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1061  Economy / Economics / Re: Another bank?! | First Republic Bank stock halted for volatility on: March 18, 2023, 12:35:46 PM
~snip
This is not a healthy and dangerous trend. If the banks start to collapse one by one, then nothing good will come for the crypto industry either. The domino effect and general panic are unlikely to encourage former bank savers to invest in cryptocurrencies.

In general, this is by no means the first case when banks cease to exist, but people and companies still continue to keep money in them. Each time there are different names, but the principle of functioning and collapse is the same for them, which at such moments begins to work unstably: panic -> investors withdraw their assets -> those who didn't have time, they lost ->bankruptcy.

I wonder if companies will now think that it is time for them to change something? Can they use other ways to store their assets, or will each of them assume that these problems don't affect them?
I fundamentally disagree with you on this issue. Bitcoin was created amid the 2008 crisis as an alternative to the existing financial system, and there is nothing better for Bitcoin to flourish than another banking crisis.
1062  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: March 17, 2023, 03:46:20 PM
I think Russia has no reason to take Bakhmut...why chase enemy when other side is readily bringing new soldiers for
easy kill

Have you taken a look at the map? What can you see in the vicinity of Bakhmut? Elevated positions with cover of rocks, trees, hills, river banks? Do you see anything in there that looks like a good attacking position? No, you do not, it is exactly the opposite - You will see a nightmare for the attacker, were they are detected klicks away from the defending positions. Would you like to be the attacker there Branko?

Can't people just google before saying something silly?

The only reason to attack it is because it is the Donbas and the RF needs to take the Donbas to be able to sell some short of "victory" to the world. Wagnerites are expendable, people from Dagestan and other satellites of Moscow are spendable.

As I write this post, I am looking at the videos of Ukrainians training in Leopards. They seem veeeery pleased.
Geographically, Bakhmut is located in a lowland, and all the dominant heights around the city have long been controlled by Wagner. I don’t know what political and image dividends Ukraine is trying to extract by continuing to hold the city, but from a purely military point of view, this is madness, comparable to exchanging a bishop for a pawn in a chess game. The sacrifice may be justified if you have a sharp attacking combination play, but now it looks like a rather pathetic attempt to just buy some time to prepare for the mythical counter-offensive to Melitopol to cut the land corridor to the Crimea. It seems that this is the ultimate dream of Ukrainian military strategists.
1063  Economy / Economics / Re: Should we take the collapse of SVB and Credit Suisse as indicators of Woes Ahead on: March 17, 2023, 02:36:00 PM
As far as I know, both banks will be saved, and just today I read that Credit Suisse requested help from the Swiss central bank and that they were approved for help of up to 50 billion Swiss francs, which is about 54 billion EUR. The assumptions are that this will be enough to save the bank, and I have no doubt that the Swiss central bank will do its best to preserve the credibility of its banks.

I don't want to speculate at all about what could happen next, but I don't think we should expect a complete collapse of the banking system in the US or the EU. Of course, this does not mean that the banks are safe, especially the small and less well-known ones that probably no one will save.
Credit Suisse has problems much deeper than the lack of liquidity. The bank's downfall began a year ago when it violated centuries-old Swiss neutrality and froze some 19 billion Russian money. After that, the outflow of funds from Asian clients (mainly from China and the Middle East) began from the bank. Only in November last year, 84 billion dollars were withdrawn from Credit Suisse - this is to understand the scale of the problems. The current credit line will last for a maximum of a month if the bank fails to urgently address the loss of confidence among Asian customers.
1064  Economy / Economics / Re: The problem with Credit Suisse and banking sector. on: March 16, 2023, 07:29:37 AM
I think you all noticed that the stock market went down again and this time it's because of Credit Suisse.
It is still one of the biggest banks in Europe so the European banking sector has some problems too.

Their bonds, CDS, everything is going down and it's bad news not just for people from Europe but for everyone cos this is international.

Credit Suisse had some problems in previous years but this time it's wild. They delayed their annual report and announced that they have weaknesses in internal control which is awful for the bank. And the largest shareholders started saying that they won't give any money to Credit Suisse. People are withdrawing from this bank for the last 3 months but now it's got even worse.

