This does not look good for the economy moving forward. Not so much because of the individual downgrades to certain banks noted here, but because coupled with current Federal Reserve directives mandating higher capital reserves for banks over 100B in assets which many of these are, it forces banks to reduce lending on all fronts which is NOT GOOD for economy.

by | Aug 8, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, Humanoid endeavors, Latest News, Media

Moody’s Cuts Credit Ratings on 10 Banks; Places 4 of the 15 Largest Banks in U.S. on Review for Possible...

The sad part here is this racist spin on the word salad Queen desperately trying to salvage her sunk reputation avoids 2 stark realities. First and foremost her complete and utter failure in handling the border crisis which was first task assigned her by the Living Corpse. She never even came close to visiting in the 3 years she has been in office The second is complete erosion of women’s rights by virtue of ridiculous trans gender forays into a woman’s world in locker rooms, beauty salons, sports have completely undermined women during her tenure and for a woman of color who had the opportunity to make MONSTER inroads it is an even more glaring failure in contrast. And we are NOT RACIST, we are merely judging her by her actions, no matter the color of her skin.And based on those actions or lack of SHE HAS FAILED MISERABLY

by | Aug 8, 2023 | Biden the miscreant, Breaking News, General politics, Humanoid endeavors, Latest News, Media, World politics of consequence

https://www.foxnews.com/media/former-kamala-harris-staffer-vp-unpopular-polls-black-woman-history-maker?dicbo=v2-mXWMsuD