Comment:
There are many financial tricks that might slow the pace of a credit crash, but not by much. And, here’s the kicker – Unlike in 2008, the Fed has created a situation in which there is no escape. If they do pivot and return to systemic bailouts, stagflation will skyrocket even more. If they don’t use QE, then banks crash, companies crash and even bonds become untenable, which puts the world reserve status of the Dollar under threat. What does that lead to? More stagflation. In either case, rapidly rising prices on most necessities will be the consequence.
The collapse of SVB is down to this Gentile.😂 Joseph Gentile. He started with Arthur Andersen accounting and collapsed ENRON then did Lehman Brothers as CFO in 2007 and now CAO at SBV. So you see not always Jews. Sometimes Gentile (patsies)😂✡️ pic.twitter.com/DnFQZLupBb