Because risk is getting higher, people move away from banks to invest in more stable assets. The US is helping banks to bail out depositors but banks still have to keep credit flowing which is pretty hard considering the loss of trust in this sector.

I think the best decision right now is to wait for what will happen next because it's pretty hard to predict where the market will move next.
The Swiss National Bank (SNB), together with the Swiss Financial Market Supervisory Authority, issued a press release stating that the problems of some banks in the US do not pose a risk to Swiss banks. And Credit Suisse has everything in order - it meets the requirements for capital and liquidity.

Well, CS, for its part, immediately announced its intention to get access to the SNB credit line in the amount of $54 billion. "Which will certainly support business and customers."

The collapse of the global financial system is temporarily delayed.
1065  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: March 16, 2023, 07:21:45 AM
Meanwhile, the RF air force has decided that it is ok to down US drones in international waters. I wonder what may happen next.
No one shot him down, they just pissed on kerosene with a nearby flying plane and he himself fell. Grin
1066  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: March 03, 2023, 07:54:31 AM

Sanctions are not useless; on the contrary, they are very useful for Russia. Under conditions of free trade and an open market, Russia had no chance to develop its own economy, and it is precisely the closing of borders thanks to sanctions that gives Russia a chance to become economically self-sufficient and throw off the suffocating "Parshev's noose" from its neck. When two-thirds of your territory is permafrost, globalization and transparent borders become unprofitable. Russia becomes stronger in the presence of strong external threats and weakens when surrounded by friends. For Russia, the collapse of the USSR in the economic sense was not a tragedy, but a boon. Fool who does not understand this.
If sanctions are useful for Russia's economic development, and open borders only weaken it, then in 5-10 years we expect an economic miracle in this country. After all, even after so many years, if the sanctions are lifted, their consequences will be felt for many more years. Then Russia will become as strong as the current North Korea, which is also under certain sanctions and has been a closed country for many years. The strength of North Korea even allows you to claim that they can help a weakened Russia in the supply of military equipment for the war with Ukraine. True, in North Korea itself, a shortage of food is now especially evident, as well as other benefits of civilization. However, her government also claims that the well-being of the people of North Korea is constantly improving. Self-love is a big thing. Russia will soon have to deal with this as well.
Are you seriously comparing Russia and North Korea? Why not with Cuba, it has also been under sanctions for half a century? Russia cannot be compared with anyone, it is a unique geopolitical formation, if only because of its scale. But in what you are right - within 5-10 years, Russia really has every chance of an economic miracle.
1067  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: March 03, 2023, 05:52:13 AM
Yeah, seems that plane wasn't damaged.
Oops, theguardian posted a fake. Grin

But there is more epic video published, than potentially destroying plane:
https://t.me/truexanewsua/69925
Cheap FPV drone arrived to air base unnoticed, landed on the plane and after some time it fly away from airbase. Just perfect level of Belarus air defence.
Ahaha, just now you were celebrating a $330 million plane damage, and now you're celebrating a video from a cheap drone. You don't need much to be happy, just a drop of propaganda shit.

Of course you are a Nazi. The cultivation of hatred for everything Russian in Ukraine has become the cornerstone of the formation of national identity in Ukraine in recent history. You are not just Ukrainian, you are anti-Russian.

I'm not Ukrainian, but yeah, I'm anti-Russian and I don't see any reasons to like Russia. But if I'm Nazi just because I don't like Russians, then who are you?:
It does not matter how many houses will have to be destroyed and how many more people will have to be killed.
There can be no half measures in the fight against Nazism. You, too, will be denazified if you do not reconsider your views on this issue.
1068  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: March 02, 2023, 10:10:16 PM
Another news from "great russia", "whose economy is stable, and sanctions are useless" Smiley
Sanctions are not useless; on the contrary, they are very useful for Russia. Under conditions of free trade and an open market, Russia had no chance to develop its own economy, and it is precisely the closing of borders thanks to sanctions that gives Russia a chance to become economically self-sufficient and throw off the suffocating "Parshev's noose" from its neck. When two-thirds of your territory is permafrost, globalization and transparent borders become unprofitable. Russia becomes stronger in the presence of strong external threats and weakens when surrounded by friends. For Russia, the collapse of the USSR in the economic sense was not a tragedy, but a boon. Fool who does not understand this.
1069  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: March 02, 2023, 07:45:59 AM
Quote
- Western Ukraine is filled with Nazis who hate people that aren't Ukrainian, don't speak the Ukrainian language.
Calling someone Nazi just because they hate people who don't speak official language of country is a bit too stroong word. In my country there is also many people who live there 70-80 years and they speak just Russian. I don't like them too, so, Im probably also Nazi.
Amusing coming out. Grin

