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The Plain Bagel
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Comments by "" (@jmitterii2) on "Credit Suisse - 2022's Latest 'Lehman Brothers Moment'" video.
"Blah BLah blah.... nothing to see here.... maybe there is.... blah blah blah... nothing to see here." Yep. They're going bust.
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5 months ago bitches!
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Sorry, the banking cartels and nuts of Wall Street since the 80's made banking outright insolvent nightmare insane. This child, just inherited a financial stupidity that is even more insane than the stupidity of the 1920's and prior in human history. All you're asking him to do is tell you a bed time story while the house of cards comes crashing in on this ponzi scheme... oh, and many of these banks, like the ones in the USA have a banking cartel with access to their national debt machine to monetize their insolvent junk debts they sold and made a massive killing... which results in all sorts of inflation... unless you have a race to the bottom deflationary economy whereby aggregate demand is pushed down as the most tyrannized and/or destitute labor... but once that doesn't work... you have normal labor market with an actual labor quantity supply to demand curve... lights out. Inflation hits hard... I mean it's hitting in a colonial labor or slave labor or feudalistic labor system too... it just reveals itself as more quintiles become impoverished over time. In the case of normal labor supply non colonial/empire/salve/feudal etc. you get massive inflation that makes most quintiles besides perhaps the top 10% at least not as bad off. Oh, you wanted that bed time story. I'm sorry.
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