Monday, December 24, 2018

Strange Christmas EVE quote From Secretary of Treasury?

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?

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