The economy comes crashing down

[slimslob]

Re: The economy comes crashing down

Are We In A Recession Yet? – Forbes Advisor
Wait that right Forbes isn't Fox either.

[bsm2]

Re: The economy comes crashing down

Guess What economy is Booming

Biden BOOMM Baby

[Copier Addict]

Re: The economy comes crashing down

2023 recession will start later than thought, economists predict

[slimslob]

Re: The economy comes crashing down

[bsm2]

Re: The economy comes crashing down

Gas prices continue to fall
Some of us live in the real world

BTW it's been 2 month what has the Repubicain Congress done?

I'll wait

[slimslob]

Re: The economy comes crashing down

Market Panic: Four Biggest US Banks Lose Staggering $52 Billion — Dow Drops 540 Points - Truth Press

[copiertec]

Re: The economy comes crashing down

Silvergate has gone belly up. And today, Silicone Valley Bank. Why is this happening? Because businesses are defaulting on their loans and consumers are defaulting on their bank notes for automobiles, houses, etc., but this is just the beginning, it's going to get interesting real quick because if the Fed raises rates to half a point, the shit will really hit the fan. Small banks will continue to fail in this environment, we just had one of our local banks bought out by a bigger bank, I no longer keep my fiat debt notes there anymore, I switched it to a local credit union for the time being.

[bsm2]

Re: The economy comes crashing down

Great Job Republican Congress

[slimslob]

Re: The economy comes crashing down

Great Job Republican Congress

Wrong again baby boy. The nose diver started when President Biden start shutting down the US petroleum industry, killing jobs. With the help of the Democrat Congress under Speaker Pelosi.

[Copier Addict]

Re: The economy comes crashing down

It's really bad. Only 311000 jobs added last month. Lol

Jobs report: U.S. added 311,000 jobs in February as hiring remained strong - CBS News

[bsm2]

Re: The economy comes crashing down

Wrong again baby boy. The nose diver started when President Biden start shutting down the US petroleum industry, killing jobs. With the help of the Democrat Congress under Speaker Pelosi.

What when where?

[copiertec]

Re: The economy comes crashing down

If they economy is doing good, why do we have banks failing? I want a good economy but what I have been taught that if banks are failing that means that they are not being paid back on their outstanding notes after all this is how banks make money. I know when I lend debt notes, I make debt notes. but, when I lend debt notes and don't get paid back, I lose and eventually will fail if enough of those notes are not paid back. Or, maybe these companies are making so much money that they do not need a bank loan to make their purchases and they also do not need the write offs associated with those loans. I suspect we will see bank runs in the not to near future, it's starting to smell like '08 again and of course they will get there bailout money again at the taxpayers expense.

[bsm2]

Re: The economy comes crashing down

If they economy is doing good, why do we have banks failing? I want a good economy but what I have been taught that if banks are failing that means that they are not being paid back on their outstanding notes after all this is how banks make money. I know when I lend debt notes, I make debt notes. but, when I lend debt notes and don't get paid back, I lose and eventually will fail if enough of those notes are not paid back. Or, maybe these companies are making so much money that they do not need a bank loan to make their purchases and they also do not need the write offs associated with those loans. I suspect we will see bank runs in the not to near future, it's starting to smell like '08 again and of course they will get there bailout money again at the taxpayers expense.

Dude when Bank of America fails let me know

[copiertec]

Re: The economy comes crashing down

When a bank receives a $20 million bailout with tax payers money, its hard not to fail.

[slimslob]

Re: The economy comes crashing down

Silicon Valley Bank Collapses in Second-Biggest Bank Failure in US History