I don’t know how much more we can take.
It seems our leaders are all taking us the same place, taking advantage of us financially and only have their own interests in mind.
Sounds like a long train of abuses. pic.twitter.com/PI1lqR8V5X
— MissS -Silence Dobetter (@utahmom333) September 11, 2023
— Marvette 👽🇺🇲🚀 (@Freedom2713) September 12, 2023
Regionals are on the brink… $KRE largest deposit outflows since SVB pic.twitter.com/bdqGpSg6QY
— Don Johnson (@DonMiami3) September 11, 2023
Banks in the US just saw their biggest weekly deposit outflows since the collapse of SVB.
Total bank deposits (on a seasonally-adjusted basis) plunged by $70 billion last week alone.
This puts bank deposits at their lowest levels since May.
At the same time, usage of the Fed's… pic.twitter.com/6FXKoPwmDI
— The Kobeissi Letter (@KobeissiLetter) September 11, 2023
This is one of the most aggressive tightening cycles in US history
The concerning part is that the rate hikes might not be over yet
A big policy mistake in the making? pic.twitter.com/wik6tEf7xV
— Game of Trades (@GameofTrades_) September 11, 2023
FDIC’s New Problem Bank List: A Fantasy in the Making
The FDIC’s Problem Bank List is woefully inadequate in assessing the true issues plaguing the banking sector. Despite recent major bank failures, it shockingly reported no significant changes in the number of problem banks, listing a mere $46 billion in assets for all problem banks in the U.S. This alarming oversight, coupled with credit downgrades by S&P Global and Moody’s, and escalating risks within the banking system, raises serious doubts about the FDIC’s competence and transparency in safeguarding the financial industry.
Office Vacancy Rate Surpasses Financial Crisis, Federal Debt Up 19%, Unfunded Liabilities at $194T
Bidenomics resembles a never-ending train wreck. Unlike E. Palestine Ohio’s train derailment and toxic spill, Bidenomics persists with alarming trends: 1. US net cash farm income is plummeting, reaching negative growth. 2. US office vacancy rates exceed levels seen during the financial crisis. 3. US debt has surged to nearly $33 trillion, a 19% increase under Biden. 4. The US carries a staggering $194 trillion in unfunded liabilities, a problem left unaddressed by Biden’s policies.