Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
Guno צְבִי (03-17-2023), Nomad (03-17-2023)
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
ExpressLane (03-17-2023)
Guno צְבִי (03-17-2023), Nomad (03-17-2023)
Inflation falling for the eight straight month is a hysterical title. That is like me saying I will just hit you in the face 6 times instead of 8 times. Inflation is still WAY TO HIGH. Inflation was 1.4% when Biden took office and it is still more than 4 times that rate now. Now we have the collapse of the 2nd and 3rd largest banks to collapse in history and there is a 3rd bank on life support.
IMPEACH 46 FOR TREASON
Biden/Harris 2024
IT'S A NO BRAINER!
Guno צְבִי (03-17-2023)
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
ExpressLane (03-17-2023)
Banks.....
https://cointelegraph.com/news/us-ba...-bank-failuresCredit rating agency Moody’s has recently downgraded its outlook on the entire United States banking system from “stable” to “negative.” The move comes in light of the recent failures of Silicon Valley Bank, Silvergate Bank and Signature Bank, which has prompted regulators to intervene with a rescue plan for impacted depositors and institutions.
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
ExpressLane (03-17-2023)
Guno צְבִי (03-17-2023), Nomad (03-17-2023)
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
SVB and Signature and Silvegate bank
Nope the problem is the rapid rise in interest rates . The banks had too much money invested in in low interest earning bonds and had to sell them at a loss. The bank had a $1.9 billion loss as a result. That caused a bank run that caused the bank to collapse.
https://www.aljazeera.com/economy/20...al-crisis-nextAs SVB’s name suggests, the bank’s business focused heavily on US technology startups. During the COVID-19 pandemic, the lender saw a surge in deposits as tech companies profited from providing entertainment and delivery services to people confined to their homes.
SVB invested much of this cash in US government bonds — traditionally one of the safest types of investment.
SVB’s troubles began when the US Federal Reserve started raising interest rates last year in response to soaring inflation, causing the value of those bonds to fall.
Last edited by ExpressLane; 03-17-2023 at 08:12 AM.
IMPEACH 46 FOR TREASON
Biden/Harris 2024
IT'S A NO BRAINER!
Bookmarks