The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once

[Doc7505]

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once​

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once

pjmedia.com

13 Mar 2023 ~~ By STEPHEN GREEN

The Biden Economy — hailed Monday morning by Presidentish Joe Biden as “strong” — seems like it’s falling apart, everything, everywhere all at once. NYSE halted trading of Charles Schwab, whose shares fell by more than 20%, and even a few Etsy sellers have been impacted by the fallout of Silicon Valley Bank’s (SVB) collapse.
Schwab’s fall was the firm’s “most ever on an intraday-basis,” even as company execs assured investors in a press release that “Schwab’s long-standing reputation as a safe port in a storm remains intact.”
Overall, trading of shares in over 30 banks was halted on Wall Street Monday morning, as the entire sector suddenly looks like a risk investors aren’t willing to take. Almost everything banking was down, down, down in pre-market trades, which MarketWatch described as “panic-like activity.”
“Among some of those that have already been halted at least twice,” MarketWatch reported, “shares of Western Alliance Bancorp WAL, -51.05% plummeted 78.2%, Regions Financial Corp. RF, -5.33% sank 15.6%, First Republic Bank FRC, -64.05% plunged 65.5%, Comerica Inc. CMA, -21.24% tumbled 39.4% and PacWest Bancorp. PACW, -25.18% took a 47.7% dive.”
Signature Bank, “a key financial institution for the cryptocurrency industry,” according to the New York Post, was shut down on Sunday over “similar systemic risk” to SVB.
SVB and Signature are the second- and third-largest bank failures in U.S. history, respectively, with combined assets in excess of $300 billion.
~Snip~
“We’ve made strong economic progress in the past two years,” Biden said Monday. The RNC Twitter account responded with a few inconvenient truths: “When Biden took office, inflation was at 1.4% and gas was $2.39/gal. Today, inflation is at 6.4% and gas is $3.47/gal.”
And that was before the big bills starting coming due for three years spent shutting down and re-regulating the economy while printing up trillions in funny money.
I could say “I told you so,” gentle reader, but you were telling me, too.


Commentary
Bu, Bu, Bu, Bu, But, the economy's strong as hell. Biden said so. Would Joe lie? You mean the Kabul pullout was NOT a glorious triumph?
This is why Maoist Democrats have to steal from others - they’re too stupid to honestly earn money but great at going bankrupt
Mission Accomplished!

 

[Thunk]

All intentional.

Biden has systematically destroyed this country in 2 years...Now we will probably be attacked.

With oil drilling destroyed and the SPR drained...we wont be able to defend our country...then all will be lost.

 

[Doc7505]

Meanwhile:

​

 

[CrusaderFrank]

All intentional.

Biden has systematically destroyed this country in 2 years...Now we will probably be attacked.

With oil drilling destroyed and the SPR drained...we wont be able to defend our country...then all will be lost.

That's why the CCP and Sinaloa Cartel worked so hard to get him "elected"

 

[candycorn]

Meanwhile back in reality, we've added something like 800,000 jobs this year. Not exactly what any economist would call "falling apart".

 

[Damaged Eagle]

Rampart corruption, banks closing, homelessness..... another Black Thursday is around the corner and there won't be anyone to borrow from for some New Deal scheme this time.

*****SMILE*****

 

[excalibur]

Meanwhile back in reality, we've added something like 800,000 jobs this year. Not exactly what any economist would call "falling apart".

What kind of jobs? And who believes the Biden BLS?

 

[scruffy]

What kind of jobs? And who believes the Biden BLS?

What jobs?

Aint no fuckin jobs.

Whoever said there is, is LYING. Must be a leftard, that's what they do.

 

[Mac1958]

Meanwhile back in reality, we've added something like 800,000 jobs this year. Not exactly what any economist would call "falling apart".

But PJ Media says otherwise!

 

[frigidweirdo]

