Mario Nawfal

Twitter responsible for the banking crisis? 😂 The Credit Suisse Chairman was questioned re the reason for the bank’s collapse. He lay the blame on “social media”. This was a sentiment echoed by the head of FINMA. She argued that Credit Suisse was a healthy bank but “speculation spread on social media” consequently triggered the crisis. Furthermore, she argued “contagion spread from the US” had “sealed the Swiss bank’s fate” Should social media be censored or should banks incorporate the speedy impact of social media into their risk management?

#BREAKING: A coalition of Central Banks just announced coordinated action to enhance liquidity through U.S. dollar swap lines. This includes: 🇺🇸 US Federal Reserve 🇪🇺 European Central Bank 🇨🇦 Bank of Canada 🏴󠁧󠁢󠁥󠁮󠁧󠁿 Bank of England 🇯🇵 Bank of Japan 🇨🇭 Swiss National Bank What does this mean? 1. This is a precautionary step in case the Credit Suisse acquisition does not go through, which will lead to volatility 2. This signals central bank concerns over the current banking crisis 3. The swap lines offer liquidity to non-US Central Banks in case we face other events similar to Credit Suisse 4. This could be a signal that quantitive tightening cannot go on much longer and rate hikes could pause soon 5. This shows the strength of the US dollar as a reserve currency

#BREAKING: It's official, UBS has announced the takeover of Credit Suisse with the support of the Swiss Government. Some highlights: - Both banks will have UNRESTRICTED access to Swiss National Bank facilities - Both banks can obtain liquidy assistance loans up to 100 billion CHF backed by the Federal Default Guarantee - FINMA: There was a risk of CS beomcing illiquid - Swiss President Berset: It's not possible to restore confidence in Credit Suisse - Swiss Government grants UBS $9.79 bln guarantee on Credit Suisse losses - UBS credit default swaps have doubled since news broke that it would rescue Credit Suisse - Snb's Chairman Jordan: US banking crisis aggravated Credit Suisse crisis - Swiss President: Deposit outflows on Friday showed that stabilization of Credit Suisse was necessary

#BREAKING: UBS has agreed to buy Credit Suisse after increasing its offer to more than $2bn This is about 70% lower than Credit Suisse's closing price on Friday The Swiss National Bank will offer a $100bn liquidity line to UBS as part of Credit Suisse deal Is the worst over?

Vivek Ramaswamy live from our spaces yesterday: "Trump is being prosecuted because he is a political candidate" "For these set of same facts, would someone else have been criminally prosecuted. The answer is ABSOLUTELY NOT" Do you agree with Vivek, or are Trump's legal woes catching up to him?

Space crashed. What's your stance on Trump's arrest? Is it political or strictly a legal move? What about the Biden family's corruption allegations?

#LIVE: Mike Cernovich joins Sebastian Gorka, Kim DotCom, Brian Krassenstein, Tom Fitton, Brandon Straka and others to discuss Trump's arrest on Tuesday Incredible space, heated debate on whether this arrest is politically motivated t.co/766Q9RIz4C

Will trump be locked up? t.co/766Q9RIz4C

#LIVE: Vivek Ramaswamy and Sebastian Gorka live on stage discussing Trump's potential arrest on Tuesday What should we ask them? t.co/766Q9RIz4C

#BREAKING: Donald Trump, Stormy Daniels, Fraud and Arrest President Donald Trump has confirmed on Truth Social he will be arrested on Tuesday. What is the accusation? Should he be arrested? Is this a political move? (a thread) t.co/3yZ1CecaiM

#BREAKING: Trump claims he will be arrested on Tuesday! t.co/wA6zdwaDpc

#BREAKING: 186 banks have similar risks as Silicon Valley Bank Economists assessed asset books and market value losses of US banks, as well as banks’ funding percentages. According to the new study, if half of these uninsured depositors were to withdraw funds rapidly from any of these 186 U.S. banks, even insured depositors might face impairments. This is due to insufficient assets available for all depositors. In such cases, intervention from the FDIC could become necessary. “Our calculations suggest these banks are certainly at a potential risk of a run, absent other government intervention or recapitalization.”

#BREAKING: Trump may be HANDCUFFED and arrested next week. This is as a result of a possible indictment. Could this be the end of Trump? t.co/XR9xwcMmdy

#BREAKING: The International Criminal Court has issued an arrest warrant for Russian President Vladimir Putin The court alleges he is responsible for war crimes, including the unlawful deportation of children from Ukraine to Russia Russia's response: "The decisions of the ICC have no meaning for our country, including from a legal point of view" Putin joins Gaddafi and Joseph Kony (remember him?) on the list of 50 people indicted by the court. Note that the ICC does not have jurisdiction over Russian nationals for the crime of aggression. Also, the ICC does not have its own police force to arrest individuals and relies on the cooperation of countries to execute the arrest warrants.

#BREAKING: Bank records obtained by the Oversight Committee have revealed that the Biden Family received money from a Chinese energy company. This money went to: Hunter Biden James Biden Hallie Biden UNKNOWN Biden Was the UNKNOWN Biden, President Biden?

#BREAKING: European financial regulators are “furious” at the handling of Silicon Valley Bank by US authorities. “They tore up a rule book they helped write.” Senior Eurozone official said the US showed “total and utter incompetence” t.co/I9BxoUKLCd

#BREAKING: The ECB INCREASED interest rates by 0.5% to 3.5%. Although this was forecasted, many believed the rate would be frozen ased on the Credit Suisse meltdown Are central banks detached from the current banking crisis?

Unpopular opinion: Credit Suisse will not exist by end of year

Is TikTok ‘too big to ban’?

One point of consensus: Fear and greed has never been more VIRAL thanks to new means of media. FTX and Silicon Valley Bank are two such examples Can regulators & bankers keep up with these new levels of transparency & accountability? Our bullshit detector has never been better! t.co/I04Hj4S7iA

#BREAKING: Credit Suisse will borrow up to ₣50 billion from the Swiss central bank 5.5 hours ago: "Credit Suisse meets the capital and liquidity requirements imposed on systemically important banks” - Swiss National Bank So every time regulators say a bank is fine, RUN.

#BREAKING: U.S. threatens to ban TikTok if Chinese founder does not sell ownership stake! The battle begins... t.co/Bb585mYZ9E

#BREAKING: Swiss regulators hold talks to stabilize Credit Suisse. Finma about to make a statement. Credit Suisse stock recovers. All in the last few minutes... Bailout incoming?

#BREAKING: I'm trying to avoid comparing this to 08, but if you add Silvergate (not included below), bank failures are the worst in decades and worst than 2008's global financial crisis Are we being too complacent and too optimistic? t.co/Yg43fE1Y8J

#BREAKING: Leak claims Credit Suisse has appealed to the Swiss National Bank and Finma for help. This is no joke, Credit Suisse is on the Globally Systemically Important Banks list. The list only has 33 banks with 7 of them being Chinese state-owned banks. t.co/cWKoADL7HX