Of course you are a Nazi. The cultivation of hatred for everything Russian in Ukraine has become the cornerstone of the formation of national identity in Ukraine in recent history. You are not just Ukrainian, you are anti-Russian.
1070  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: March 02, 2023, 01:18:01 AM
If someone haven't saw yet, there is some interesting news from Belarus. Someone blew up Russian plane nearby to Minsk. There isn't just simple plane, it have radar which is able to detect activated air defence systems and and target it. There is just few such planes in service and each is worth $330m. It was done either by Ukrainian drones or Belarus partisans did it
https://www.theguardian.com/world/2023/feb/27/belarus-anti-war-partisans-russian-plane-drones-machulishchy-damage-claim
Maybe it's not same level like sinking Moskva ship, but still impressive.
The Ministry of Defense of the Republic of Belarus claims that the A-50 aircraft was not injured as a result of the terrorist attack.
1071  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: March 01, 2023, 10:40:14 AM
Quote
The percentage burden of the federal government has risen from 4 to almost 40 billion euros since 2021. This is money that we will not have enough in the future for something else - for education, digitalization, investment in climate protection.
Who is so smart, you ask? And this is Christian Lindner - Minister of Finance of Germany. Grin
1072  Economy / Economics / Re: [Article] How ChatGPT Will Destabilize White-Collar Work on: March 01, 2023, 10:28:18 AM
I have tested ChatGPT for a few weeks and can say the following. I think in the very near future, at least 50% (this is a conservative estimate, possibly 80%) of white-collar workers working in commercial structures will have problems finding employment.
1073  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: February 21, 2023, 10:30:29 PM
Putin speech today was boring and waste of time, he again repeats old stuff.
You are right, and yet you watched it. But Zelensky's speeches are not particularly popular in Russia, I think no one watches them at all. And Biden's recent speech from Kyiv did not arouse any interest, except perhaps for the fact that the United States asked Russia for guarantees of his safety a few hours before the unannounced visit.

Now Russia is the actual guarantor of security in Europe, remember this. And even in Poland, Biden spoke from behind a bulletproof barrier because he is afraid and knows there is a new sheriff in the city. Grin
1074  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: February 21, 2023, 05:50:09 PM
It was due to expire in coming 2 years that is 2026
Well, it expired today, it happens.
1075  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: February 21, 2023, 05:35:41 PM
And wonderful Russia just announced that they are withdrawing from the START treaty.

Read: Iran is getting Russian nukes.
Iran, even without Russia's help, is close to enriching uranium to weapons-grade purity, and no one seems to be able to prevent this. Suspension of Russia's membership in the offensive strategic nuclear arms treaty is a kind of US invitation to resume full-scale nuclear testing, and the test site on Novaya Zemlya is ready for this. In general, Putin's speech today was surprisingly mild, many expected him to declare war or mass mobilization, but most of the time he spoke about socio-economic issues. As a curiosity, I can note Putin's proposal to put things in order with the holidays for the participants in the special operation, which means that this conflict can not be expected to end soon. I think this story will drag on for at least another year or two.
1076  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: February 17, 2023, 07:04:24 AM
Your links is broken
Maybe learn to post proper links before calling other people idiots?

Maybe learn to google before being an idiot.

Link

Quote
Oтpяд cпeциaльнoгo нaзнaчeния «Aвaнгapд» (бывш. «Эдeльвeйc»)

Another link

Quote
«Эдeльвeйc» — бывшee нaзвaниe 17-oгo oтpядa cпeциaльнoгo нaзнaчeния Boйcк нaциoнaльнoй гвapдии Poccии.

