Govt with a bailout

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Fraser921
Posts: 2058
Joined: Mon Mar 22, 2021 11:48 am

Govt with a bailout

Post by Fraser921 »

Breaking…..
ChuckGeb
Posts: 488
Joined: Thu Nov 21, 2013 2:46 pm

Re: Govt with a bailout

Post by ChuckGeb »

Who will bail US Treasury out? Ukrainian oligarchs, Chinese, Saudis, Europeans?
aja57
Posts: 84
Joined: Sun May 29, 2022 10:35 pm

Re: Govt with a bailout

Post by aja57 »

Who will bail US Treasury out? The Fed's central banker, the Bank of International Settlements will come to the rescue in Basel offering up a Faustian bargain which will entail a CBDC. Poof, 200 trillion in debt will magically disappear along with two or three zeros at the end of your private wealth. And we would be lucky if it is only two or three zeros.
Fraser921
Posts: 2058
Joined: Mon Mar 22, 2021 11:48 am

Re: Govt with a bailout

Post by Fraser921 »

With retards in charge....what could go wrong?

People are losing confidence

https://www.cnbc.com/2023/03/13/first-republic-drops-bank-stocks-decline.html

I am pleased to report however that the SVB banks had great ESG rankings as they appointed retards to keys positions based on color and identity politics but forgot to hire a competent risk manager with a brain.
Fraser921
Posts: 2058
Joined: Mon Mar 22, 2021 11:48 am

Re: Govt with a bailout

Post by Fraser921 »

Just heard Barney Frank was on the Board of Directors of SVB.
What could go wrong?

Is Putin scared of the US?

https://twitter.com/AntonioSabatoJr/status/1634539517775364097
Orindakid
Posts: 73
Joined: Wed Mar 09, 2016 8:01 pm

Re: Govt with a bailout

Post by Orindakid »

I don't see him listed as on the board of directors. Too Bad :cry:
Fraser921
Posts: 2058
Joined: Mon Mar 22, 2021 11:48 am

Re: Govt with a bailout

Post by Fraser921 »

https://www.npr.org/2023/03/13/1163164107/former-congressman-barney-frank-on-silicon-valley-bank-collapse

Sorry , the other bank that failed

Former Congressman Barney Frank is uniquely positioned to weigh in on these collapses. He served on the board of Signature Bank, passed signature legislation following the 2008 financial collapse known as the Dodd-Frank Act and he chaired the House Financial Services Committee and joins me now.
Orindakid
Posts: 73
Joined: Wed Mar 09, 2016 8:01 pm

Re: Govt with a bailout

Post by Orindakid »

Yup That is correct, I was just looking at it. He blames Crypto currency!
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