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1. jollybudd1350 🎄 :njp: 🎄 (johnbudd1350@poa.st)'s status on Tuesday, 14-Mar-2023 02:20:35 JST jollybudd1350 🎄 :njp: 🎄
   What are the chances VCs backing tech startups purposely did a bank run to collapse a major bank to force the Fed to pause rate hikes?
   
   reuters.com/markets/us/goldman-analysts-no-longer-expect-fed-rate-hike-march-after-svb-failure-2023-03-13/
   • Berlusconi Anime Fever :sonnenrad: (mechasilvio@poa.st)'s status on Tuesday, 14-Mar-2023 02:20:33 JST Berlusconi Anime Fever :sonnenrad:

     in reply to

     • Boomerman
     @Boomerman @johnbudd1350 You might be projecting clever strategies. This is pure Return to the Heeb
     Kenny Blankenship likes this.
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 02:20:34 JST Boomerman

     in reply to
     @johnbudd1350 What if the fed hiked rates to kill the nonsensical money sink that is "tech" so they can free all that liquidity for war?
   • Berlusconi Anime Fever :sonnenrad: (mechasilvio@poa.st)'s status on Tuesday, 14-Mar-2023 02:20:34 JST Berlusconi Anime Fever :sonnenrad:

     in reply to

     • Boomerman
     @Boomerman @johnbudd1350 They're not that smart, plus "tech" is where they place all their janissaries.
     
     Simplest explanation is they hiked rates bc too drunk on their economic theories and all recent inflationary cycles were bc monetary expansion, not bc energy/supply chain, so it worked. The FED is a cargo cult
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 02:20:34 JST Boomerman

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     @MechaSilvio @johnbudd1350 Ive been saying for a while they need liquid cash and not asset value. This frees up cash. And the fed can absolutely make that happen
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 02:38:41 JST Boomerman

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     @MechaSilvio @johnbudd1350 Im not projecting anything. This has happened before. It was exactly the same thing they did prior to ww2
   • Berlusconi Anime Fever :sonnenrad: (mechasilvio@poa.st)'s status on Tuesday, 14-Mar-2023 02:38:41 JST Berlusconi Anime Fever :sonnenrad:

     in reply to

     • Boomerman
     @Boomerman @johnbudd1350 In 1929?
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 02:38:41 JST Boomerman

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     @MechaSilvio @johnbudd1350 Through the 30s yes
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 02:38:41 JST Boomerman

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Boomerman
     @MechaSilvio @johnbudd1350 Pretty sure there was a bank crisis right before the civil war too. And vietnam too. The banks always have a whoopsie right before a war (the bankers of course stay rich) and weve been told for decades that ww2 saved Americas economy. I mean its not like they havent seeded this narrative for years. War=good economy. If economy bad do war to fix.
   • Louis Condé (louisconde@poa.st)'s status on Tuesday, 14-Mar-2023 02:38:41 JST Louis Condé

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Boomerman
     @Boomerman @MechaSilvio @johnbudd1350 There wasn't a banking crisis prior to Vietnam, if anything it's a counterargument against War Keynesianism because the 1970s was in large part the result of the war spending.
     Kenny Blankenship likes this.
   • Kenny Blankenship (dw2@poa.st)'s status on Tuesday, 14-Mar-2023 02:40:32 JST Kenny Blankenship

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Louis Condé
     • Boomerman
     @LouisConde @Boomerman @MechaSilvio @johnbudd1350 Someone really needs to write a based account of the Vietnam war someday, from start to finish. Might be the most poorly understood war in America’s history (and deliberately made to be that way)
   • Louis Condé (louisconde@poa.st)'s status on Tuesday, 14-Mar-2023 02:46:43 JST Louis Condé

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Kenny Blankenship
     • Boomerman
     @DW2 @Boomerman @MechaSilvio @johnbudd1350 It doesn't make sense because the Anglo-American establishment had a schizophrenic worldview about their role in partitioning the French and British colonial empires with the Soviet bloc.
     Kenny Blankenship likes this.
   • Kenny Blankenship (dw2@poa.st)'s status on Tuesday, 14-Mar-2023 02:47:42 JST Kenny Blankenship

