Here’s the deal on the bank failure. They made a bad risky bet on interest rates staying low and inflation being transitory. They continued to buy long term bonds based on that. When the rates went up fast they were screwed. Then they had to sell those bonds at a huge loss to meet withdraw demands. Nothing to do with regulations.
jader3rd about 1 year ago
This is what needs to be taught in History class.
nyg16 about 1 year ago
repubilCONs cause these problems and the democrates get blamed because they are forced to fix them.
MFRXIM Premium Member about 1 year ago
When you’re up to your ears in S88t, don’t sing.
Rich Douglas about 1 year ago
Deregulate the rails, East Palestine.
Deregulate the banks, SVB.
Interfere with public health during a deadly epidemic. A million Americans dead.
FreyjaRN Premium Member about 1 year ago
Our country and our citizens’ lives are too important to let the QOP dictate laws and regulations.
jmillerqld Premium Member about 1 year ago
Yeah right, like they would say please.
rossevrymn about 1 year ago
Now, go back to being a “Git Big Guvmint off Our Backs” Republican.
NeoconMan about 1 year ago
Keep your government hands off my bailout.
steveconkey2003 about 1 year ago
Here’s the deal on the bank failure. They made a bad risky bet on interest rates staying low and inflation being transitory. They continued to buy long term bonds based on that. When the rates went up fast they were screwed. Then they had to sell those bonds at a huge loss to meet withdraw demands. Nothing to do with regulations.
Jack7528 about 1 year ago
Good one, but its been over two years since Trump let and the left fought him every step of the way.