2 ms·
For the third time, I understand people have this belief. But restating a belief without adding evidence doesn't convince me you're right. If anything, it's the
by wpietri 4y ago
For the third time, I understand people have this belief. But restating a belief without adding evidence doesn't convince me you're right. If anything, it's the opposite.
We could be in the eye of a hurricane. Or we could be in any of the non-hurricane locations on the planet. I think the latter is more likely.
- danenania 4y agoFyi: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm https://www.federalreserve.gov/newsevents/pressreleases/mone... Seems like the verdict is in.
- wpietri 4y agoNow that we know a second bank is being taken over, yes, a verdict is in. But I think that says more about having a second failure than the situation we were discussing.