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 Two Major Banks in the U.S failed this week.
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 Return to top of page · Post #: 31 · Written at 3:52:07 PM on 25 March 2023.
Brad's avatar
 Administrator
 Location: Naremburn, NSW
 Member since 15 November 2005
 Member #: 1
 Postcount: 7382

Marcc in the past all public disabled toilets where men's toilets.

Up to a point, that was quite true. In Sydney's CBD there were four or five locations where there were underground public toilets for blokes but nothing for sheilas. Even before accounting for the fact that it takes a woman longer, how did they manage it. Did they do their wee wee in Farmers or David Jones, etc?

The underground toilets are still there but they are locked off, deemed unhygenic, which makes me wonder why some brainiac suggested they gut the toilet blocks and turn them into trendy coffee shops. Surely that would not get the not from the Ministry of Health...


‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾
A valve a day keeps the transistor away...

 
 Return to top of page · Post #: 32 · Written at 4:19:42 PM on 25 March 2023.
Robbbert's avatar
 Location: Hill Top, NSW
 Member since 18 September 2015
 Member #: 1801
 Postcount: 2068

To get back on topic, Germany's Deutsche Bank is having issues.

It has 80,000 employees and over $1 trillion in assets, so if it fell over it would make a huge splash.


 
 Return to top of page · Post #: 33 · Written at 10:23:02 AM on 26 March 2023.
Marcc's avatar
 Location: Wangaratta, VIC
 Member since 21 February 2009
 Member #: 438
 Postcount: 5364

I would suspect that greed & politics has a lot to do with most of the issues.

Once upon a time the word has a form of Gold standard, which worked for thousands of years, then we had the English Pound, Gold stocks were then abandoned & dispersed & we got the US dollar.

The US got very upset when EU wanted to trade their commodities, mainly oil in Euros & now China in Yuan. If they did, or do, that the "Holier-Than-Though, home of double standards, greed, money changers in the temple & more; Stands to lose mega bucks.

In the meantime bucket loads of coin has to be going somewhere.

This is after all not the age of Aquarius, or any other: Its the age of greed & corruption and over population which in itself is greed.


 
 Return to top of page · Post #: 34 · Written at 7:06:06 PM on 1 May 2023.
Robbbert's avatar
 Location: Hill Top, NSW
 Member since 18 September 2015
 Member #: 1801
 Postcount: 2068

First Republic Bank crashed, the regulators wound it up, then sold the remains to JP Morgan bank.

https://www.abc.net.au/news/2023-05-01/authorities-sell-first-republic-before-market-open/102288876


 
 Return to top of page · Post #: 35 · Written at 1:09:20 AM on 5 May 2023.
NewVista's avatar
 Location: Silver City WI, US
 Member since 10 May 2013
 Member #: 1340
 Postcount: 977

Top story now is PacWest that I mentioned earlier. It recovered nicely from initial mini panic in March ["crisis averted"?] Well, not quite: looks like she's now going under!


 
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