And when there’s a power outage or the network goes down, all financial transactions stop. Every few months, a bank’s network seizes up, and all the retailers who use that bank for their EFTPOS transactions are unable to trade, except if the customer has cash.
I read a comment on this SVB crash and how during the Great Depression people were getting their money out of banks and saving them under the mattresses.
So many have fallen for the wonders of technology. The marketing tells them how easy it would be to have one chip from which they can carry out all the transactions and activities of their life.
What happens when the tech systems go down? And cash has been phased out? You’ll own nothing, buy nothing, eat nothing, and you’ll be very, very happy.
Police are to be barred from recording non-crime hate incidents just because someone is offended, under plans announced on Monday by Suella Braverman.
The Home Secretary has endorsed new guidance that requires officers to prioritise freedom of expression over offensive, controversial or derogatory language that upsets people.
The media in Oz has been broadcasting details of the AUKUS submarine deals. Is this planned misinformation to deceive the enemies or are they the facts?
So all the details: What kind? Where they will be built? How?
And best of all, that they will be available in 20 years.
By the time these submarines will be ready, the technology won’t be outdated in the 2040s?
So, is Xi rescheduling his plans with his team?
Well, comrades, let’s postpone attacking Australia till 2043 when they will have some old tech submarines to fight fairly against us?
Yay, Ch10 tells us Aussie researchers (an Indian) has discovered the cause of long Convid using MRI. In the scans part of the brain has shrunk. The deceit continues.
Convid has also caused house prices to fluctuate. Is there nothing this fabricated virus can’t do.
Was listening to a CH10 show today, 60 minutes long. Lots of ads either taxpayer funded or advertising other Ch10 execrable shows. it irks me greatly to know I’m funding Waleed Ali and the other (lack of) talent.
Tony Curtis and Janet Leigh were as beautiful a couple as you could get. Not sure Jamie Lee inherited the best of their genes but she made the most off what she had. She has a son. I think
I wouldn’t scroll down.
Key Territory fishing waters blocked after failed negotiations with TOs
Failed negotiations between the NT Government and Traditional Owners has resulted in access to the East Alligator and Mini Mini/Murgenella regions blocked for commercial fishing, which is expected to impact the national seafood market and has sent “shockwaves through the whole industry”, the peak body for commercial fishing in the NT has said.
The crisis of American national power has begun. America’s economy is tipping over, and Western financial markets are quietly panicking. Imperiled by rising interest rates, mortgage-backed securities and U.S. Treasuries are losing their value. The market’s proverbial “vibes”—feelings, emotions, beliefs, and psychological penchants—suggest a dark turn is underway inside the American economy.
We’ll know tomorrow, if this was a parody. He’s got nearly 2M twitter views for this announcement.
Is this the kind of news that should have a preview?
Will be posting the video tomorrow! For security purposes, we will be setting it to notifications only. If I am taken out between now and tomorrow, the Bill Gates files will will still be released by multiple sleeper sources. There is no stopping this!
Florida Governor Ron DeSantis’ administration is revoking the Hyatt Regency Miami’s alcohol license after it hosted “A Drag Queen Christmas” with children present in the audience.
…….
They (Trump and DeSantis) seem to have similar views on Ukraine and could have worked together instead of as rivals.
All I can do here is recommend this bank. Transfer your hard earned savings now. A beautiful video of the ESG and dancing in the offices of the Signature Bank.
This is not an outcome Washington promised its European allies, but it’s now a real possibility.
America must have sold the war to its European allies as a short, sharp jab at Russia which will see it fold in a few months. The European allies probably believed that their economic sanctions on Russia, together with the expected high loss of life amongst the Russian army, would see Putin kicked from office.
It didn’t work out that way though. The Russian economy was sufficiently resilient to take the sanctions, and its army was able to break through the first two of the four supposed impregnable lines of defence quite easily and inflict heavy losses on the Ukrainians while suffering significantly less loss themselves.
Now we have a weakened Europe unable to defend themselves. They have lost their cheap energy supplies and a major market for their industrial output.
Florida Governor Ron DeSantis’ administration is revoking the Hyatt Regency Miami’s alcohol license after it hosted “A Drag Queen Christmas” with children present in the audience.
Meanwhile … Donald Trump
We are fighting for the gay community, and we are fighting and fighting hard,”.
“Shark Tank” star Kevin O’Leary said he would not invest in bank stocks in the aftermath of the Silicon Valley Bank failure last week.
