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Mic Drop

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Status Replies posted by Mic Drop

  1. @federalreserve's decision to increase the frequency of the dollar swap lines from weekly to daily is aimed at avoiding a March 2020-like global dash for cash where investors sell everything, including BTC, for cash.

     

     

  2. U.S. TREASURIES REVERSE LOSSES, YIELDS HEAD LOWER

  3. TWO HUNDRED BANKS AT RISK OF BANKRUPTCY- WSJ

    1. Mic Drop

      Mic Drop

      "absent a change to deposit insurance coverage, corporate CFOs will likely be proactively looking to diversify their deposits away from any single institution. While this may be viewed as a reasonable outcome by some, regional banks could be at the losing end under such scenario"

    2. (See 1 other reply to this status update)

  4. TWO HUNDRED BANKS AT RISK OF BANKRUPTCY- WSJ

    1. Mic Drop

      Mic Drop

      SENIOR BIDEN OFFICIALS IN TOUCH WITH BUFFETT ON BANKS

    2. (See 1 other reply to this status update)

  5. It would take just 0.16% of value locked into the US Stock Market moving to Bitcoin to move the price to $1m a coin.

    1. Mic Drop

      Mic Drop

      I say this because:

      Balaji thinks:

      - Most banks are insolvent in US

      - BTC goes to 1mil in 90 days

      - Hyperinflation is imminent

      - Converted 99% of nw to BTC

      - US civil war happens

  6. SWITZERLAND PREPARES EMERGENCY MEASURES TO DELIVER UBS TAKEOVER OF CREDIT SUISSE: FT CS was about to blow up

    1. Mic Drop

      Mic Drop

      10,000 jobs may have to be cut if UBS buys Credit Suisse: RTRS

    2. (See 1 other reply to this status update)

  7. Weimar Republic Germany (Inflation)

     

     

    1. Mic Drop

      Mic Drop

      People underestimate the possibility of hyperinflation in the US and overestimate the chaos it would cause.

  8. BREAKING: MIDSIZE US BANKS ASK FDIC TO INSURE ALL DEPOSITS FOR 2 YEARS.

  9. SWITZERLAND PREPARES EMERGENCY MEASURES TO DELIVER UBS TAKEOVER OF CREDIT SUISSE: FT CS was about to blow up

    1. Mic Drop

      Mic Drop

      "outflows from Credit Suisse topped Sfr10bn ($10.8bn) a day late last week as fears for its health mounted." - FT This was around the time the ECB hiked 50bps.

    2. (See 1 other reply to this status update)

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