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Old 03-13-2023, 08:19 PM   #2472
Giantone
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Join Date: Apr 2006
Posts: 14,306
Re: The Most Fresh & Cordial Political Thread Ever

Quote:
Originally Posted by Chico23231 View Post
As it’s been established, the roll back of the Trump bipartisan bill wasn’t why the collapse happened. but the incompetence of Biden economic policies where he dismissed an inflationary signs and called it transitory, his 1.9 trillion in unnecessary spending along with the stopping of student loan payments which contributed to more inflation. So the fed and treasury responded too late to obvious inflation, caused a credit crisis with bonds.

But really, SVB are complete morons and seemed to focus more on woke bullshit, D&I than risk controls
LOL, keep spinning you dumb trumpette. Yes , it was.
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