The end of the FDIC means the TBTF banks will become larger by buying the small ones. The end of the CFBP means scammers like FTX & Binance will be back. Of course the CFBP didn't do shit to prevent it in 2021 either so it wasn't very useful in that regard. Congress will never okay the end of FDIC. It is a popular regulation from the Great Depression that is there to protect retail deposits. I'm pretty sure the March 2023 run on deposits at SVB & FRC would have spread like wildfire if the regulators didn't guarantee deposits even higher than $250K. I think the regulators implied an infinite deposit guarantee. Of course I never thought Clinton would repeal Glass-Steagall either but it happened in 1999 to facilitate the Citibank & Travelers Insurance merger..
Nope! Too late for that! You already called 80K, every one of us heard you. Time to man up and take your wrong. Don't go off this time to run and hide like a little girl. Own up to your mistake as another bad call...
Not sure, as it takes a lot of time to show stability above $100k, so $110k doesn’t seem possible to me. Keeping a close eye on the market.
That's funny, I see a time stamp saying otherwise lol. I didn't see you guys post anything. You lap dogs have to wait for your master to post a screenshot AFTER price moves, and then pile on board. AND where did I "call" 80k? I said we could see 70ks before this resumes lol...could. You guys not only can't forecast, you can't read either lol. Regardless, TA isn't static...like I said, pilots post a flight plan but will deviate according to weather...they don't just say "nope...I filed our flight and that's where we gotta go." lol