#banking

[prepare-right]

#aziraphale x crowley #public libraries #türkiye #short bios #addams family #veddie #nct x reader #nintendo switch #sugarbaby #ewan mcgregor #maid #banking #menstyle #x male reader #beautiful

[animentality]

#twitter #east palestine #svb #banking #donald trump #regulations

[odinsblog]

"We all too often have socialism for the rich and rugged free market capitalism for the poor."

—Martin Luther King Jr.

#politics #banking #privatized profits #socialized losses #capitalism #mlkjr #halli is cool #svb #silicon valley bank #privatized profits socialized losses

[rhyperographer]

For anyone wondering what happened to make Silicon Valley Bank here's the TL:DR:

SVB had very few consumer loans. Their investment base was primarily government bonds. A government bond is basically a loan to the gov at a fixed rate for a set period.

Their liability base was primarily consumer and investor savings.

They made money on the difference between what they were paying people in interest for their savings, and what the gov was paying them for the bonds.

They were then investing their profits into startups and tech businesses.

Then the loan rate rose, the interest rate on savings went up in the market, and to stay competative they had to put their rates up. They can't reclaim their investments as startups don't have the money to give back. The rate rises, their profits shrink, and they go boom.

#Silicon valley bank #Finance #Economics #Banking #What happened here was very specific to them #Lack of diversity in their asset and liability base

[triggerblaze345]

Boycott Banks for Funding Fossil Fuels Song

Original version - Australia

Here is the Singer’s linktree which contains resources for finding better banks .

#music #climate change #banking #boycott #australia

[pratchettquotes]

"You are smirking at me, Moist!"

No, I've frozen because I've just heard what my mouth said, Moist thought. I don't have a clue, I've just got some random thoughts. It's...

"It's about desert islands," he said. "And why this city isn't one."

"And that's it?"

Moist rubbed his forehead. "Miss Cripslock, Miss Cripslock...this morning I got up with nothing in mind but to seriously make headway with the paperwork and maybe lick the problem of that special 25p Cabbage Green stamp. You know, the one that'll grow into a cabbage if you plant it? How can you expect me to come up with a new fiscal initiative by teatime?"

"All right, but--"

"It'll take me at least until breakfast."

Terry Pratchett, Making Money

#moist von lipwig #sacharissa cripslock #making money #discworld #internal dialogue #money #economics #stamps #post office #banking #entrepreneur #con man #improvisation #deadline #tea time #external processor #some random thoughts #the special 25p cabbage green stamp

[liberalsarecool]

Five banks fail in one month. Sixth soon.

Regulate and incarcerate.

#banking

[70sscifiart]

The world in the year 2000, according to slides from around 1970

#2000 #photo set #banking #slides #retrofuturism

[certain-mouth]

#veddie #nct x reader #nintendo switch #sugarbaby #ewan mcgregor #big tiddy baby #social science #banking #menstyle #glee #supergirl #tw self destructive behavior #jojo no kimyou na bouken #aizawa shouta

[summer-spend-campaign-mind]

#onlyfitgirls #my artwrok #the breakfast club #wlw ns/fw #nct x reader #sugarbaby #ewan mcgregor #big tiddy baby #social science #hotwives #banking

[southern-present-republican-li]

#big tiddy baby #social science #hotwives #banking #menstyle #miley #glee #supergirl #beautiful #tw self destructive behavior #eddie munson fluff

[liberalsarecool]

Banks want you to pay fees to use your own account. Banks want you to have debt obligations for your whole life. Banks get money below the prime rate, then charge you 23% interest on your credit cards. Banks debit your account immediately, then take 2-3 days to clear a check.

It's obscene.

#banking #finance