The chairman of O’Leary Ventures told CNN on Monday that the federal rescue of depositors at SVB and Signature Bank means President Joe Biden has effectively “nationalized” the banking industry.
“You have zero risk and that has consequences,” O’Leary said. “There’s no such thing as a free lunch. And this is going to be very expensive for shareholders of banks long term. I would never put my money into a bank stock ever again.”
I haven’t followed the AUKUS stuff, but have the latest developments been designed by US neocons to ensure Australia is locked in to all their upcoming foreign escapades? ie Taiwan
…President Christine Lagarde set expectations for the ECB to lift the main refinancing rate to 3.5% from the current 3% by saying last month that policy makers intended to do so. The ECB also delivered a half-point increase at the last decision on Feb. 8.
The sharp drops in European bank shares on Wednesday, led by problems at Credit Suisse , may impact the ECB’s plans. The most aggressive interest-rate increases in a generation created problems at SVB, and the worry is that other lenders may be experiencing similar issues.
Markets have reduced the odds of a 50 basis-point move from the ECB on Thursday, said ING Global Head of Markets Chris Turner.
“The pressure on European banks has sparked a repricing,” Turner wrote in a note Wednesday. “What was seen as a solid 50bp hike from the ECB has today been cut to a 35bp hike.”
Lagarde will almost certainly be asked about banking woes and market ructions over the past week when she holds a press conference Thursday afternoon. Like the Fed, the ECB is still trying to bring down inflation that remains far too fast for comfort.
Inflation is still 8.5% in the 20 countries sharing the euro, compared with the ECB’s target of 2%.
I read a comment on this SVB crash and how during the Great Depression people were getting their money out of banks and saving them under the mattresses.
So many have fallen for the wonders of technology. The marketing tells them how easy it would be to have one chip from which they can carry out all the transactions and activities of their life.
What happens when the tech systems go down? And cash has been phased out? You’ll own nothing, buy nothing, eat nothing, and you’ll be very, very happy.
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Did the recent Quran incident in the UK bring the issue to a head?
Will it result in bringing back the values of the past?
Police to be banned from recording non-crime hate incidents
because someone is offended
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Matt Walsh is on a ranting rant here. Speaking for the sane people of the world.
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Some wiser folk here may be able to help me out.
The media in Oz has been broadcasting details of the AUKUS submarine deals. Is this planned misinformation to deceive the enemies or are they the facts?
So all the details: What kind? Where they will be built? How?
And best of all, that they will be available in 20 years.
By the time these submarines will be ready, the technology won’t be outdated in the 2040s?
So, is Xi rescheduling his plans with his team?
Well, comrades, let’s postpone attacking Australia till 2043 when they will have some old tech submarines to fight fairly against us?
Am I missing something here?
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📰
Moja
.
Mbili
.
Tatu
.
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Peanuts
Beetle Bailey
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Dilbert (or its latest incarnation) may or may not continue, depending on whether it remains available to access subscription free.
Dilbert Reborn (1)
Dilbert Reborn (2)
Dilbert Reborn (3)
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Dennis the Menace
Blondie
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Family Circus
Spooner
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The future of Dilbert
I am not sure what happens to the (very) few papers that were still running the original cartoon strip.
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Silicon Valley Bank Crisis: The Liquidity Crunch We Predicted Has Now Begun
https://alt-market.us/silicon-valley-bank-crisis-the-liquidity-crunch-we-predicted-has-now-begun/
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Yay, Ch10 tells us Aussie researchers (an Indian) has discovered the cause of long Convid using MRI. In the scans part of the brain has shrunk. The deceit continues.
Convid has also caused house prices to fluctuate. Is there nothing this fabricated virus can’t do.
Was listening to a CH10 show today, 60 minutes long. Lots of ads either taxpayer funded or advertising other Ch10 execrable shows. it irks me greatly to know I’m funding Waleed Ali and the other (lack of) talent.
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Can’t define what a woman is but everybody knows what they do
And I won’t be eating the bugs
Actually the meat of carnivores is horrible.
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This might get a lot more notice if he vapeda (they’re all COnvid deaths)
Where do you go when you’re busting? Not here
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QldPol getting a shellacking from the Coroner (cop death from a couple of years ago). Bereaved wife gives the higher echelons a well deserved serve.
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I hope you’ve all see the new ADF ad
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Ch9 going to do a hit job on the Trains tomorrow night – Under Investigation.
