Post by
SupremeNed on Mar 17, 2023 1:44pm
Banks are crashing...
I rather keep my money with Lisa :)
Comment by
Mitch43 on Mar 17, 2023 2:09pm
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.
Comment by
SupremeNed on Mar 17, 2023 3:21pm
and they wouldn t survive because??? you need to expend on your theory. t
Comment by
Mitch43 on Mar 17, 2023 3:44pm
Because a lot of them (CO) did not survive the global monetary crash of 2008...which caused a lot of people globally to lose some of their investments
Comment by
SupremeNed on Mar 17, 2023 4:39pm
i don t agree with your analys for this particular company. sorry
Comment by
theinvestor22 on Mar 17, 2023 5:46pm
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.