The Banking Meltdown Gets Worse

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The minute the government stepped in, and then said “everything is fine” I got Leslie Nielson “Nothing to see, move along” as the fireworks factory is exploding in the background vibes. It’s gotten so bad that you can assume that it’s the opposite of what the White House is saying on just about everything.

I blame the FEDs for this, because in the end they benefit by either buying off the failed banks cheaper or something. The fed can print credit as long as someone will borrow it into existence, but they cannot print product (or production).

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