When this collapse happens, it will make 2008 look like child’s play.
How long before Moody’s executives are raided by the FBI and/or the IRS?
Because it’s obvious. Their minds just aren’t right.
Most assuredly the federal government has less capacity to intervene with help for the big banks, should they falter, because the federal government has too too much debt problems of its own, with particular thanks to Joe Biden.
Don't here the media talking about this aspect of Bidenomics.
So what?...Why worry? SVB, Signature, First Republic depositors were protected by the likes of the BFTP etc. weren't they?
This is the official position held by the Alfred E. Neuman institute for Fiscal Stupidity.
Rut Roh
I have a significant amount deposited in one of those banks (decline to say which), and I don’t know how to withdraw it because of the disgusting withdrawal limit mandated by the government.
“US Banks File to Shut 64 Branches in a Single Week—Are You Affected?”
“Big banks such as PNC Bank and JPMorgan Chase have filed to close several branch offices in multiple states amid a troubling pattern of rising branch shutdowns in recent years.
Between Nov. 12 and 18, several banks filed to close branch locations, with PNC Bank with the most filings, according to data from the U.S. Office of the Comptroller of the Currency. Pittsburgh-based PNC Bank filed for 19 branch closures—five in Pennsylvania, four in Illinois, three in Texas, two each in Alabama and New Jersey, and one each in Indiana, Ohio, and Florida.
JPMorgan Chase followed closely with 18 filings—three in Ohio, two each in Connecticut and South Carolina, and one each in 11 states, including New York, Illinois, Florida, and Massachusetts.”