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Louis Condé
     • Boomerman
     @LouisConde @Boomerman @MechaSilvio @johnbudd1350 Right, kinda hard to demand France/Britain decolonize while simultaneously trying to make South Vietnam a satrap
   • MyLittleFashy (mylittlefashy@poa.st)'s status on Tuesday, 14-Mar-2023 03:07:22 JST MyLittleFashy

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Kenny Blankenship
     • Louis Condé
     • Boomerman

     @LouisConde @DW2 @Boomerman @MechaSilvio @johnbudd1350 Imagine thinking that half a century later the Viets wouldn’t still prefer working with the French than the Anglos.

     Not really that we were so great, but hey, not being the guys who made part of the country a toxic wasteland with agent orange goes a long way…

   • Louis Condé (louisconde@poa.st)'s status on Tuesday, 14-Mar-2023 03:07:22 JST Louis Condé

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Kenny Blankenship
     • Boomerman
     • MyLittleFashy
     @MyLittleFashy @DW2 @Boomerman @MechaSilvio @johnbudd1350 My hot take is that the dioxin contamination of the defoiliants used for Operation Ranch Hand is a cover story for God knows what else that was going on.
   • Kenny Blankenship (dw2@poa.st)'s status on Tuesday, 14-Mar-2023 03:07:22 JST Kenny Blankenship

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Louis Condé
     • Boomerman
     • MyLittleFashy
     @LouisConde @MyLittleFashy @Boomerman @MechaSilvio @johnbudd1350 While we’re on the topic, supposedly a lot of serial killers from the 70s/80s got their start in the Phoenix program
   • Louis Condé (louisconde@poa.st)'s status on Tuesday, 14-Mar-2023 03:07:23 JST Louis Condé

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Kenny Blankenship
     • Boomerman
     @DW2 @Boomerman @MechaSilvio @johnbudd1350 Imagine asking the French ambassador for help after refusing a direct appeal for assistance in Dien Bien Phu 10 years earlier.
   • MyLittleFashy (mylittlefashy@poa.st)'s status on Tuesday, 14-Mar-2023 03:27:46 JST MyLittleFashy

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Kenny Blankenship
     • Louis Condé
     • Boomerman

     @LouisConde @DW2 @Boomerman @MechaSilvio @johnbudd1350 | Also, the French didn’t betray the Vietnamese like the American government did to Saigon.

     I know, my first real bankster job was for what used to be the bank of Indochina, which as you can deduce from the name has a …checkered past… and the Viet commies still chose working with greedy pillaging colonist bankers over being in the same room with friendly anti-colonial US state department officials ^^

   • Louis Condé (louisconde@poa.st)'s status on Tuesday, 14-Mar-2023 03:27:46 JST Louis Condé

     in reply to

     • Berlusconi Anime Fever :sonnenrad:
     • Kenny Blankenship
     • Boomerman
     • MyLittleFashy
     @MyLittleFashy @DW2 @Boomerman @MechaSilvio @johnbudd1350 The French aren't self-righteous enough to assassinate their own allies because muh heckin' righterinos
     Kenny Blankenship likes this.
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:42 JST Boomerman

     in reply to

     • NotImportant
     • Dr. Sex, Ph.d, Esq.
     @doctorsex @NotImportant @johnbudd1350 There is zero difference between banks and government 2008 proved it. That's my point. Its going to the banks they want and no longer in the hands of cat ladies.
   • Dr. Sex, Ph.d, Esq. (doctorsex@nicecrew.digital)'s status on Tuesday, 14-Mar-2023 04:04:42 JST Dr. Sex, Ph.d, Esq.

