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We need bankruptcies not inflation. Not again privatizing profits and socializing losses.
by slaw 4y ago
We need bankruptcies not inflation. Not again privatizing profits and socializing losses.
- koheripbal 4y agoBankruptcies happen all the time. Silicon Valley Bank and Signature Bank are great examples. In 2008, Lehman Brothers too, and Merrill Lynch, and hundreds of smaller banks and mortgage originators.
- slaw 4y agoFed started to print money to cover for SVB. https://europeanconservative.com/articles/analysis/silicon-valley-bank-fed-starts-printing-money-again/ https://europeanconservative.com/articles/analysis/silicon-v...