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Why Banks Keep Failing
1 year ago
14
Obviously Trump's deregulation is to blame. Never mind 20 years of high-risk predatory lending, zero interest rates, and the Fed blowing up a financial bubble that could never been sustained...only to turn around and raise interest rates quickly over a short period of time. Almost feels like there's some sort of plan in place for all of this.
https://www.theatlantic.com/ideas/archive/2023/04/why-first-republic-failing/673914/
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