You have to understand that most banks going insolvent just have liquidity issues. So they have more assets then liabilities on their books, but lack the cash to pay their dues. Like when somebody owns their house outright, but don't have enough money in their checking account to pay the bills. If you are another bank, taking the assets at a discounts can be worth taking on the liabilities.

---

I've had a slight cold for the last 1-2 days...It's literally just the typical sniffles, runny nose, kinda raw nose / throat. Not a big deal at all. I hope people are back to pre-covid attitudes where they don't give a fuck anymore...Not the "Oh, he sneezed, now he's gonna give me covid and get me sick" shit that we had a few years ago.

---

Doller gonna fail to the top side. Because it's a matter of time when this country is going to sell the treasury , and bond yields gonna skyrocket.bank starts failing . But who cares until the election anyway the market is manipulated .

---

BTC dropping like a stone. About to be under 62k for the first time since Feb. Not a lot of support between here and low 50's and high 40's. Puts on MSTR are looking like a good move to me.

---

Crypto having a fire sale.

---

This is a lie, I’m 38 and was told I’d find someone after my breakup at 26….here we are 12 years later

---

i open horse kissed a mouth once

---

This doesn’t necessarily mean anything, the underlying in derivatives might seem like a lot without anyone really being exposed to much. Think of an interest rate swap (a derivative) entered into between a large company and a bank, the notional might be $1bn in order to fix or float one of the company’s bonds, but actually no one is exposed to $1bn really, parties are exposed to the cash flows derived from the 1bn notional, these might be just a fraction of that and also they are exchanged both ways. The real exposure is only the net difference in PV of cash flows between the floating and fixed (except in the case of default, but even then you are not then required to keep making your side of the payments if the other party is in default)

---

Some chatter about yields opening on the floor over 5% in the morning - I didn’t realize they ever really closed. Lots to learn IG we’ll see in a few hours

---

I’m 38 and have been doing the same all my life. It’s impossible now being that I work remotely so can’t form relationships and going up to random women is frowned upon now. I’ve never used Tinder until last year and I haven’t gotten a match the entire time I’ve been on the app.

---