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once​

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once

pjmedia.com

13 Mar 2023 ~~ By STEPHEN GREEN

The Biden Economy — hailed Monday morning by Presidentish Joe Biden as “strong” — seems like it’s falling apart, everything, everywhere all at once. NYSE halted trading of Charles Schwab, whose shares fell by more than 20%, and even a few Etsy sellers have been impacted by the fallout of Silicon Valley Bank’s (SVB) collapse.
Schwab’s fall was the firm’s “most ever on an intraday-basis,” even as company execs assured investors in a press release that “Schwab’s long-standing reputation as a safe port in a storm remains intact.”
Overall, trading of shares in over 30 banks was halted on Wall Street Monday morning, as the entire sector suddenly looks like a risk investors aren’t willing to take. Almost everything banking was down, down, down in pre-market trades, which MarketWatch described as “panic-like activity.”
“Among some of those that have already been halted at least twice,” MarketWatch reported, “shares of Western Alliance Bancorp WAL, -51.05% plummeted 78.2%, Regions Financial Corp. RF, -5.33% sank 15.6%, First Republic Bank FRC, -64.05% plunged 65.5%, Comerica Inc. CMA, -21.24% tumbled 39.4% and PacWest Bancorp. PACW, -25.18% took a 47.7% dive.”
Signature Bank, “a key financial institution for the cryptocurrency industry,” according to the New York Post, was shut down on Sunday over “similar systemic risk” to SVB.
SVB and Signature are the second- and third-largest bank failures in U.S. history, respectively, with combined assets in excess of $300 billion.
~Snip~
“We’ve made strong economic progress in the past two years,” Biden said Monday. The RNC Twitter account responded with a few inconvenient truths: “When Biden took office, inflation was at 1.4% and gas was $2.39/gal. Today, inflation is at 6.4% and gas is $3.47/gal.”
And that was before the big bills starting coming due for three years spent shutting down and re-regulating the economy while printing up trillions in funny money.
I could say “I told you so,” gentle reader, but you were telling me, too.


Commentary
Bu, Bu, Bu, Bu, But, the economy's strong as hell. Biden said so. Would Joe lie? You mean the Kabul pullout was NOT a glorious triumph?
This is why Maoist Democrats have to steal from others - they’re too stupid to honestly earn money but great at going bankrupt
Mission Accomplished!

How long, do you think, it takes a President's policies to come in and take effect?
It's quite a long time. Perhaps negative policies can impact quicker than positive one.

However, what policies has Biden implemented to lead to the economy going down hill?

I wrote comments when the economy was booming under Trump. A lot of Trump supporters were like "Trump is the best, look at the economy", and I said something like "Well, the higher you go, the harder you fall".
Trump pushing the economy was always going to lead to a harder fall. Look at what Bush Dubya did, he started to see a little recession, so he pushed the economy more and more, and then WHAM.

And it wasn't all Bush Dubya's fault. He doesn't write the LEGISLATION. The President doesn't have all that much power. Congress does.
What's causing these problems recently? Cryptocurrencies.
The lack of dealing with cryptocurrencies ever since they came out has led to them going up and up and up in value to the point where people saw them as a way of making money from, literally NOTHING. What could go wrong?

Oh, people could get worried, take out all their money, the banks don't have enough money and they close, and the domino effect will go on and on and on.

Biden't fault? Nope. Trump's fault? No, more so that Biden's, but less so that Congress's.

 

[Smokin' OP]

What jobs?

Aint no fuckin jobs.

Whoever said there is, is LYING. Must be a leftard, that's what they do.

Awww, Biden even provides jobs for teabaggers.

Accommodations for Employees with Mental Health Conditions​

U.S. Department of Labor (.gov)
https://www.dol.gov › program-areas › mental-health



The Job Accommodation Network (JAN) is a free consulting service from the U.S. Department of Labor's Office of Disability Employment Policy that provides ...

 

[Markle]

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once​

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once

pjmedia.com

13 Mar 2023 ~~ By STEPHEN GREEN

The Biden Economy — hailed Monday morning by Presidentish Joe Biden as “strong” — seems like it’s falling apart, everything, everywhere all at once. NYSE halted trading of Charles Schwab, whose shares fell by more than 20%, and even a few Etsy sellers have been impacted by the fallout of Silicon Valley Bank’s (SVB) collapse.
Schwab’s fall was the firm’s “most ever on an intraday-basis,” even as company execs assured investors in a press release that “Schwab’s long-standing reputation as a safe port in a storm remains intact.”
Overall, trading of shares in over 30 banks was halted on Wall Street Monday morning, as the entire sector suddenly looks like a risk investors aren’t willing to take. Almost everything banking was down, down, down in pre-market trades, which MarketWatch described as “panic-like activity.”
“Among some of those that have already been halted at least twice,” MarketWatch reported, “shares of Western Alliance Bancorp WAL, -51.05% plummeted 78.2%, Regions Financial Corp. RF, -5.33% sank 15.6%, First Republic Bank FRC, -64.05% plunged 65.5%, Comerica Inc. CMA, -21.24% tumbled 39.4% and PacWest Bancorp. PACW, -25.18% took a 47.7% dive.”
Signature Bank, “a key financial institution for the cryptocurrency industry,” according to the New York Post, was shut down on Sunday over “similar systemic risk” to SVB.
SVB and Signature are the second- and third-largest bank failures in U.S. history, respectively, with combined assets in excess of $300 billion.
~Snip~
“We’ve made strong economic progress in the past two years,” Biden said Monday. The RNC Twitter account responded with a few inconvenient truths: “When Biden took office, inflation was at 1.4% and gas was $2.39/gal. Today, inflation is at 6.4% and gas is $3.47/gal.”
And that was before the big bills starting coming due for three years spent shutting down and re-regulating the economy while printing up trillions in funny money.
I could say “I told you so,” gentle reader, but you were telling me, too.


