Yes we must get rid of these insolvent banks and reboot. Its the people who use the freshly printed money that benefit. We all get stuck with the bill as indirect inflation tax.
Me thinks you still don't see the big picture.....it's the banks that say "So What" if the USA goes down the drain and peeps there lose everything & suffer.....
Nice update. On a total side note, I'm down here in San Jose. Its a little cool to see SF from the window and be like, hey, the weather is the same up there too. :P
Thank You, Charles
farmjohnny 3 weeks ago
Yes we must get rid of these insolvent banks and reboot. Its the people who use the freshly printed money that benefit. We all get stuck with the bill as indirect inflation tax.
EMPIRE0FLIES 3 weeks ago
Mr Biderman I have heard it said that employment is a lagging indicator
optionsupdate 3 weeks ago
Mr Biderman what about Baltic Dry Index, its plummeted
optionsupdate 3 weeks ago
excellent video
vallandar 3 weeks ago
Thanks for the update.
highandwired 3 weeks ago
So what if we lose a few banks along the way????
lol
Me thinks you still don't see the big picture.....it's the banks that say "So What" if the USA goes down the drain and peeps there lose everything & suffer.....
Spokoze 3 weeks ago
Check out the speed that the US Debt clock is now running at, the last 3 digits are a blur!
kcirdrab 3 weeks ago
Nice update. On a total side note, I'm down here in San Jose. Its a little cool to see SF from the window and be like, hey, the weather is the same up there too. :P
ClearSmashDrop 3 weeks ago
Charles, If the US is borrowing 10% of GDP, how is there ay organic growth? Am I missing something? Thanks for your wisdom.
becauseicare2 3 weeks ago