DEPRESSIONsteria: Best Recession and Banking Collapse Memes (Woke Banking!)

Go woke, go have a bank failure. The good ol’ days when you egged & toilet papered enemy homes. Inverse Moody’s, give credit where its do and more recession memes as our banking system implodes!

Silicon Valley Bank has become the second largest bank failure in American history as the Inverse Cramer strikes again (RECESSIONsteria: Best Jim Cramer Memes (Inverse Cramer Strikes Again!)). But don’t worry, everything else is fine in Biden’s America and the economy has never been stronger:

Bill Ackman@BillAckman

From a source I trust: @SVB_Financial depositors will get ~50% on Mon/Tues and the balance based on realized value over the next 3-6 months. If this proves true, I expect there will be bank runs beginning Monday am at a large number of non-SIB banks. No company will take even a… https://t.co/2BoqtCDKJt

9:07 PM · Mar 11, 2023

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2.53K Reposts · 10.6K Likes

Bill Ackman@BillAckman

What should the FDIC do? @FDICgov to guarantee all bank deposits by Sunday night before Asia open and call a time out. Run a process to recapitalize @SVB_Financial while managing liquidation of UST and MBS portfolios to be reinvested in short term UST. Determine the capital hole… https://t.co/g96k1b7soy

11:16 PM · Mar 11, 2023

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324 Reposts · 2.12K Likes

unusual_whales@unusual_whales

David Sacks has said: The Fed may or may not realize it but it has created a two-tier banking system: 1. Tier 1: Systemically Important Banks. These are the "too big to fail" biggest banks. If you have money there, it's a true deposit. You can't lose it. 2. Tier 2: Everyone… https://t.co/Ya8wyKtCij

7:46 PM · Mar 12, 2023

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904 Reposts · 5.42K Likes

Bob Elliott@BobEUnlimited

Fed/FDIC decisions on SVB determine whether they risk a bank run trillions of dollars in size. 1/3 of US deposits are in small banks and ~50% are uninsured. Haircutting SVB depositors will raise sensible questions about holding deposits at any small bank, risking a broader run.

12:59 PM · Mar 11, 2023

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719 Reposts · 2.59K Likes

unusual_whales@unusual_whales

@BillAckman @SVB_Financial Bill, this may interest you: Before the collapse, executives sold shares. Gregory Becker, CEO, sold 11% on Feb 27, 2023. Michael Zucker, Counsel, 19% on Feb 5. Daniel Beck, CFO, 32% on Feb 27. Michelle Draper, CMO, 25% on Feb 1. Read more: unusualwhales.com/news/numerous-…

9:15 PM · Mar 11, 2023

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1.05K Reposts · 4.16K Likes

Silicon Valley Bank employees received bonuses hours before government takeover

And now for some financial crisis recession memes…

Can’t think of one:

Except maybe this one:

The official line:

Give credit where its do:

Go woke, go have a bank failure:

SVB had NO head of 'risk assessment' for nine months before it collapsed... as woke boss for Europe, Middle East and Africa was busy organizing a month-long Pride campaign and a 'Lesbian Visibility Day'

Genevieve Roch-Decter, CFA@GRDecter

2022: Deposit holders can’t access their crypto at FTX because of fraud. 2023: Deposit holders can’t access their cash at Silicon Valley Bank because of horrendous risk management. What’s next?

3:21 PM · Mar 12, 2023

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489 Reposts · 3.07K Likes

Inverse Moody’s:

More Inverse Cramer (RECESSIONsteria: Best Jim Cramer Memes (Inverse Cramer Strikes Again!)):

It’s already here:

Subprime Auto Lender And Used Car Retailer Collapses As Distress Cycle Finally Arrives

Perfect Storm Arrives: "Massive Wave" Of Car Repossessions And Loan Defaults To Trigger Auto Market Disaster, Cripple US Economy

Well, not everything is yet here:

Ladies, he’s prepared for what is coming next:

Always look at the bright side of life:

The good ol’ days:

The final word(s):

* Tags updated as of June 6, 2023.

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