Steve Mnuchin(Treasury Secretary). . . ."The CEOs Confirmed that they have ample liquidity available for lending to consumer, business markets, and all other market operations...."
Quoted from CNN close to noon Christmas Eve
What does this mean?
The CEOs Mnuchin was referring are JPMorgan Chase, Wells Fargo, Goldman Sachs, Bank of America, and CITI Bank.
Also from Cnn around noon on Christmas Eve PST.
The problem with the kinds of things Trump is saying could affect liquidity of banking systems if runs on banks occur from the crazy things Trump is saying now about Powell of the Fed and other insane things.
Trump doesn't seem to realize he is not a private citizen anymore and what he says can destroy world markets in a day or so and cause things like runs on banks worldwide and even another Great Depression if he isn't careful. So, Trump is a worldwide disaster for everyone on earth right now. Merry Christmas from Trump?
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- reprint of: Drones very small to large
- The ultra-lethal drones of the future | New York Post 2014 article
- most read articles from KYIV Post
- Purple Delta 7 started as a Clone of Silver's mind in "2035"
- 158,008 visits to intuitivefred888
- Trump posts $175 million bond in New York civil fraud case as he appeals
- Hope Hicks expected to testify in Trump’s hush money trial
- The Star Wanderer (This is my first experience with Chat GPT: "I asked the Sentience of Chat GPT to write in the style of Robert Heinlein who was my favorite author of my childhood"
- Analysis Expanded gag order lays down the law as Trump returns to the campaign trail
- Judge expands gag order in Trump hush money case to include family members of court
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment