Tech Industry
8h
1986
I ruined my life
Fitness
15h
885
Is this enough weight for bench press
Tech Industry
3h
213
College choice matters…
2024 Presidential Election
6h
576
If You’re Paying Attention, Biden Just Told Us How Democrats Plan to Rig & Steal 2024 Election.
Working Parents
2h
532
Newborn born today, already struggling with sleep
And is it an isolated case?
They bought long-term Treasuries just as interest rates began spiking. And most of their assets are not FDIC insured as they service commercial clients with high balances. They operated their business badly, the Fed merely kicked them in the teeth.
Because the Fed decided to crush the economy to tame inflation.
Interest rates aren’t crushing economy. COVID money printing fueled inflation already did that
Liquidity crunch. We’re about to find out if the case is isolated. Wait for the ripple effects.
They operated their business Super Very Bad.
Damn so not isolated case