JimmyPx makes a comment on my last post that I would like to address. The first part is the statement that Social Security isn’t an entitlement. This is a common feeling, because many people seem Read more…
The world’s largest bank, JPMorgan, has stated that attempts of Ukraine reconstructing their infrastructure have a 67% chance of failure. Of course, the MSM doesn’t want to hear that. They make plainly biased statements like Read more…
Global wealth manager UBS has released a report that says the government may make its growing debt more manageable by turning to additional financial repression measures that would artificially lower the yield on government bonds. Read more…
6 Comments
KurtP · March 11, 2023 at 8:47 pm
Since we have another Dem. administration- are we going to start hearing about “to big to fail!”
Again,,,, and watch as they throw billions trying to keep the Titanic afloat
it's just Boris · March 11, 2023 at 8:51 pm
What’s that phrase again? Moral hazard? Nah, that can’t be it.
Big Ruckus D · March 11, 2023 at 9:21 pm
Larry fuckin Summers. If I saw this guy drowning 100 feet from shore, I wouldn’t even throw him a 50 foot rope so I could claim I met him halfway.
I heard he had a stroke of genius once, right after he named his dick “Einstein”.
Jonathan · March 12, 2023 at 1:21 am
I’m sure that we’ll soon see claims that the economy will fall apart if we don’t bail out financial criminals AGAIN.
They lied to is last time about the problem and I assume they will this time too…
Aesop · March 12, 2023 at 2:29 pm
Haven’t paid much attention, since it’s mainly affecting self-entitled Silicon Valley @$$clowns and their woketard companies.
What was their excuse? “We left $50B in our other pants?”
Oh, wait, I see.
“We bought shit investments, interest rates rose, and now they’re worth less than we paid for them. Oopsie!”
This wasn’t loan defaults. Just no one there ever considered interest rates could rise.
Geniuses.
And then the Gods Of The Copybook Headings did a snap audit, and found out they were uber-broke.
Smartest men in the room strike again.
Aesop · March 12, 2023 at 9:16 pm
UPDATE: The Feds just decided they’re “Too Big To Fail”.
Second bank back east, same-same.
Remember this when you file your income taxes next month.
https://www.youtube.com/watch?v=Db_qXKBle08
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