Moglyzoke Moogleman
Stock Pals VP of Shit Stocks
- 586
- 457
Investing General Discussion
- Thread starter Furious
- Start date
Sanrith Descartes
Von Clippowicz
- 41,555
- 107,648
Furry
WoW Office
- 19,738
- 25,026
That’s next level analysis. All of crypto combined is less than .1% of apple. It’s really not major factor in global markets.
- 1
Gravel
Mr. Poopybutthole
- 36,714
- 117,260
Was thinking the same thing. Maybe had they raised them 1% a year ago we wouldn't be in this situation. You know, when they were denying inflation or claiming it would be transitory. At this point 1% just makes us bleed slightly faster.
- 1
Sanrith Descartes
Von Clippowicz
- 41,555
- 107,648
My hunch is in their hubris they all say around telling each other "they could make this crash painless if they just eased into it".
Gravel
Mr. Poopybutthole
- 36,714
- 117,260
They were probably right. But they used that time to fellate themselves about "well, we'll wait and see and maybe do something next year in February." They wasted probably 9 months where they could've reacted, and lying about something that even most lay people were calling out.
I'm not convinced it would've avoided what's to come, but it definitely would've helped "soften" it a bit.
Mist
Eeyore Enthusiast
- 30,488
- 22,401
The total market cap of all crypto assets is now under a trillion dollars. It was up to 3 trillion at it's peak.
Even if it goes to 0 from here, it won't lose more than it's already lost, so it can't cause a bigger externalized impact on the way down than it already has falling to where it is right now.
Asshat wormie
2023 Asshat Award Winner
- 16,820
- 30,966
It was some tweet by someone talking about the issues it will cause to non financial assets tied to bitcoin. Too lazy to look for it but El Salvadore is surely fucked if this shit goes to 0.
Mist
Eeyore Enthusiast
- 30,488
- 22,401
Loser Araysar
Chief Russia Correspondent / Stock Pals CEO
- 75,980
- 150,827
LOL, is this Wakandan for real?
Russia is the largest exporter of food and energy in the world. Something theyre more than happy to share with China.
- 1
Loser Araysar
Chief Russia Correspondent / Stock Pals CEO
- 75,980
- 150,827
LOL, it would cripple the dollar overnight. Between the 4 of them, they have all the food, energy, raw material and finished products anyone could want. What would you buy from US that you couldnt buy from those 4 better and less gayer?
OU Ariakas
Diet Dr. Pepper Enjoyer
- 7,041
- 19,400
Come on man, this is the real world; Russia is more than happy to share with China.... until it is them vs. the world and China starts exerting their will over Russia and demanding more food for less of some other good and service. And then you add in Iran and India with their own goals and you think they are going to just happily provide everything that the other 3 need for the greater good! I am a realist and agree that the USA would experience vast hardships in any of these scenarios; but you people that think the USA goes down with a whimper and your favorite motherland or boogyman nation is going to ascend to fill that void with 0 pain and rule the world in the USA's stead are sniffing glue.
- 1
- 1
Flobee
Vyemm Raider
- 2,614
- 3,006
So I don't know how reliable this is, but I've been hearing this is various places. Take it how you will
www.asiamarkets.com
There's a run on Chinese banks and it's being ignored by the world | Asia Markets
A run on rural Chinese banks has been unfolding for months, but there's now evidence contagion is spreading to big cities. The global ramifications of a major run on Chinese banks would be enormous.
www.asiamarkets.com
Loser Araysar
Chief Russia Correspondent / Stock Pals CEO
- 75,980
- 150,827
Theyre already doing it. Its more beneficial for those 4 to cooperate than dealing with the West and USgAy
But what do you think happens to US and its $100T+ debt and obligations when no one cares about the USD anymore?
This is just in last 3 months
Furry
WoW Office
- 19,738
- 25,026
Chinese banks having runs has been an every day occurrence for yearsSo I don't know how reliable this is, but I've been hearing this is various places. Take it how you will
There's a run on Chinese banks and it's being ignored by the world | Asia Markets
A run on rural Chinese banks has been unfolding for months, but there's now evidence contagion is spreading to big cities. The global ramifications of a major run on Chinese banks would be enormous.
- 1
Sanrith Descartes
Von Clippowicz
- 41,555
- 107,648
There was a run on crypto exchanges today, but they all had "bugs" and had to stop redemptions "for a while".So I don't know how reliable this is, but I've been hearing this is various places. Take it how you will
There's a run on Chinese banks and it's being ignored by the world | Asia Markets
A run on rural Chinese banks has been unfolding for months, but there's now evidence contagion is spreading to big cities. The global ramifications of a major run on Chinese banks would be enormous.
- 1
Flobee
Vyemm Raider
- 2,614
- 3,006
Yup. My first assumption would be the contagion would stay in the crypto space, but I dunno. Guess we'll find out