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Mic Drop

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Status Updates posted by Mic Drop

  1. Mic Drop

    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. Mic Drop

      Mic Drop

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

  2. Mic Drop

    TWO HUNDRED BANKS AT RISK OF BANKRUPTCY- WSJ

    1. Mic Drop

      Mic Drop

      SENIOR BIDEN OFFICIALS IN TOUCH WITH BUFFETT ON BANKS

    2. 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"

  3. Mic Drop

    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.

  4. Mic Drop

    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

  5. Mic Drop

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

    1. Mic Drop

      Mic Drop

       

       

  6. Mic Drop

    'Jerome H. Powell, the chair of the Federal Reserve, blocked efforts to include a phrase mentioning regulatory failures in the joint statement released early Sunday evening by the Fed, the Treasury Department and the Federal Deposit Insurance Corporation.' NYTIMES

    1. The Librarian

      The Librarian

      censorship is rampant in the modern "big brother" USA ....  maybe I should say "worldwide"

  7. Mic Drop

    @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.

     

     

    1. Mic Drop

      Mic Drop

       

       

  8. Mic Drop

    U.S. TREASURIES REVERSE LOSSES, YIELDS HEAD LOWER

    1. Mic Drop

      Mic Drop

       

       

  9. Mic Drop

    Car show near Vancouver Mall, Vancouver, WA on a beautiful Sunday morning70819532160__ACD9DC57-08DC-44F6-A9A9-3DCEAC74B487.png

  10. Mic Drop

    Columbia River from the Island Cafe near Jantzen Beach, Oregon on a beautiful day IMG_1235.jpeg

  11. Mic Drop

    AI knows....

    Screenshot 2023-06-01 at 7.32.55 PM.png

  12. Mic Drop

    Screenshot 2023-05-07 at 4.06.38 PM.png

  13. Mic Drop

    Screenshot 2023-05-07 at 4.05.32 PM.png

  14. Mic Drop

    Screenshot 2023-05-07 at 3.59.22 PM.png

  15. Mic Drop

    Screenshot 2023-05-07 at 4.03.43 PM.png

  16. Mic Drop

     

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  18. Mic Drop

    The USD has lost 99.88% of its purchasing power vs. $BTC over the last 10 years.

  19. Mic Drop

    And now, for the final scene, we await the Fed's 50bps rate hike on Wednesday

  20. Mic Drop

    Good thing I usually order a White Chocolate mocha:

     

     

  21. Mic Drop

    Remember Biden's Build Back Better?

    How's that working out for you?

  22. Mic Drop

    The Dutch farmers party won by such a big margin in the election that the globalist ruling parties won't be able to have a majority.

    This is a MASSIVE win for freedom and the farmers! 

  23. Mic Drop

    CREDIT SUISSE $17B AT1 BOND WIPE OUT COULD HAVE A RIPPLE EFFECTS IN THE EUROPEAN BOND MARKET

  24. Mic Drop

    GLOBAL BANKS UNDER PRESSURE IN ASIA, HSBC DOWN 4%

  25. Mic Drop

     

     

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