#panicbondselling — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #panicbondselling, aggregated by home.social.
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I for one would be none-the-happier if the "global bank run" just goes through three banks: SVB, Credit Suisse, and UBS. And would just stop right then & there.
...Because yeah sure the Lehman Brothers bank run in 2008 ruined a lot of lives in the US and at many national economies the world over. But a bank run crisis was what also burned down the Soeharto regime in 1998, here in Indo, w/ physical riots, death & ultraviolence as result.
"Cryptocurrency will save the day"..? Get the dank ferrik out of here with that bantha poodoo. Stupid lazerbrain idiot.
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#fz_thinkingOutLoud / #PsychologyEconomics #PanicBondSelling #GlobalCapitalism