Replying to Avatar Nunya Bidness

Good evening.

Had a lovely day with the family exploring Seattle’s underground and had awesome food around Pike’s Place.

Back at the hotel and . . . OMG!

https://www.theguardian.com/business/2023/mar/12/silicon-valley-bank-collapse-no-bailout-janet-yellen

Avatar
btctotoro 2y ago

So...is anyone reading that and thinking this doesnt work at all...like there is still no money to backstop, its not there...no one has the money that is supposidly in the banks lol.

Reply to this note

Please Login to reply.

Discussion

Avatar
btctotoro 2y ago

What they are doing might stave off the inevitabke for a bit...but if it doesnt work...this idea of unlimited backing, there is no options left now...we go full mandibles faster than we want.