TSXV:RHT.H - Post by User
Comment by
theinvestor22on Mar 17, 2023 5:46pm
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Post# 35346145
RE:RE:Banks are crashing...
RE:RE:Banks are crashing...People love to spout doom and gloom. Fear sells, I suppose. I can't recall any stock I've owned or followed - and that would be a lot over decades - being affected by any bank failure/stress issue anywhere, ever. I suppose its remotely possible, but highly unlikely, especially here in Canada.
Mitch43 wrote: Banks are not crashing so far, the few affected by some bank run due to depositors withdrawals in the news latey can easily be refloated/bought outright at a large discount by the biggies too big to fail .
However if even one of the biggies would crash that would be the 2008 monetary crisis revisited.
and a lot of startup co like RHT being wiped out\ with your invested money as well.