Commentary
Bu, Bu, Bu, Bu, But, the economy's strong as hell. Biden said so. Would Joe lie? You mean the Kabul pullout was NOT a glorious triumph?
This is why Maoist Democrats have to steal from others - they’re too stupid to honestly earn money but great at going bankrupt
Mission Accomplished!

Your headline...

 

[Thunk]

How long, do you think, it takes a President's policies to come in and take effect?

About 15 minutes.

Biden day 1:
- Halt all construction on the border wall & let them all in...BANG it was done.

- Stop all oil drilling on public lands...BANG it was done.

- Halt all construction of the keystone pipeline & many other pipelines...BANG it was done.

Then he put pressure on businesses to REQUIRE all be injected with experimental shit or lose their job...BANG it was done. That one took about 20 minutes.

 

[hadit]

Meanwhile back in reality, we've added something like 800,000 jobs this year. Not exactly what any economist would call "falling apart".

The nature of most crashes is for the economy to be chugging along well, until it suddenly isn't. You can drive very fast on a nice, empty road until you hit the bridge and find out it collapsed last night.

 

[Thunk]

So we have no oil...not even for emergencies. Biden has wrecked the dollar, the economy, the banking system, the food supply chain, the justice system and the police.

But wait! It gets better...he also gave most of our weapons and ammo to Ukraine (what he didn't leave behind for terrorists in Afghanistan).

So what do you suppose he has set us up for?

 

[busybee01]

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once​

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once

pjmedia.com

13 Mar 2023 ~~ By STEPHEN GREEN

The Biden Economy — hailed Monday morning by Presidentish Joe Biden as “strong” — seems like it’s falling apart, everything, everywhere all at once. NYSE halted trading of Charles Schwab, whose shares fell by more than 20%, and even a few Etsy sellers have been impacted by the fallout of Silicon Valley Bank’s (SVB) collapse.
Schwab’s fall was the firm’s “most ever on an intraday-basis,” even as company execs assured investors in a press release that “Schwab’s long-standing reputation as a safe port in a storm remains intact.”
Overall, trading of shares in over 30 banks was halted on Wall Street Monday morning, as the entire sector suddenly looks like a risk investors aren’t willing to take. Almost everything banking was down, down, down in pre-market trades, which MarketWatch described as “panic-like activity.”
“Among some of those that have already been halted at least twice,” MarketWatch reported, “shares of Western Alliance Bancorp WAL, -51.05% plummeted 78.2%, Regions Financial Corp. RF, -5.33% sank 15.6%, First Republic Bank FRC, -64.05% plunged 65.5%, Comerica Inc. CMA, -21.24% tumbled 39.4% and PacWest Bancorp. PACW, -25.18% took a 47.7% dive.”
Signature Bank, “a key financial institution for the cryptocurrency industry,” according to the New York Post, was shut down on Sunday over “similar systemic risk” to SVB.
SVB and Signature are the second- and third-largest bank failures in U.S. history, respectively, with combined assets in excess of $300 billion.
~Snip~
“We’ve made strong economic progress in the past two years,” Biden said Monday. The RNC Twitter account responded with a few inconvenient truths: “When Biden took office, inflation was at 1.4% and gas was $2.39/gal. Today, inflation is at 6.4% and gas is $3.47/gal.”
And that was before the big bills starting coming due for three years spent shutting down and re-regulating the economy while printing up trillions in funny money.
I could say “I told you so,” gentle reader, but you were telling me, too.


Commentary
Bu, Bu, Bu, Bu, But, the economy's strong as hell. Biden said so. Would Joe lie? You mean the Kabul pullout was NOT a glorious triumph?
This is why Maoist Democrats have to steal from others - they’re too stupid to honestly earn money but great at going bankrupt
Mission Accomplished!

The economy is strong whether you like it or not. Banks fail even in good times. Trump has declared bankruptcy twice so even Republicans know something about bankruptcy.

 

[busybee01]

All intentional.

Biden has systematically destroyed this country in 2 years...Now we will probably be attacked.

With oil drilling destroyed and the SPR drained...we wont be able to defend our country...then all will be lost.

America is producing more oil than ever before. Republicans are destroying this country.

