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495 sats \ 0 replies \ @myles_snider 2 May 2023
Not looking good
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358 sats \ 0 replies \ @kepford 2 May 2023
If we've learned anything since 2020 its that you know what they are telling us is complete BS. The question is, what is really gonna happen. I think Odell is right here.
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344 sats \ 0 replies \ @KoreaComK 2 May 2023
If the image in the article doesn't startle, I don't know what would. The problem is not the number of banks failing, but the size of those that are going bankrupt.
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126 sats \ 0 replies \ @Maximux 2 May 2023
The banks will continue to fall because they have been using the deposited funds and then they do not have liquidity to respond in case of massive withdrawals. For this reason, it is best to have the money in the Blockchain. Bitcoin is the solution to protect our savings.
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63 sats \ 2 replies \ @kilianbuhn 2 May 2023
What's your bets, who is next? ☠️ Charles Schwab?
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0 sats \ 1 reply \ @SatoshiNakanodo 2 May 2023
PLEASE let it be JP Morgan
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50 sats \ 0 replies \ @BlokchainB 2 May 2023
I hope not. Banks falling will not be pretty . Many people will be wiped out. Economic collapse is ugly. It causes death and destruction.
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0 sats \ 0 replies \ @colourorange 3 May 2023
made a similar comment in another post but the circle plots in that linked visualization don't quite convey the scale of this set of bank failures. imo, this is better visualized as a stacked bar chart which more clearly illustrates how large this initial wave of bank failures is compared to 2008
https://observablehq.com/@mjbo/bank-failures-as-a-stacked-bar-chart
in any case, the banking crisis is most definitely not over. the first few dominoes just fell.. the cascade has yet to happen. i'm very grateful that we have bitcoin this time around 🙏 stay humble and stack dat corn
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0 sats \ 0 replies \ @TheBTCManual 3 May 2023
Already biggest failure of banks in history adjusted for inflation, so I assume we're only in the early stages lol
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0 sats \ 0 replies \ @SaToSHiWoMaN 10 Mar outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.