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Bloodbath Has Just Begun: ‘Dr. Doom’ Roubini Says We’re Solely in First Inning of Major Debt Crisis
Stansberry Research
576K subscribers
https://www.youtube.com/watch?v=Mz-384YntTc
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Genevieve Roch-Decter, CFA
@GRDecter
Is it surprising that Signature Bank failed?
Their executive team spent millions of dollars to produce music videos & TV shows about themselves
Try not to cringe as you watch this:
https://twitter.com/GRDecter/status/1635322707746357254?s=20
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As good an explanation as any…
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PJW on trans worship
Bow down
https://www.youtube.com/watch?v=67xLRCayFLY
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Drew Barrymore Takes CRINGE To Another Level With LGBT Influencer!
Anthony Brian Logan
https://www.youtube.com/watch?v=kZmfeePH0bE
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Tony Curtis and Janet Leigh were as beautiful a couple as you could get. Not sure Jamie Lee inherited the best of their genes but she made the most off what she had. She has a son. I think
I wouldn’t scroll down.
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The Voice says “no”
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We know
As if they haven’t got enough problems with their capitalist goods
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No one has mentioned NZ recently. here’s Jacinda’ replacement hard at woke. Work.
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Gen Z is revolting
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Awaken with JP
Banking Collapse Explained for Dummies
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Douglas Macgregor
The Gathering Storm
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We’ll know tomorrow, if this was a parody. He’s got nearly 2M twitter views for this announcement.
Is this the kind of news that should have a preview?
Bill Gates Life in Prison
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DeSantis Admin Yanks Hyatt Miami Liquor License
For Hosting “Drag Queen Christmas” With Kids Present
…….
They (Trump and DeSantis) seem to have similar views on Ukraine and could have worked together instead of as rivals.
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Posted some comments related to the Fed Reserve in the other thread because they are linked to the topic there.
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📰
Moja
.
Mbili
.
Tatu
.
Report comment
All I can do here is recommend this bank. Transfer your hard earned savings now. A beautiful video of the ESG and dancing in the offices of the Signature Bank.
Report comment
From kaysee’s link at 2:24PM:
America must have sold the war to its European allies as a short, sharp jab at Russia which will see it fold in a few months. The European allies probably believed that their economic sanctions on Russia, together with the expected high loss of life amongst the Russian army, would see Putin kicked from office.
It didn’t work out that way though. The Russian economy was sufficiently resilient to take the sanctions, and its army was able to break through the first two of the four supposed impregnable lines of defence quite easily and inflict heavy losses on the Ukrainians while suffering significantly less loss themselves.
Now we have a weakened Europe unable to defend themselves. They have lost their cheap energy supplies and a major market for their industrial output.
Europe has shot itself in the foot.
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Keating’s been taking Peking’s $$ since at least 2017.
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Meanwhile … Donald Trump
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Fox News interview
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No Free Market Capitalism Here!
Walk The World
https://www.youtube.com/watch?v=0FY8HgSxXMA
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I haven’t followed the AUKUS stuff, but have the latest developments been designed by US neocons to ensure Australia is locked in to all their upcoming foreign escapades? ie Taiwan
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Yeah, Paul Keating declared he still forks for the CCP. By the way, did Laura Tingle ask him why his daughter was on Epstein Island?
MSM in agreement, nothing can be done about electrickery price rises or rental increases cos Ukraine.
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Brothers behind Smollett hoax share their story | Fox Nation Exclusive
Fox Nation
192K subscribers
https://www.youtube.com/watch?v=qXpIbM6p7DQ
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Yay, JLC’ daughterson got wed
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This is a good one
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CNBC
Dow futures fall 500 points as Credit Suisse slide adds to financial sector woes
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I’ve been listening to some of Keating speaking on AUKUS at the NPC.
I have to say, IMHO, his arguments should be heard.
Besides, I enjoyed Keating telling the dills from the MSM to hang their heads in shame.
These are the same dills writing that Russian soldiers are reduced to fighting with shovels in their special operation in Ukraine.
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Peanuts
Beetle Bailey
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Dennis the Menace
Blondie
Report comment
Family Circus
Spooner
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Signature Bank’s Pride Council – Special Presentation: Know Your Pronouns with Finn Brigham
Signature Bank
https://www.youtube.com/watch?v=RQ5HY85-eIU&t=1391s
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Malcolm Turnbull raises concerns with AUKUS deal
https://www.abc.net.au/radionational/programs/breakfast/turnbull/102103596
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ECB Is First Central Bank to Face Rate Test. What It Means for the Fed.
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