Comments by "Joe Swanson" (@joeswanson733) on "Chris Norlund" channel.

  1. they're gonna bail out the silicon valley bank customers who happen to be a lot of rich people... shocker.
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  2. folks keep in mind here if banks know that the fed will always come and bail them out any notion of risk management goes right out the window. even any pretense of it will go right out of the window. morale hazard the fed would be scared sh-ltess if the big 5 just invest in anything go all in willy nilly because the fed will never let them fail. cdos mbs whatever sh-t like that but x 10
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  3.  @realchris  eventually we'll just see nationalized banking the fed will directly assume control of all banking. no more private banks. it will all lead to fed digital currency token.
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  4. it's simple folks the FDIC only has around 2% of all deposits covered. so around 390 billion out of 19.5 trillion in us deposits. these 3 banks that failed (silver gate, synergy, SVB) that were made known to us publicly if they're all allowed to drop completely would wipe out at least half the FDIC funds in a drop of a dime. now they're trying to contain or prevent some kind of cascade failure but if the failures were just these 3 banks alone and all other banks are fine and it would noly deplete 50% of the FDIC funds why is the government freaking out over this? are those tech startups or tech companies that weren't able to make payroll if they couldn't get their money would lead to even bigger ripple effects?
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  5. lot of franchisees the kids don't wnat to take over so they would need to sell because they're retiring.
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  6. lol jack n the box.... they got good tacos though
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  7. when the "critic's say oh what do you know your channel is only xyz subscribers while meet kevin has like 2 million that's no different than them saying his wang is bigger than your wang. rofl
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  8. difference is back in the 1930s the us was on the gold standard and they used the great depression as a excuse to ban the ownership of gold by companies and private citizens. since we're not on a gold standard they have no legal basis to ban the ownership of gold. it was unconstitutional then (executive order 6102) it would be unconstitutional today
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  9.  @richardventus1875  of the us were to be back on a gold standard , there are 2.05 trillion USD in circulation just currency, if we use global GDP at 85 trillion of all Valued in USD , there are 208,874 tons of gold in the world equal 6.683 billion oz it would be at least $12718 per oz but this is if we use all gold on the world to back all the GDP in the world in usd , if we just use how much gold is in the usa it would be $89,178 per oz to back thr us gdp. The us has 261,498,926 oz of gold
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  10. sure ... get the mocha frappe its cheaper than the starbucks frappe. get the mcchicken sandwich i think it's still $1.00
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  11. chicken big mac?
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  12. corporate buybacks.
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  13. a day in the life of a mcdonald workers sounds like a nice change of pace
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  14. with 2% inflation every year your prices double in 35 years... in 100 years your prices have 6x to where they originally were. so even going by the feds magic 2% you're f'd within 100 years anyways.
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  15. they got nice fries.
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