"At bottom, the core reason SVB's depositors got bailed out had little to do with morals or even financial risk," Gyauch-Lewis argued. "It happened because they had rich and powerful friends with the ear of the president's chief of staff.”
It's getting old: banking consolidation, J6 hearings, Nord Stream explosion, forced jabs, lockdowns, French pensions, it goes on - the one thing in common is that these were all unilateral decisions by a handful of leaders with virtually no pushback from government or media, and all of them contribute to the stratification of society.
Every major decision by our leadership in the last few years follows the same script of not allowing debate or resistance, and one major question remains unanswered: why? Are these just rhymes of all the other deviants and robber barons throughout history, or have we finally reached Armageddon?...
AGREED! Price will meet affordability. Rates are NOT the primary issue here...people will stomach higher rates if they can find an affordable home. A house, is a house, is a house is NOT a casino.
that Nordstream/Biden/Iraq/Bush comment....hahahahahahahha.
I’m not sure what to make of Blackrock - I think it was Lance Roberts who said if we don’t want the Blackrocks of the world buying up houses, the FED has to stop making it financially attractive for them. Is this an appropriate time to say Fugazi?
Always a fun read! LOL!
"At bottom, the core reason SVB's depositors got bailed out had little to do with morals or even financial risk," Gyauch-Lewis argued. "It happened because they had rich and powerful friends with the ear of the president's chief of staff.”
It's getting old: banking consolidation, J6 hearings, Nord Stream explosion, forced jabs, lockdowns, French pensions, it goes on - the one thing in common is that these were all unilateral decisions by a handful of leaders with virtually no pushback from government or media, and all of them contribute to the stratification of society.
Every major decision by our leadership in the last few years follows the same script of not allowing debate or resistance, and one major question remains unanswered: why? Are these just rhymes of all the other deviants and robber barons throughout history, or have we finally reached Armageddon?...
AGREED! Price will meet affordability. Rates are NOT the primary issue here...people will stomach higher rates if they can find an affordable home. A house, is a house, is a house is NOT a casino.
that Nordstream/Biden/Iraq/Bush comment....hahahahahahahha.
I feel like I am stuck in a perpetual Wile E Coyote moment. Don't look down!
And all the while cash is going backwards against inflation FFS. I'm gonna go play drunk knifey knifey.
https://twitter.com/InvResDynamics/status/1641481892535971848
I’m not sure what to make of Blackrock - I think it was Lance Roberts who said if we don’t want the Blackrocks of the world buying up houses, the FED has to stop making it financially attractive for them. Is this an appropriate time to say Fugazi?