     in reply to

     • NotImportant
     • Boomerman
     Zero difference as in being on the same page or zero difference in regards to being the same entity? Because those are very different things. And if it were for consolidation, I would expect there to be more than just a couple shutdowns and the money wouldn't be going to banks, they would be going to the government.
   • NotImportant (notimportant@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:43 JST NotImportant

     in reply to

     • Boomerman
     @Boomerman @johnbudd1350 I know it doesn't disappear, it's just extremely convoluted way of moving the money for war. Especially if it does hurt the economy system that helps brought up future military ventures.
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:43 JST Boomerman

     in reply to

     • NotImportant
     @NotImportant @johnbudd1350 Because it was in the hands of worthless silicon valley tech nerds. They need it in the hands of people who can make war happen.
   • Dr. Sex, Ph.d, Esq. (doctorsex@nicecrew.digital)'s status on Tuesday, 14-Mar-2023 04:04:43 JST Dr. Sex, Ph.d, Esq.

     in reply to

     • NotImportant
     • Boomerman
     The government doesn't come in and seize assets when this stuff happens though. They take a cut, but what usually happens is they get bought out in a forced sale to a larger bank. If this was about wealth transfer to the government they wouldn't have just shuttered a handful of regional banks, especially ones invested in fintech.
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:44 JST Boomerman

     in reply to

     • NotImportant
     @NotImportant @johnbudd1350 It not going to the government its going to other banks in the form of cash spendable liquid cash the kind you need to send too ukraine and doesnt require more printing. The money spent on those MBS didnt go away it exists somewhere.
   • NotImportant (notimportant@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:44 JST NotImportant

     in reply to

     • Boomerman
     @Boomerman @johnbudd1350 I just don't get how that gets from those banks to the government so they can spend it on war, especially if there is a run on those banks that causes them to lose those funds.
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:44 JST Boomerman

     in reply to

     • NotImportant
     @NotImportant @johnbudd1350 The banks and government arent separate entities. Those securities were bought by a bank with USD by SVB now they dont get the dollars they put in nor the returns. those dollars didnt disappear though theyre in an account somewhere. You get that right? Money that was technically SVBs now belongs to someone else. We dont entirely know who.
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:45 JST Boomerman

     in reply to

     • NotImportant
     @NotImportant @johnbudd1350 They just spent a year spamming weapons and money to a foreign nation. Why wouldn't they do it?
   • NotImportant (notimportant@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:45 JST NotImportant

     in reply to

     • Boomerman
     @Boomerman @johnbudd1350 I don't understand how this makes them money, especially a bunch of people not wanting to put money into the system due to lack of faith this causes.
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:45 JST Boomerman

     in reply to

     • NotImportant
     @NotImportant @johnbudd1350 Theyre turning assets into spendable cash. You cant fund a war with MBS is SVB you can with USDs now being yanked out of the asset market.
   • NotImportant (notimportant@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:45 JST NotImportant

     in reply to

     • Boomerman
     @Boomerman @johnbudd1350 But how does that money go from those failed MBS's to the government's pocket?
   • NotImportant (notimportant@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:46 JST NotImportant

     in reply to

     • Boomerman
     @Boomerman @johnbudd1350 We need to stop thinking these people can actually plan things like this. They're just retarded. It's the same reason African economies are shit.
   • Boomerman (boomerman@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:46 JST Boomerman

     in reply to

     • NotImportant
     @NotImportant @johnbudd1350 The fed absolutely plans shit and believing otherwise is silly.
   • NotImportant (notimportant@poa.st)'s status on Tuesday, 14-Mar-2023 04:04:46 JST NotImportant

     in reply to

     • Boomerman
     @Boomerman @johnbudd1350 Everybody plans, but for them to go so far just to get money for war seems silly.
   • Dr. Sex, Ph.d, Esq. (doctorsex@nicecrew.digital)'s status on Tuesday, 14-Mar-2023 04:05:25 JST Dr. Sex, Ph.d, Esq.

     in reply to

     • NotImportant
     • Boomerman
     • Dr. Sex, Ph.d, Esq.
     In other words, if it were consolidation, you would expect to see, well, consolidation. And to your point about using the money for war, there just would be better targets for that than just SVB and whatever that one from new york is called.