f7ben Posted March 31, 2020 Share Posted March 31, 2020 https://www.marketwatch.com/story/fed-establishes-new-repo-facility-with-foreign-central-banks-2020-03-31-8913242 This is so fucked I can’t even think about it Bow we are mortgaging our children’s futures to prop up failed central banks globally Quote Link to comment Share on other sites More sharing options...
Anler Posted March 31, 2020 Share Posted March 31, 2020 It's collapsing worldwide. Should be good for your life savings. Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 31, 2020 Author Share Posted March 31, 2020 1 minute ago, Anler said: It's collapsing worldwide. Should be good for your life savings. Where is the fucking oversight....where is Liz Warren Quote Link to comment Share on other sites More sharing options...
motonoggin Posted March 31, 2020 Share Posted March 31, 2020 1 minute ago, f7ben said: Where is the fucking oversight....where is Liz Warren Lol probably still upset about snake emojis Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 31, 2020 Author Share Posted March 31, 2020 Just now, motonoggin said: Lol probably still upset about snake emojis I actually thought she had a shred of integrity when she started snooping around the initial expansion of repo funds. Since then she hasn’t made a peep. We have the most hawkish finance committee chair in history and she hasn’t said a fucking word while the Fed literally takes over the world while simultaneously ceding control to the executive branch. Quote Link to comment Share on other sites More sharing options...
motonoggin Posted March 31, 2020 Share Posted March 31, 2020 1 minute ago, f7ben said: I actually thought she had a shred of integrity when she started snooping around the initial expansion of repo funds. Since then she hasn’t made a peep. We have the most hawkish finance committee chair in history and she hasn’t said a fucking word while the Fed literally takes over the world while simultaneously ceding control to the executive branch. She's a sheepdog. That's all she's ever been. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted March 31, 2020 Share Posted March 31, 2020 1 minute ago, f7ben said: I actually thought she had a shred of integrity when she started snooping around the initial expansion of repo funds. Since then she hasn’t made a peep. We have the most hawkish finance committee chair in history and she hasn’t said a fucking word while the Fed literally takes over the world while simultaneously ceding control to the executive branch. She’s powerless in the Republican controlled senate and White House. If you want bank oversight vote for the dem in November. Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 31, 2020 Author Share Posted March 31, 2020 (edited) 3 minutes ago, Mainecat said: She’s powerless in the Republican controlled senate and White House. If you want bank oversight vote for the dem in November. She’s the fucking chair of the most powerful committee in Washington directly tasked with overseeing the Fed Quit making excuses for her you fucking mindless stump....it’s pathetic Edited March 31, 2020 by f7ben Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 31, 2020 Author Share Posted March 31, 2020 Correction , she is not the chairperson appologies Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted March 31, 2020 Platinum Contributing Member Share Posted March 31, 2020 It should be crystal clear by now that our elected "leadership" is fucked six ways from Sunday and that includes ALL of them. Quote Link to comment Share on other sites More sharing options...
racer254 Posted March 31, 2020 Share Posted March 31, 2020 1 minute ago, Jimmy Snacks said: It should be crystal clear by now that our elected "leadership" is fucked six ways from Sunday and that includes ALL of them. Yep, take a good look at the ones that have been in the longest and KEEP wanting to be reelected. There's the start of the problems. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted March 31, 2020 Platinum Contributing Member Share Posted March 31, 2020 1 minute ago, racer254 said: Yep, take a good look at the ones that have been in the longest and KEEP wanting to be reelected. There's the start of the problems. ALL OF THEM Quote Link to comment Share on other sites More sharing options...
Zambroski Posted March 31, 2020 Share Posted March 31, 2020 2 minutes ago, Jimmy Snacks said: It should be crystal clear by now that our elected "leadership" is fucked six ways from Sunday and that includes ALL of them. LOL! No. DC is much smarter than us. They weren’t always smarter. Either they are getting smarter or, we are getting dumber. I vote the second. Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 31, 2020 Author Share Posted March 31, 2020 1 minute ago, racer254 said: Yep, take a good look at the ones that have been in the longest and KEEP wanting to be reelected. There's the start of the problems. Or take a good look at the ones with the most power and work your way down Start at the pathetic orange piece of filth and go from there Quote Link to comment Share on other sites More sharing options...
frenchy Posted March 31, 2020 Share Posted March 31, 2020 if other central banks fail that means the US dollar as the global standard fails. The global economic house of cards has never been as tenuous as it is right now. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 31, 2020 Share Posted March 31, 2020 Go trump !!! Quote Link to comment Share on other sites More sharing options...
Zambroski Posted March 31, 2020 Share Posted March 31, 2020 Just now, spin_dry said: Go trump !!! So now you believe bail outs are bad, eh? Get with MC for the answer. Quote Link to comment Share on other sites More sharing options...
bussman Posted March 31, 2020 Share Posted March 31, 2020 2 minutes ago, f7ben said: Or take a good look at the ones with the most power and work your way down Start at the pathetic orange piece of filth and go from there Can you see that the intention is to destroy everything intentionally yet? I said this would happen 2 years ago and was laughed at. That doesn’t concern me as much as what could possibly be in store to replace it. Quote Link to comment Share on other sites More sharing options...
motonoggin Posted March 31, 2020 Share Posted March 31, 2020 Ain't late stage capitalism awesome? Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 31, 2020 Share Posted March 31, 2020 1 minute ago, frenchy said: if other central banks fail that means the US dollar as the global standard fails. The global economic house of cards has never been as tenuous as it is right now. That might mean that the US can’t print money at will. Well it can, but of course it’ll face the same consequence as say a certain South American country. Quote Link to comment Share on other sites More sharing options...
frenchy Posted March 31, 2020 Share Posted March 31, 2020 Just now, bussman said: Can you see that the intention is to destroy everything intentionally yet? I said this would happen 2 years ago and was laughed at. That doesn’t concern me as much as what could possibly be in store to replace it. I don't think it's intentional at all. It's simply an indication and evidence of how fragile the global economy really is. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 31, 2020 Share Posted March 31, 2020 Just now, motonoggin said: Ain't late stage capitalism awesome? It’s like watching an earthworm in the sun. Quote Link to comment Share on other sites More sharing options...
frenchy Posted March 31, 2020 Share Posted March 31, 2020 Just now, spin_dry said: That might mean that the US can’t print money at will. Well it can, but of course it’ll face the same consequence as say a certain South American country. the only reason the US has had the luxury to print money at will is because of it's global standing as the benchmark. If other central banks are flooding the global market with American dollars, not so much. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 31, 2020 Share Posted March 31, 2020 1 minute ago, frenchy said: I don't think it's intentional at all. It's simply an indication and evidence of how fragile the global economy really is. There’s a conspiracy in every bush. Quote Link to comment Share on other sites More sharing options...
motonoggin Posted March 31, 2020 Share Posted March 31, 2020 Quote Link to comment Share on other sites More sharing options...
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