US Banking Crisis: The Truth Behind The Disaster

[Hamu mahaththaya1]

 

[thisNameIsForElakiri]

 

[kinkon]

සිලී කොන් වැලි

 

[Podinilame]

Mokakda ban reason eka

 

[thisNameIsForElakiri]

credit suisse ekatath badu vage ?

 

[acryan]

The greatest depression of our time is coming. Liquidity crisis is here finally

aniwa me yana widiya nam mara dangerous bung

Largest shareholder of Credit Suisse, a bank with $578 billion in assets, says it can't provide more financial support.

https://www.reuters.com/business/fi...formation-plan-doesnt-think-extra-2023-03-15/

Bank Stocks Today: 1. Credit Suisse, $CS: -23% 2. First Republic, $FRC: -15% 3. PacWest, $PACW: -11%


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credit suisse ekatath badu vage ?

Yes Marama risky bung
------ Post added on Mar 15, 2023 at 9:07 PM

 

[snm1990]

USA ohoma unath lankawe ehema wenne ne... me dawaswala CSE eke banking shares rocket wage

 

[thisNameIsForElakiri]

USA ohoma unath lankawe ehema wenne ne... me dawaswala CSE eke banking shares rocket wage

kattiya ussala sell krnva vage ?

 

[redux]

ඇමෙරිකාවෙ උන් ආගම් අදහන්න පටන් අරන් ඇති. නැත්තන් ගේ මැරේජ් තහනන් කරන්න ඇති. මොකද ප්‍රොෆෙසර් සඳකත් නං කිව්වේ නිදහසේ හිතන, දියුණු, ආගම් අදහන්නේ නැති, සම ලිංගික සෙක්ස් කරන රටවල් හැමදාම සශ්‍රීකය් කියල

 

[earthling]

Mokakda ban reason eka

15 minutes video eka balanda iwasimak na?

In short.. they invested heavily on long term bonds with the deposits of their customers. (Mostly tech startups in Silicon Valley). Because the long term bonds paid higher interest rates compared to short term ones.

Because of the inflation, the government suddenly raised the interest rates, like what Sri Lanka did.

This made the short term bonds interest rates increase & paid more than the long term bonds.

The demand for long term bonds went down. The bank panicked & unloaded their long term bonds all at ones.

This panicked their customers & the customers tried to withdraw all of their deposits at once. Since the bank had already invested the depositers money in long term bonds, & now they were selling for a loss, the bank was taking billion $ losses and simply they did not have enough liquid cash in the bank to give back to their customers.

From having monetary assets of over $200 billion a month ago, they went to bankruptcy within 30 days.

They had x2 times Sri Lanka's total debt ($100 billion $s) as monetary assests just a month ago.. and it went to 0 in about 30 days..