Quote
«Эдeльвeйc» — мнoгoфyнкциoнaльный выcoтный жилoй кoмплeкc в Mocквe.

Yeah totally nazi flower.
Giving links to pages on Wikipedia with unverified information and a lot of fresh edits from 02/15/2023, you look more like an idiot here.
1077  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: February 11, 2023, 02:37:26 PM
Your country managed to deal with the crisis in a way better than many of the analysts anticipated.
Hah, you can find "analysts" predicting all sorts of thing but you had to be very naive to believe those fearmongers "predicting" that EU would freeze to death.

Let's be frank, Europe was helped not by analysts' mistakes, but by this abnormally warm winter. There has never been a frost so far this winter.
Let's be frank, in all sincerity, do you really believe that Western European families were sitting at home or at work with winter coats in a cold environment and because of the warm winter, they managed to escape? Do you really believe that? Don't you want to just visit Europe for a while to see reality yourself?
I did not state or expect that Europe would freeze over this winter. It was immediately obvious that the authorities would not allow this and the energy-intensive industry would become a victim of the energy shortage, which actually happened.
1078  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: February 01, 2023, 03:58:17 PM
And what did she achieve? Only the hatred of Ukrainians for Russia and everything Russian.
That is, when thousands of people every year walked through the streets of Kyiv in a torchlight procession in honor of the Nazi Bandera and chanted "Cut the Russians" in chorus, was this not yet hatred? Grin
1079  Other / Politics & Society / Re: Ukraine: Is the Hammer About to Fall? on: January 31, 2023, 05:17:18 AM
"Hammer to fall on April 14"
in the meantime
On behalf of everyone in Europe German foreign minister declared war with Russia
https://youtu.be/ZriXLCgNLCU?t=87
Wars are not declared this way, and the Minister of Foreign Affairs is well aware of this. There are no fools in Europe to fight with Russia, because it could end very badly for Europe. Only the neo-Nazis of Ukraine have the suicidal courage to challenge Russia. It seems that Goebbels also said about them: “Bandera’s are insane maniacs, or, in other words, brutalized cattle. But it is precisely these that we need in this period of time in order to destroy the recalcitrant Slavs. And then they themselves must be destroyed, since animals have no place among people ".

Russia is doing a great service to Europe and the whole world by conducting an operation to denazify Ukraine.

So you still think it was Russia who defeated the German Reich?? You seem to be forgetting that most of WW II was actually fought in Ukraine and that millions of Ukrainians were the ones who actually fought, died and won the battles with the Nazi Germany only to be betrayed by Stalin.

Quote
Ukraine paid the biggest price for victory in the Second World War. As a vital contributor to the Red Army and a key provider of industrial resources in the USSR, Ukraine incurred the largest number of casualties during WWII. Russia has claimed the victory for itself and has officially denied the Ukrainian role in the fight against the Nazis.

The real number of victims during WWII is still not fully known. Some relevant data is still held in Russian archives and is not available for non-Russian researchers. However, of the 41.7 million people living in Ukrainian Soviet Republic before the war, only 27.4 million were alive in Ukraine in 1945. Official data says that at least 8 million Ukrainians lost their lives: 5.5 - 6 million civilians, and more than 2.5 million natives of Ukraine were killed at the front. The data varies between 8 to 14 million killed, however, only 6 million have been identified.

Remarkably, in December

Ask yourself, who liberated who from the real Nazis? Whose territory, cities, soldiers and civilians made YOU free to rant and spread disinformation? Another one here who has forgotten the price of freedom.
This is not about the Second World War, but about the outbreak of ultra-right nationalism in Ukraine already in the 21st century, when Bandera and the SS division of Galicia began to be honored in Ukraine as heroes, and the Nazi battalion Azov became part of the Armed Forces of Ukraine.
1080  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: January 28, 2023, 09:36:22 PM
Your country managed to deal with the crisis in a way better than many of the analysts anticipated.
Hah, you can find "analysts" predicting all sorts of thing but you had to be very naive to believe those fearmongers "predicting" that EU would freeze to death.

Let's be frank, Europe was helped not by analysts' mistakes, but by this abnormally warm winter. There has never been a frost so far this winter.
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