CAC 40 lost -3.61%. The stock market values of the banks are greatly reduced. Societe General -12%, BNP Paribas -9%, Crédit Agricole -5%, ...
10 sats \ 0 replies \ @TomK 15 Mar 2023
European banks were living only thanks to 0% interest rates and continued bond bying by the commie ECB. The Fed is crushing their money printer on 20th of April when SOFR will be working by 100% and the Eurodollar market will be sucked dry. Say bye bye commie baby!
reply
0 sats \ 1 reply \ @HiP0 15 Mar 2023
Credit Suisse -16.73%
reply
0 sats \ 0 replies \ @Polaire OP 15 Mar 2023
Yes and some stock trading are suspended
reply
0 sats \ 5 replies \ @jk_14 15 Mar 2023
Weimar Republic 2.0 is coming...
reply
0 sats \ 4 replies \ @karanjbhatia 15 Mar 2023
If banks go down and the economy crumbles, wouldn't that reduce the price of BTC too?
reply
11 sats \ 0 replies \ @om 15 Mar 2023
You can choose to store your life savings in:
- a bank, but its half-life is 1 week
- Bitcoin, no counterparty risk
Which would you choose?
reply
10 sats \ 0 replies \ @01xCc 15 Mar 2023
даже если он будет стоить 1 доллар это не мешает ему 10 минут блок.))))
reply
0 sats \ 0 replies \ @Bashy 16 Mar 2023
would you rather be able to use your sats/BTC without any restriction, or just be able to withdraw/use 200$/week at most?
reply
0 sats \ 0 replies \ @jk_14 15 Mar 2023
No :)
reply