The economy comes crashing down

[BillyCarpenter]

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.

I waited to comment on SVB failing. It's sent shock waves not only in the USA but around the world. It seems like many are waiting on the other shoe to drop. The Biden administration was asleep at the wheel and didn't see it coming.

[bsm2]

Re: The economy comes crashing down

I waited to comment on SVB failing. It's sent shock waves not only in the USA but around the world. It seems like many are waiting on the other shoe to drop. The Biden administration was asleep at the wheel and didn't see it coming.

President Biden doesn't run a Bank Genius

Rooting for America to Fail

Pathetic

[bsm2]

Re: The economy comes crashing down

Just back from a trip to Orlando

Business is Booming
Hotels Full
Building construction everywhere
Jobs Jobs Jobs Baby

Biden BOOMM Baby

[Phil B.]

Re: The economy comes crashing down

Just back from a trip to Orlando

Business is Booming
Hotels Full
Building construction everywhere
Jobs Jobs Jobs Baby

Biden BOOMM Baby

That's because you have a REPUBLICAN Governor.
Ron is kicking ass and taking names, unlike CA.. NY... IL..

Sent from my SM-G990U using Tapatalk

[bsm2]

Re: The economy comes crashing down

That's because you have a REPUBLICAN Governor.
Ron is kicking ass and taking names, unlike CA.. NY... IL..

Sent from my SM-G990U using Tapatalk

Ron is a Joke in Florida

Banning Books and attacking Blacks and education Gays Abortion

Butt Business Sucks the sky is Falling run forest Run

the end is near according to YOU Amigos

[Copier Addict]

Re: The economy comes crashing down

That's because you have a REPUBLICAN Governor.
Ron is kicking ass and taking names, unlike CA.. NY... IL..

Sent from my SM-G990U using Tapatalk

It's more like business is booming in spite of Dicksantis. He's too busy inventing enemies to "fight" against.

[slimslob]

Re: The economy comes crashing down

Just back from a trip to Orlando

Business is Booming
Hotels Full
Building construction everywhere
Jobs Jobs Jobs Baby

Biden BOOMM Baby

What were you doing, getting additional brain washing at the Democratic Party of Orange County Headquarters indoctrination center?

[slimslob]

Re: The economy comes crashing down

Ron is a Joke in Florida

Banning Books and attacking Blacks and education Gays Abortion

Butt Business Sucks the sky is Falling run forest Run

the end is near according to YOU Amigos

We didn't know that your name was Ron.

[slimslob]

Re: The economy comes crashing down

President Biden doesn't run a Bank Genius

Rooting for America to Fail

Pathetic

Last February he did renew Jerome Powell's appointment as Federal Reserve Chairman for another 4 years. In June the Federal Reserve raised the Federal Funds rate an unprecedented 0.75%. That coupled with additional increases of 0.44% in December and 0.25% last month in what caused the run on Silicon Valley Bank. That puts President Biden directly at fault.

Federal Reserve raises interest rate by 0.75% for the fourth time

Federal Reserve Board - Implementation Note issued December 14, 2022.

Interest rate increase: February 2023. Fed raises rates by 0.25%

If they raise the Funds rate again there will most likely be more runs on banks. Federal Reserve officials sound warnings about higher rates - ABC News

[bsm2]

Re: The economy comes crashing down

Last February he did renew Jerome Powell's appointment as Federal Reserve Chairman for another 4 years. In June the Federal Reserve raised the Federal Funds rate an unprecedented 0.75%. That coupled with additional increases of 0.44% in December and 0.25% last month in what caused the run on Silicon Valley Bank. That puts President Biden directly at fault.

Federal Reserve raises interest rate by 0.75% for the fourth time

Federal Reserve Board - Implementation Note issued December 14, 2022.

Interest rate increase: February 2023. Fed raises rates by 0.25%

If they raise the Funds rate again there will most likely be more runs on banks. Federal Reserve officials sound warnings about higher rates - ABC News

Better hide your money under the Bed Slimwin

Wait didn't President Trump say he has NO Responsibly

Business is Booming

[bsm2]

Re: The economy comes crashing down

[Copier Addict]

Re: The economy comes crashing down

Last February he did renew Jerome Powell's appointment as Federal Reserve Chairman for another 4 years. In June the Federal Reserve raised the Federal Funds rate an unprecedented 0.75%. That coupled with additional increases of 0.44% in December and 0.25% last month in what caused the run on Silicon Valley Bank. That puts President Biden directly at fault.

Federal Reserve raises interest rate by 0.75% for the fourth time

Federal Reserve Board - Implementation Note issued December 14, 2022.

Interest rate increase: February 2023. Fed raises rates by 0.25%

If they raise the Funds rate again there will most likely be more runs on banks. Federal Reserve officials sound warnings about higher rates - ABC News

Trumpy hand picked FBI director Wray. Does that make the raid on Mar-a-Lardo trumpy's fault? Oh wait, he stole classified documents, of course it's his fault. Lol

[BillyCarpenter]

Re: The economy comes crashing down

Trumpy hand picked FBI director Wray. Does that make the raid on Mar-a-Lardo trumpy's fault? Oh wait, he stole classified documents, of course it's his fault. Lol

This is your game and why you're a troll. Instead of trying to have a meaningful conversation about whether or not the current administration was asleep at the wheel when SVC collapsed and their top execs paid themselves days before the crash, you make some idiotic comment that has nothing to do with the subject at hand. Why don't you try to say something on topic.

[bsm2]

Re: The economy comes crashing down

This is your game and why you're a troll. Instead of trying to have a meaningful conversation about whether or not the current administration was asleep at the wheel when SVC collapsed and their top execs paid themselves days before the crash, you make some idiotic comment that has nothing to do with the subject at hand. Why don't you try to say something on topic.

I sure hope it keeps you awake at night

[slimslob]

Re: The economy comes crashing down

Wall Street Banks Including JPMorgan, Bank of America See $55B Value Wipeout