38 () posted 1 year ago by Wizard18 1 year ago by Wizard18 +39 / -1 15 comments share 15 comments share save hide report block hide replies
The Biden admin stupidly sent out the message that regional banks were unsafe while big banks would always be safe.
So all the big depositors acted rationally and switched their accounts to the big banks.
The Biden admin also caused this by massively inflating the currency, crashing Treasury bond values & causing the crisis in the 1st place.
Liberals are stupid when it comes to economics. They always do dumb shit and ruin everything they touch with their idiotic ideology.
Or evil. Coward-Piven is a thing.