Pay the military. Let them keep going. Most of the Government workers are Democrats, so screw them. The banks are being exposed for the scam they are in on.
Executives aren’t worried because they will still keep their mansions.
This simp acts like $50 billion is a lot of money. The five largest banks in the US alone are capitalized at $10 trillion combined. The left is trying to create panic, don’t beleive anything they say.
Finance happens in the margins. The margins are very thin.
House of cards, it is.
Gov’t. “We’ll save you!” CBDC anyone?
But I HOPE you’re right, Tex.
Well, if govt money stops and it hurts you….
You should be hurt.
This broad’s as full of shit as a Christmas turkey. An even better indicator is her ayes are brown.
She starts off with “I was talking to someone who works for a media organization…”
No name or related reference to anyone who works in the banking industry.
That’s what’s called “a tell”.
The only quasi banking companies that will/might get hurt by EBT/SNAP and other government assistance and government payroll people not receiving their regular stipend are the parasite payday loan companies and other fly by night loan shark organizations when they start seeing defaults.
Banks aren’t going to be hurt until car loan and mortgage payments stop for more than a month or two and government employees stop paying those things.
Even then, it’s a blip on the radar. Three million people, that’s the estimated number of federal employees, excluding the military who are going to paid by FM aren’t going to cause a banking collapse in the near term.
Let’s just keep ratcheting up the bullshit Demonrat FEAR talking points shall we?
Once the the government tit starts squirting again all of the arrears in car loans and mortgages with banks will be made up. I even doubt that the banks will charge late fees as they know that 95% of the arrears are caused by a factor that was out of the lendee’s control.
As to the loan sharks? eff them. They deserve what they get.
Reverse repos. Thank Wilson for the federal reserve or the crash would have happened already.
The trillions in global debt are gonna make 1929 look like a plcnic.
Pay the military. Let them keep going. Most of the Government workers are Democrats, so screw them. The banks are being exposed for the scam they are in on.
Executives aren’t worried because they will still keep their mansions.
This simp acts like $50 billion is a lot of money. The five largest banks in the US alone are capitalized at $10 trillion combined. The left is trying to create panic, don’t beleive anything they say.
Finance happens in the margins. The margins are very thin.
House of cards, it is.
Gov’t. “We’ll save you!” CBDC anyone?
But I HOPE you’re right, Tex.
Well, if govt money stops and it hurts you….
You should be hurt.
This broad’s as full of shit as a Christmas turkey. An even better indicator is her ayes are brown.
She starts off with “I was talking to someone who works for a media organization…”
No name or related reference to anyone who works in the banking industry.
That’s what’s called “a tell”.
The only quasi banking companies that will/might get hurt by EBT/SNAP and other government assistance and government payroll people not receiving their regular stipend are the parasite payday loan companies and other fly by night loan shark organizations when they start seeing defaults.
Banks aren’t going to be hurt until car loan and mortgage payments stop for more than a month or two and government employees stop paying those things.
Even then, it’s a blip on the radar. Three million people, that’s the estimated number of federal employees, excluding the military who are going to paid by FM aren’t going to cause a banking collapse in the near term.
Let’s just keep ratcheting up the bullshit Demonrat FEAR talking points shall we?
Once the the government tit starts squirting again all of the arrears in car loans and mortgages with banks will be made up. I even doubt that the banks will charge late fees as they know that 95% of the arrears are caused by a factor that was out of the lendee’s control.
As to the loan sharks? eff them. They deserve what they get.
Reverse repos. Thank Wilson for the federal reserve or the crash would have happened already.
The trillions in global debt are gonna make 1929 look like a plcnic.