if you think this is a key federal responsibility why not just nationalize the banking sector
brendan
brendan@nostrplebs.com
npub1fe77...t09p
toronto, canada
gm homies ☀️ ❄️ ☕️
“…large business depositors such as SVB’s are extremely price sensitive. They demand more interest as soon as they see rates rise. Small retail depositors don’t bother. Hence the immediate pressure on SVB’s margins.”
DEMAND MORE INTEREST!
Client Challenge
in the spirit of today’s events, remember to pressure your bank to pay higher deposit rates. demand more or withdraw your funds!
feeling grateful on this winter day walking through the park and seeing the snow cling to the trees with a little bit of woodsmoke in the air
who’s got a good news story they wanna share?
news itself is advertising and then they throw ads on top
mass media is corporate stenography
i think i’ll make steak tonight
what’s your favourite cut? @plebchain
when you strip away a lot of the myth making around being a canadian and just look at our policies, you get the sense we’re just a handful of family corporations masquerading as a country
banks doin’ bank things. gm all
don’t let the news get ya down
gn good people of nostr 😴 ✌️
the vibe after reading long threads on SVB
found a nice view on the way home picking up diapers. little moments of calm
the blue hour
honestly i’d never heard of the silicon valley bank. someone fill me in here
#coffeechain let’s do this ☕️
gm. do you remember the sun, #toronto?
you are all great. gn
this guy has every incentive to say these things, but he has an interesting take on the way forward
CNBC
Commercial real estate has a 'shock coming' as return-to-office plans fall short, CEO says
Offices in the future could work in a similar way to gas stations, Mark Dixon, CEO of flexible office company IWG, told CNBC.