No joke, I bank with First Republic. Seeing their stock slide 60 points is more than just a little unnerving. We're protected, but it's terrifying to see such a panic in the banking system. It's the infrastructure for the entire economy. If people lose confidence in banks, and cryptocurrencies are fully in the tank, what's left?
I hope this is just a temporary blip and that sanity will return soon, but the panic is real.
It's almost like we learned nothing from 2008. Overleveraged and unable to cover debts. I don't blame people for not trusting bank companies.
Edit: oh I just read the thread and realized this is a joke for all of you. Kay then, I have a few choice cursewords for all of you.
__________________
"You know, that's kinda why I came here, to show that I don't suck that much" ~ Devin Cooley, Professional Goaltender
|