This Dan should have been named Richard because he was a real DICK!! And Washington D.C football fans breathe a sigh of relief..FINALLY!!

by | Jul 21, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, Entertainment, Latest News, Media, Sports news

https://apnews.com/article/dan-snyder-investigation-sexual-harassment-revenue-withheld-bf6a2ec478e15355e0bd026cf24dfb65?utm_source=newsshowcase&utm_medium=gnews&utm_campaign=CDAqDwgAKgcICjCE7s4BMOH0KDDs84IC&utm_content=rundown

So while bought and sold mainstream media spewed the manufactured BS that people were flocking to the big banks to park their money after SVB crypto bank collapse ostensibly because they wanted you to freak out over bond positions many bankers held putting on demand withdrawal reserves under water in short term and errantly leading you to believe those “midsize” banks were NOT safe havens for your money the truth is actually the opposite. And the real crunch will come incrementally over the next 16 months as commercial real estate leases and mortgages come due and the banks holding the paper brace for a brutal reckoning.And brutal it will be as demise already gathering steam here in affluent areas we have first person access to.Class A office properties already in default as we speak .

by | Jul 20, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

Large Banks Have Bled $921 Billion in Deposits Since April 2022 — the Fastest Pace in 40 Years — and a Much Larger Decline than Small...