Banks take your money and put it in investments that are supposed to multiply your money. They then put that money in their pocket and give you a smidge of it back called "interest" so that you look the other way while they actually lose all your money.
When they're overleveraged it means they've lost more money in their piss-poor performing investments than when they started. Being over-leveraged by 2 quadrillion means not only do they not have everyone's money available for use on demand, but they actually owe people because they are 2 quadrillion dollars in debt.
That debt carries on to the people, so while the bank gets bailed out by the government, you're the one who loses all their money when they fuck around with risky investment schemes.
If the DeepState wanted to make everyone broke overnight, they'd go ahead and just invest everyone's money into joke stocks and then laugh their asses off as everyone goes broke except them, because taxpayer dollars will bail them out.
Then they don't use that money to pay off the overleveraged investments.
So, they take our money, invest it poorly, get bailed out by more of our money (taxes and watering down the dollar through printing) and then take that money and double down on the shitty investments that got them in trouble to begin with.
Highway robbery is more respectable, because at least they don't print money.
Like the sad old joke of the gambler down on his luck that is given some $. Instead of paying down his debt, he gambles it again hoping to win big again and pay it all off with some left over. Yet again, he loses.
Can someone break this down on what this means? Not my expertise.
Banks take your money and put it in investments that are supposed to multiply your money. They then put that money in their pocket and give you a smidge of it back called "interest" so that you look the other way while they actually lose all your money.
When they're overleveraged it means they've lost more money in their piss-poor performing investments than when they started. Being over-leveraged by 2 quadrillion means not only do they not have everyone's money available for use on demand, but they actually owe people because they are 2 quadrillion dollars in debt.
That debt carries on to the people, so while the bank gets bailed out by the government, you're the one who loses all their money when they fuck around with risky investment schemes.
If the DeepState wanted to make everyone broke overnight, they'd go ahead and just invest everyone's money into joke stocks and then laugh their asses off as everyone goes broke except them, because taxpayer dollars will bail them out.
Remember -- "banks are simply too big to fail!"
Can’t they just keep printing? So they never have to worry?
The FED prints the money to bail them out.
Then they don't use that money to pay off the overleveraged investments.
So, they take our money, invest it poorly, get bailed out by more of our money (taxes and watering down the dollar through printing) and then take that money and double down on the shitty investments that got them in trouble to begin with.
Highway robbery is more respectable, because at least they don't print money.
Like the sad old joke of the gambler down on his luck that is given some $. Instead of paying down his debt, he gambles it again hoping to win big again and pay it all off with some left over. Yet again, he loses.