capitalism

Out of context: Reply #1144

  • Started
  • Last post
  • 1,314 Responses
  • shapesalad1

    The Swiss banking crisis has come about because at the call of USA they seized Russian deposits at the bank. Ending trust. 100s of wealthy Chinese etc pulled their money out. Compounded by the banks management vying risky assets a few years ago and negative yielding bonds.

    Which bank is 100% trustable? The one you don’t have to trust at all, born in the ashes of the last financial crisis: Bitcoin.

    • Thanks but I'm waiting for grafician's expert opinion on economics and the banking industry.NBQ00
    • this.robthelad
    • or something real, like goldformed
    • stay in cash and 1Y treasuriesgrafician
    • anything else is gambling at this pointgrafician
    • The snow nazis fucking things up again.PhanLo
    • I find it funny how they blaming crypto and crypto VC's for it all.... perfect scapegoatinteliboy
    • Because it's crypto's fault mate :)
      If you deposit $10 to a bank, use it to buy crypto, crypto goes to 899303% up and you withdraw all of a sudden $5.6M...
      grafician
    • < also you're wrong, it's was just a liquidity problem turned to solvency problems
      Read on, it was Thiel who sparked the fire

      also fuck bitcon
      grafician
    • < also weren't you fired from a crypto firm? :)))

      and now you're back on the crypto wagon?!

      oh boy
      grafician

View thread