 

[Dragonlady]

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once​

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once

pjmedia.com

13 Mar 2023 ~~ By STEPHEN GREEN

The Biden Economy — hailed Monday morning by Presidentish Joe Biden as “strong” — seems like it’s falling apart, everything, everywhere all at once. NYSE halted trading of Charles Schwab, whose shares fell by more than 20%, and even a few Etsy sellers have been impacted by the fallout of Silicon Valley Bank’s (SVB) collapse.
Schwab’s fall was the firm’s “most ever on an intraday-basis,” even as company execs assured investors in a press release that “Schwab’s long-standing reputation as a safe port in a storm remains intact.”
Overall, trading of shares in over 30 banks was halted on Wall Street Monday morning, as the entire sector suddenly looks like a risk investors aren’t willing to take. Almost everything banking was down, down, down in pre-market trades, which MarketWatch described as “panic-like activity.”
“Among some of those that have already been halted at least twice,” MarketWatch reported, “shares of Western Alliance Bancorp WAL, -51.05% plummeted 78.2%, Regions Financial Corp. RF, -5.33% sank 15.6%, First Republic Bank FRC, -64.05% plunged 65.5%, Comerica Inc. CMA, -21.24% tumbled 39.4% and PacWest Bancorp. PACW, -25.18% took a 47.7% dive.”
Signature Bank, “a key financial institution for the cryptocurrency industry,” according to the New York Post, was shut down on Sunday over “similar systemic risk” to SVB.
SVB and Signature are the second- and third-largest bank failures in U.S. history, respectively, with combined assets in excess of $300 billion.
~Snip~
“We’ve made strong economic progress in the past two years,” Biden said Monday. The RNC Twitter account responded with a few inconvenient truths: “When Biden took office, inflation was at 1.4% and gas was $2.39/gal. Today, inflation is at 6.4% and gas is $3.47/gal.”
And that was before the big bills starting coming due for three years spent shutting down and re-regulating the economy while printing up trillions in funny money.
I could say “I told you so,” gentle reader, but you were telling me, too.


Commentary
Bu, Bu, Bu, Bu, But, the economy's strong as hell. Biden said so. Would Joe lie? You mean the Kabul pullout was NOT a glorious triumph?
This is why Maoist Democrats have to steal from others - they’re too stupid to honestly earn money but great at going bankrupt
Mission Accomplished!

PJMedia isn't a credible source. Any blogger can post bullshit there.

 

[g5000]

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once​

The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once

pjmedia.com

13 Mar 2023 ~~ By STEPHEN GREEN

The Biden Economy — hailed Monday morning by Presidentish Joe Biden as “strong” — seems like it’s falling apart, everything, everywhere all at once. NYSE halted trading of Charles Schwab, whose shares fell by more than 20%, and even a few Etsy sellers have been impacted by the fallout of Silicon Valley Bank’s (SVB) collapse.
Schwab’s fall was the firm’s “most ever on an intraday-basis,” even as company execs assured investors in a press release that “Schwab’s long-standing reputation as a safe port in a storm remains intact.”
Overall, trading of shares in over 30 banks was halted on Wall Street Monday morning, as the entire sector suddenly looks like a risk investors aren’t willing to take. Almost everything banking was down, down, down in pre-market trades, which MarketWatch described as “panic-like activity.”
“Among some of those that have already been halted at least twice,” MarketWatch reported, “shares of Western Alliance Bancorp WAL, -51.05% plummeted 78.2%, Regions Financial Corp. RF, -5.33% sank 15.6%, First Republic Bank FRC, -64.05% plunged 65.5%, Comerica Inc. CMA, -21.24% tumbled 39.4% and PacWest Bancorp. PACW, -25.18% took a 47.7% dive.”
Signature Bank, “a key financial institution for the cryptocurrency industry,” according to the New York Post, was shut down on Sunday over “similar systemic risk” to SVB.
SVB and Signature are the second- and third-largest bank failures in U.S. history, respectively, with combined assets in excess of $300 billion.
~Snip~
“We’ve made strong economic progress in the past two years,” Biden said Monday. The RNC Twitter account responded with a few inconvenient truths: “When Biden took office, inflation was at 1.4% and gas was $2.39/gal. Today, inflation is at 6.4% and gas is $3.47/gal.”
And that was before the big bills starting coming due for three years spent shutting down and re-regulating the economy while printing up trillions in funny money.
I could say “I told you so,” gentle reader, but you were telling me, too.


Commentary
Bu, Bu, Bu, Bu, But, the economy's strong as hell. Biden said so. Would Joe lie? You mean the Kabul pullout was NOT a glorious triumph?
This is why Maoist Democrats have to steal from others - they’re too stupid to honestly earn money but great at going bankrupt
Mission Accomplished!

Charles Scwab's stock price is up 10 percent today. There was a brief panic in bank stocks due to the collapse of SVB and Signature, but the panic has passed.

Meanwhile, the February jobs report beat expectations.

The country is doing just fine.

Sorry about that! You'll have to hope and pray for America to suffer some other time.

 

[busybee01]

Meanwhile:

​

Mark Kelly is concerned that false information could be used to hurt banks and foreign actors could get involved. Social media posts should be scrutinized to determine whether they are true or not. Even a healthy bank can be harmed by fake information. That may or may not be possible but we should try. Social media posts should be moderated.