Home Depot co-founder torches ‘woke’ Silicon Valley Bank collapse, warns recession may be here already

[pknopp]

Raisin head is in charge, he is a complete buffoon, the government is a clown show, and more to come.

I blamed him also but the way to address this is not to remove regulations.

 

[LeftofLeft]

And this should have been addressed in 2008, 2009, 2010, 2011, 2012......................................

But it wasn't.

No side projects.

 

[LeftofLeft]

And this should have been addressed in 2008, 2009, 2010, 2011, 2012......................................

But it wasn't.

What should have been addressed? 100 percent focus on the job at hand?

 

[pknopp]

What should have been addressed?

What we were discussing.

 

[basquebromance]

 

[RhodyPatriot]

I stubbed my toe, Damn that Joe...Capitalists failing and it's always someone else's fault than the people who ran the bank, derpa.

I blame him for your gross yellow ass

 

[Moonglow]

I blame him for your gross yellow ass

Trump is to blame for the orange cat cartoons.

 

[Jim H - VA USA]

Home Depot co-founder torches ‘woke’ Silicon Valley Bank collapse, warns recession may be here already

Home Deport co-founder Bernie Marcus analyzed the historic collapse of 'woke' Silicon Valley Bank and the harmful impact it could have on everyday Americans.

www.foxnews.com

Banks are more concerned with 'global warming' than shareholder returns, Bernie Marcus argued​

"It's pathetic that so many people lost money that won't get it back""It's pathetic that so many people lost money that won't get it back"Who knows whether the Justice Department would go after them? They're a woke company, so I guess not. And they'll probably get away with it," he said to host Neil Cavuto.
Below picture is the biggest problem in this Country oatmeal for brains has fucked this country over.

Look at this chart. Bank deposits are decreasing, for an extended period of time, and this is quite unusual, as you can see from the historical trend...

Deposits, All Commercial Banks

Graph and download economic data for Deposits, All Commercial Banks (DPSACBM027NBOG) from Jan 1973 to Feb 2024 about deposits, banks, depository institutions, and USA.

fred.stlouisfed.org

Federal Reserve economists project recent banking crisis will tip economy into recession, meeting minutes show​

• Minutes from the Fed's March policy meeting were released on Wednesday
• They show staff economists are forecasting a 'mild recession' later this year

Fed economists project recent banking crisis will trigger recession

The minutes from the Fed's March 21-22 meeting, released on Wednesday, show how the collapse of Silicon Valley Bank and Signature Bank of New York dominated the discussion.

www.dailymail.co.uk

 

[Jim H - VA USA]

Look at this chart. Bank deposits are decreasing, for an extended period of time, and this is quite unusual, as you can see from the historical trend...

View attachment 775930

Deposits, All Commercial Banks

Graph and download economic data for Deposits, All Commercial Banks (DPSACBM027NBOG) from Jan 1973 to Feb 2024 about deposits, banks, depository institutions, and USA.

fred.stlouisfed.org

Federal Reserve economists project recent banking crisis will tip economy into recession, meeting minutes show​

• Minutes from the Fed's March policy meeting were released on Wednesday
• They show staff economists are forecasting a 'mild recession' later this year

Fed economists project recent banking crisis will trigger recession

The minutes from the Fed's March 21-22 meeting, released on Wednesday, show how the collapse of Silicon Valley Bank and Signature Bank of New York dominated the discussion.

www.dailymail.co.uk

This alarming chart shows the total bank deposits versus time (left axis) and the year-on-year change in bank deposits over time (right axis) in billions of dollars. Deposits are down one trillion dollars in the past year...

This chart shows the total bank deposits and the net weekly deposits...

There is something very amiss here.