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re: All this bank hysteria reminds me of the cray toilet paper crisis during China Virus hype
Posted on 3/13/23 at 8:53 pm to UltimaParadox
Posted on 3/13/23 at 8:53 pm to UltimaParadox
Nothing about the current financial situation is overblown
2
Posted on 3/13/23 at 9:05 pm to DCtiger1
Agreed. But you know a lot of people have to experience the pain themselves before they truly realize pain exists. Safe World theorists. Things are great, what could possibly happen? People prefer an illusion that reassures them to the hard work of connecting the dots and realizing where things are likely headed.
Posted on 3/13/23 at 9:23 pm to DCtiger1
quote:We don't have to go back that far to know that the current situation is quite bad. It's made even worse by Joey and Janet holding the levers. I don't even want to look at what the markets did today.
Nothing about the current financial situation is overblown
quote:So who in the frick is going to be funding this? He really is one dumb, senile son-of-a-bitch.
Biden directly explained to the public what exactly he has instructed his administration to do to protect small businesses and workers, including backstopping depositors’ funds, taxpayers not being on the hook for these moves, holding those responsible accountable and not extending relief to investors of Silicon Valley Bank.
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