All Star Political Panel - Bank Failures, Federal Debt Ceiling And What May Happen

All Star Political Panel - Bank Failures, Federal Debt Ceiling And What May Happen

We are on our fourth bank failure.

Interest rates are increased again.

And inflation is nowhere near 2%.

With all the take over of the banks in 2008, how are they collapsing?

They could only loan up to 40% of their assets.

The banks that are failing are in the tech industry.

Did they get too far into the crypto currency?

And into the T-bills that are worth nothing.

The banks didn’t manage their risk management.

Regulators weren’t overseeing the banks.

In 2010 the banks were supposed to have a stress test.

The money that we generated in the past couple of years went into the banks.

By raising the interest rate Jerome Powell is just expanding the collapse of the t-bills.

The red state cities are doing much better than the blue state cities.