[Kartographer]

OH well the FED will just print more money. That always works.

[Kartographer]

ping!

[ClearCase_guy]

They won’t let it crash until a Republican is in the White House.

[right way right]

It worked in 08.
We was robbed.

[Paine in the Neck]

Let them fail. It’s the only way to fix the problem.

[Romans Nine]

I’m really kind of tired of all the doom that never comes to fruition. Seems Beck fever has spread.

We don’t need the bottom to fall out of anything, the elitest ruling class is doing just fine destroying this country by a thousand cuts.

Really after all these years of “just wait for what is about to happen” just makes us look like chicken little.

Really the elites are doing fine killing the country slowly while we beg for more. Only one thing is going to right the ship USA and I don’t have to post it everyone knows what it is.

[Zeneta]

Glass–Steagall worked.

Banks and Brokers are two different animals with wholly different mandates.

Two different mind sets.

One of capital preservation and the other of a middle man for risk.

Can’t we all just get along?

NO.

No we can’t.

Reinstate Glass-Steagall.

[Intolerant in NJ]

“The top six bank holding companies are considerably larger than before, and are still permitted to borrow excessively relative to the assets they hold,”...I'm not sure that the crash of 07-08 was related so much to excessive borrowing as it was to the fact that the assets the banks held became impossible to evaluate as to how much they were worth - they were rapped up mainly in failing mortgages and no one could tell for sure what balances the banks had on their books - so no one wanted to borrow or lend with them until the government stepped in and provided essentially bridge loans of real, quantifiable funds that cold be counted on until the bad mortgage vehicles could be unwound.....

[ryan71]

18 trillion in debt and rising. Anybody who says a collapse won’t happen because it never has before, consider that we’ve never had this kind of debt before.

[Usagi_yo]

“wholesale lenders who can often demand their cash back each and every day.”

Not to disparage an anti banking thread, but overnight lending is a standard, not an abnormality. What they amount to are mini-fines self imposed for not carrying sufficient cash on hand, as the biggest #1 overnight lender is the Federal Reserve. — unsourced.

[trebb]

Yep - print more “free” money and let them borrow until they burst - literally.