TYB's
https://www.breitbart.com/clips/2023/03/23/cnns-quest-core-inflation-entrenched-and-more-banks-are-going-to-go-out-of-business-and-are-stuffed-with-bonds/
‘More Banks Are Going to Go out of Business’ — They’re ‘Stuffed’ with Bonds
On Wednesday’s broadcast of CNN International’s “One World,” CNN host, International Business Correspondent, and CNN Business Editor-at-Large Richard Quest stated that the Federal Reserve’s interest rate hike will make things “worse” for banks because “all the banks are stuffed to the gills with these government bonds” that will be devalued by the rate hikes. And predicted that there will be more banks going out of business, particularly state and regional banks.
Quest said, “Now, if inflation was your goal and your number one target, then you’d have gone 50 [basis points]. But, obviously, the overriding concern today is the banking sector. And remember, Zain, the problem with the banking sector is that all the banks are stuffed to the gills with these government bonds. Raise the interest rate, and the bond becomes less valuable. So, even today’s action at 0.25% makes things that little bit worse for the banks.”
Later, he added, “More banks are going to go out of business. More state and regional banks in the United States will need to be resolved — to use the technical phrase — they’ll be taken over, they’ll be wound up, they’ll be taken into ownership, all sorts of things.”
https://newspunch.com/trudeau-govt-must-censor-internet-because-flat-earther-conspiracies-cause-real-problems/
Trudeau: Gov’t Must Censor Internet Because ‘Flat Earther’ Conspiracies ‘Cause Real Problems’
>over extended reaching for relevance
no kidding.
Only reason it's posted is because the original Gary post was in notables.
It's not a good article but reposted it since deleting the one in notes.
Please do not notable anything by Gary. Most of his posts are crap, will try to repost anything that's not if there's time. Remarks about boomers and jews makes them NOT NOTABLE.
The spam is about to disappear.
If BV did a ban by ip hash along with the delete, what do you think would happen?
So you didn't bake so the bread wouldn't disappear. That happened a year ago, similar situation. Please be careful.
KEK.
@568