How is there not a thread about the insolvent banks?
- Thread starter Whiskeydeltadeltatango
- Start date
Yup. A day of reckoning is coming and fast. Even the rich are going to be affected:
Took me a bit of digging but it’s between 1-2% of all banks, which is considered normal. That’s why it hasn’t shown up as news on Bloomberg or WSJ.
“The number of banks on the Problem Bank List, those with a CAMELS composite rating of ‘4’ or ‘5’ increased from 52 in fourth quarter 2023 to 63 in first quarter 2024. The number of problem banks represented 1.4% of total banks, which was within the normal range for non-crisis periods of 1% to 2% of all banks.
Be interested in your numbers. We are at fiscal YE so it's probably the reporting.
Forbes Says 25 a year and 560 since 2000. "63" in a year seems high. Granted this the brink of insolvency not that actually went/go.*
Are those actual bank failures? The fdic list is just banks that are teetering. There’s a lot of paper losses for those banks but paper losses are only a problem if they don’t have liquidity, which still may prove to be a problem at some point if commercial real estate doesn’t snap back soon.
Yep. It’s at 1.4% right now, and the first search results on the impeding “bank disaster” were all on Reddit or some other shit site.
$517 billion in unrealized losses. Is that a big problem or can that be absorbed by the system?
$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency - The Daily Hodl
Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal Deposit Insurance Corporation (FDIC).
dailyhodl.com
Thought I linked it. Yea, on average 25 per year.
Failed Banks In The US: An Analysis By Year, Size And More
Bank failures happen more often than you might think—there have been 569 in the U.S. since January 1, 2000. That’s an average of about 25 per year. But the back-to-back collapses of Silicon Valley Bank (SVB) and Signature Bank in early 2023, followed by First Republic Bank in May, were unique in
www.forbes.com
That could be total financial institutions so it could also represent much more than just "banks".
WHY IS THERE NOT A THREAD ABOUT TOTALLY NORMAL BANKING RISKS!!!
Wake up SHEEEEEPLE
Wake up SHEEEEEPLE
There is nothing "normal" about 517 billion dollars in unrealized losses.
Just for some extra laughs - the OP during one of his fixated posting sessions this morning - posted this minutes apart in a different thread: "The jig is up on stupidity."
Maybe it is up on stupidity, but apparently not gullibility
Maybe it is up on stupidity, but apparently not gullibility
While the FDIC says that the health of the US banking system is at no imminent risk, it warns that persistent inflation, volatile market rates and geopolitical concerns
Let’s piss our pants
This gonna be good.
Go on Thorne, what about this is "gullible".
I'll grab a coffee refill while you respond.
How about you make your case for the following first, it will make the gullible case self evident. Maybe go back to whatever wackjob tweet that first triggered you into this thread in the first place.
"That's ****ing nuts."
"I would have to believe the left are looking at this as the eat the rich moment."
It would be helpful if you read something other than right wing news sites.
Banks like any other business sometimes fail. Now if a whole bunch are failing at once it's a problem of course but this isn't a whole bunch.
And if you read on you would have learned that this is a normal amount of banks to be failing.
It's like driving past one business that is going out of business and concluding the economy is crashing. Even in great economic times businesses still fail.
Same with banks.
So you have nothing.
The feds said this, this isn't a tweet from some dickhead.
Typical throne. Waste of a decent cup of coffee.
There is nothing normal about 517 billion, "normal" is for roughly 25 financial institutions a year to fail. That all financial institutions. The fdic said there are 63 banks that are insolvent or at risk of insolvency that isn't normal, anytime.
Also, I love me some establishment loving dems.
But you put it outside of or completely ignored the context of what is normal.
So it's not nuts? It's nothing?
Typical Whiskey, wound up over nothing. Shocked when other aren't also wound up over the same nothing. Shocked that there isn't already a thread over nothing. Already has a theory of what the liberal narrative is over nothing.
.....gullible whiskey, always an easy mark. Whether it's someone on twitter winding you up and you bring it here, or someone here winding you up and luring you to a parking lot.
From a post YOU LIKED.
"“The number of banks on the Problem Bank List, those with a CAMELS composite rating of ‘4’ or ‘5’ increased from 52 in fourth quarter 2023 to 63 in first quarter 2024. The number of problem banks represented 1.4% of total banks, which was within the normal range for non-crisis periods of 1% to 2% of all banks."
Again, you are incapable of responding so you go to the well of personal attacks.
There isn't anything normal about this.
No dog in this fight,.. but why would anyone accept anything the FDIC said as accurate?
KEEP YOUR POWDER DRY BANKS ARE FAILING AT A TOTALLY NORMAL RATE
That must be it. The FDIC is an evil cabal of nefariousness just waiting for the BANKS to fail
Or maybe they're just carrying water for the current administration, hoping shit doesn't get more real, while fully understanding that they have no real control...
Personal attacks? You mean your history of consistently being wound up to the point of needing multiple time outs from the board? Some would call that relevant context to you overreacting.... again.
But, maybe this time your fixated approach is justified, make your case for why this is: ****ing nuts
Then go and make your case for you would have to believe the left are looking at this as the eat the rich moment.
Maybe you'll convince everyone else too and you'll stop the mockery and snickering like a total alpha would do.
Hahaha, you know nothing of how an Alpha would handle this situation.
The link has been provided.
Alright, I'll let the Alpha continue to hyperventilate to this ****ing nuts story, you've already provided enough amusement for me, maybe some others will feel like taking a turn.
Just a few minute ago you couldn't believe there wasn't a thread about this ****ing nuts story.
Now you're much LOLing and no longer hyperventilating. Seems you realized you were duped - that's a tough pill to swallow for alphas - but my work here is done.
