The obvious solution is to give more money to Ukraine. Then 10% for the Big guy.
There is a “stairway to heaven”, but a “highway to hell”: this represents the expected traffic pattern.
2023 is a bit reminiscent of 1929. The stock market was skyrocketing most of the year despite underlying economic realities and then came the terrible reckoning.
Nope, un-possible, the economy is on fire, 5.2% annualized GDP growth. Joe Biden told me so.
Bidenomics is simply more of the printing and spending we’ve seen since LBJ. Let’s not pretend this is a package of new ideas.
Printing money is making promises you can’t keep but the consequences are spread over the little guys.
Bump
This once great nation.. United States of America.. Is hanging by a thread.. With hopes we hang on till Trump is back..
The dems and joe/Barry have brought us to the end of stupidity and what it delivers.
I used to think when yoing w into adults, wisdom would prevail... It isn’t so!
What is so..stupidity.. Unbelievable dumb! Is in charge of the government.
Now I change message... The word, Stupidity, is giving them too much credit...
All this.. All you see, is done with full knowledge.. What they have.. What they have been working towards, is to have absolute control over you and yours.. The man Trump has been in their way. While you were complaining, they just hammered another nail in your coffin.
Get this one thing in your head!!!,, Trump is the only one you can trust.. Like it or not, he is able and we need him.
David was God’s choice.. In the midst of many.. In the midst of his 7 older brothers.. With all his faults even after the call..
God said you judge by looks.. God judges on the heart and are you willing to do what He asks.
I am a Trump supporter... He has been put thru more than any of you could stand against.. He hasn’t wilted.. Nor has he given up..
Pray for him...
Most of the losses described here could be a minor thing as they are just the difference between face value and mark to market. Thus they should be treated as illiquid assets until they mature, or to put it another way unless they need to be sold the losses are only theoretical.
Big issue I see is actually in the MBS portion of the losses, as there is one major factor that could make the losses real in a method out of the control of the bank: Are the Mortgages behind the MBS performing or not? Will they still be performing next year?
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