You will hear the phrase "make depositers whole" in the MSM tomorrow in the same manner you heard "flatten the curve" .

https://void.cat/d/5PQrJfbwZ25WmXG9VpAB2n.webp

Reply to this note

Please Login to reply.

Discussion

American banks borrow funds due immediately and lend for years or decades

Insolvency IS the business model

They don't want you to call it a bailout.

"make depositers whole" = a bailout

I don't do twitter, but equate "make depositers whole" with bailouts at all opportunities to win meme wars