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Samson Soturian
The Plain Bagel
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Another US Bank Has Failed - Now What?" video.
Just remember: There are over 4000 banks in the US and only about two dozen got credit rating downgrades due to rising interest rates.
315
That never happened and you're asking for castration if you say otherwise.
13
@Default0102 Scam somewhere else
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@pebblepod30 found the shoplifter
3
California is big. And there's a lot of high risk companies in that area
3
@jeronimo196 It means relax, your bank probably won't fail and you got insurance on deposits.
2
I buy t-bills for the interest rates, I have a checking account for the spending.
2
@Default0102 Slavery suits you
1
@pebblepod30 don't you have a math test to fail?
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@KKAK7 shut up
1
Shut up. That never even happened.
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Ha.
1
If there was a clear reason to have only megabanks, then regional banks would be rare. For instance, locally owned banks are now very rare although they use to be the norm.
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Shut up
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@Fauzanarief-n7i The largest was SVB, and we already saw what happens with their collapse.
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@jeronimo196 Liar
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@Fauzanarief-n7i Oh, I thought it was just a non-descript regional bank like mine.
1
@conors4430 It's sure as hell more rational than YOU.
1
@inigobantok1579 which is why it's generally good to ignore the news and live life normally.
1
Troll somewhere else.
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Uh, no. Higher interest rates means less borrowing but fatter profit margins.
1
@jessh4016 You're assuming each bank has a fixed amount of business they do each year, like a grocery store. No, less than 1/3 the amount of new mortgages are being created this month as opposed to a year ago. And corporate Darwinism has always been a thing. Banks come and go with the decades, no need to be sentimental about them.
1
Deliberately misleading, since only a handful of banks actually went bankrupt back then and the suffering was due to systemic issues
1
In China, yes. Not in the civilized world
1
I wish. But that ain't happening
1
How so? Mine works fine.
1
Crash? This only effects about two dozen out of 4200 banks
1
It's not so bad
1
That never happened to begin with
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Physical access to the bank. My rentor has had to pay ATM fees because she only uses PayPal while I use the same local bank I always have. Also, I know people that work there, and they go through MasterCard so my debit card works anywhere anyway.
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Liar
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This is America. We whine about banks going bust and we whine about bankers getting rich.
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How much did you lose?
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I wish.. Now shut up
1
This idiot thinks banks can make money without lending
1