The Fed Bank Zombie Slay Continues
1 year ago
3
Mismanaged banks need to be flushed.
Eurodollars coming home. Highly leveraged banks and financial institutions need to go.
Crypto is just Eurodollars on the blockchain. Jerome Powell will eliminate those as well.
No Pivot. Bank failures are not a bug, they are a feature of the rate hikes.
Reuters:
https://www.reuters.com/business/finance/new-york-state-regulators-close-signature-bank-2023-03-12/
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