
Hopefully the orange-pulled a bunch of locals!!!!
I think it depends on your terms. “Crisis” indicates an unfortunate event coming that we’re helpless against. Do I think pretty much every bank is insolvent right now at these rates…yes.
But the govt has proven time and again they’ll change the rules to meet any crisis (bailouts). So is banking in a crisis…maybe not. But the manipulation it takes to keep banking out of crisis puts EVERYONE into a FIAT crisis…in my opinion.
You can’t continue to manipulate the rules to benefit a few and not expect consequences. (Just my 2 cents)
Hopefully your spending your time doing something you find more meaningful! 🤙🏻
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Been out of commission for a few days….figured I’d come find you and #[2]
Agreed!
Couldn’t have said it better myself. ⚡️⚡️