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Mic Drop

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Status Updates posted by Mic Drop

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

  2. Fractional Reserve banking is at the root of the banking crisis.

  3. GLOBAL BANKS UNDER PRESSURE IN ASIA, HSBC DOWN 4%

  4. Good thing I usually order a White Chocolate mocha:

     

     

  5. Guy eating sushi at Fred Meyers in Vancouver, WA

    2BC376C8-D3E8-4F0D-8293-79B730B9491B.jpeg

  6. I will try to start to compile a list of new stories / items of interest each day either on my profile page ... or maybe create a topic in the main forum for each topic....

    Let me know if you see any news stories that you want to bring my attention to...

    Thanks... and I hope you enjoy

  7. If money talks, then Bitcoin sings

  8. 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

  9. Lance Reddick just "Died Suddenly".... 

     

  10. Math and computers are fixing finance. Before 2009 we didn't have a choice. Now there's bitcoin , people are exhausted of same cyclic issues and they are learning they can opt-out from banking.

    Last time in 2008 when we had a banking crisis, there was no alternative. You had to liquidate, sit and cash and wait. Now we have an escape hatch. Bitcoin

    Bitcoin GIF by eToro

  11. Parabolic Bitcoin adoption is happening...

     

     

  12. Remember Biden's Build Back Better?

    How's that working out for you?

  13. 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

  14. 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! 

  15. The fact that Bitcoin gives anyone property rights without the need for state enforcement or identification is a simply massive historical innovation that will take many decades for humanity to properly appreciate

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

  17. This Bitcoin and Crypto stuff is really starting to take off like wildfire

  18. 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"

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

  20. 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.

  21. You just can't make this stuff up....

     

    Better than actual fictional books...

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