Trump didn't cause the collapse, but he played forcing moves against the enemy so that they themselves ended up having to collapse the system. The entire play up until now has been that - Operation Warpspeed - forcing the enemy to move at warpspeed and make tons of mistake along the way.
I know that the left-o-sphere is blaming Trump for getting rid of Dodd-Frank law which they are saying caused this banking crash.
Dodd-Frank law was never intended to fix the real problems of 2008 and would not have fixed these crashes. Here is a mainstream article about this you can share with the normies.
Secondly, Dodd Frank law was repealed with bipartisan support. Democrats had been talking about it even before Trump came. Here is another MSM article you can share that explains this as well.
Surely if the Dodd-Frank act was worth more than an eye roll Barney himself could’ve helped protect Signature Bank from collapse.
In an interview with Bloomberg late Sunday, Frank partly blamed cryptocurrencies, which hadn’t existed when he and fellow lawmakers in Washington were grappling with the collapse of Lehman Brothers in 2008.
“Digital currency was the new element entered into our system,” Frank told Bloomberg. “A new and destabilizing — potentially destabilizing — element is introduced into the financial system. What we get are three failures.”
Frank didn’t address the fact that crypto had become a key growth vehicle for Signature Bank under the direction of himself and others — despite widespread concerns about the risks of the notoriously volatile sector.
The normies aren’t getting that any regulation passed by DC isn’t ~protecting the security of the financial sector,~ it’s adding fees and pressure on anyone outside of the 1% while TPTB keep up their savior charade.
I truly believe the scales have tipped - Trump is forcing the Fed to collapse itself… Remember he along with WH Patriots have dismantled the three Deep State pillars of the ‘Cornerstone’ triumvirate - Patriots bankrupted the Vatican 5/2017 (Moral Authority Cornerstone) / Cut the Balls off DC 1/2021(Military Cornerstone) and White Hats are now systematically taking down the Central Bank / Fed Reserve / Rothschilds Bank of London 3/23 (Financial Cornerstone)…
suppose more pain comes before the Fed has a chance to offload that risk onto taxpayers
Unfortunately, this isn't possible. The Fed isn't a normal entity. The Fed is already bankrupt. It just gives itself loans based on "estimated future earnings" and keeps going. So there are only 2 possibilities:
the USD will become worthless. In which case offloading risk to the Fed was irrelevant
or
the USD will not become worthless. In which case the "loans" the Fed gave itself will eventually be borne by the US taxpayer at some future date
So consider. The only way to get rid of the Fed is a complete currency collapse and reset. That wipes the balance sheet clean. You can't get rid of the Fed while the USD survives. Allowing the economy to shed risk to the Fed actually makes that more difficult to accomplish, because the Fed has an unlimited ability to absorb risk.
Now, suppose Trump did the same thing with various policies? Banking, transportation safety, trade, etc? Would this not be far too great a carrot for adversaries to not try to exploit?
True…but what policies would have done this? To speculate further we would need to know what specifically would be the potential catalyst and how
Like, I understand the theory, but you're talking about an irresistable carrot that caused a bank collapse without knowing what the carrot is. It's just not easy to see if there's anything to exploit that would have failed the banks, let alone if it was the actualy cause of the collapse.
Weak people will always find fault with the external but they forget the person in the mirror.
Think wokism. This is not about actual merit, but blatant stupidity along the lines of: crazy people running the asylum. Literally.
So, what happens when you have a sound regulation but it takes a sound man or woman to implement it?
The same situation, and take a woke programmed mind.
All of a sudden you will expect a different time-preference.
These vicious crazy people demonstrate they are totally inept.
Case in point: appoint pilots based on skin color instead of ability to fly and land a plane safely at all times.
How long before near misses become head on collisions?
Not directly related to this thread, but the debt clock (usdebtclock.org) no longer shows “Federal Reserve Monetary Base” and has now been changed to “US Treasury Dollars.”
If you forward the debt clock to 2027 (the next available option after 2023) it is different yet again, and reads “US Monetary Base.” I find this intriguing as I’ve read (grain of salt) that Trump will put us back on a Gold Standard in 2026.
It worries me that ALL OF THIS is a movie. Even Trump's part. In a movie the villain needs a hero. An evil plot needs a positive ending or outcome.
Gaining a Nationalistic ferver gives these Globalists the enemy it needs. Either to use the altercations as reason for more Restrictions or act like good guys win and hide the Evil in the rebuilding.
Trump didn't cause the collapse, but he played forcing moves against the enemy so that they themselves ended up having to collapse the system. The entire play up until now has been that - Operation Warpspeed - forcing the enemy to move at warpspeed and make tons of mistake along the way.
I know that the left-o-sphere is blaming Trump for getting rid of Dodd-Frank law which they are saying caused this banking crash.
Dodd-Frank law was never intended to fix the real problems of 2008 and would not have fixed these crashes. Here is a mainstream article about this you can share with the normies.
Secondly, Dodd Frank law was repealed with bipartisan support. Democrats had been talking about it even before Trump came. Here is another MSM article you can share that explains this as well.
Barney Frank sits on the board of directors at Signature Bank.
Surely if the Dodd-Frank act was worth more than an eye roll Barney himself could’ve helped protect Signature Bank from collapse.
The normies aren’t getting that any regulation passed by DC isn’t ~protecting the security of the financial sector,~ it’s adding fees and pressure on anyone outside of the 1% while TPTB keep up their savior charade.
Just pointing out, the correct Bostonian pronunciation is “Bonnie Fwank”. (You know how they screw with their “R”s. Pahk the cah).
#DoItQ
Unfortunately, this isn't possible. The Fed isn't a normal entity. The Fed is already bankrupt. It just gives itself loans based on "estimated future earnings" and keeps going. So there are only 2 possibilities:
or
So consider. The only way to get rid of the Fed is a complete currency collapse and reset. That wipes the balance sheet clean. You can't get rid of the Fed while the USD survives. Allowing the economy to shed risk to the Fed actually makes that more difficult to accomplish, because the Fed has an unlimited ability to absorb risk.
True…but what policies would have done this? To speculate further we would need to know what specifically would be the potential catalyst and how
What were those though?
Like, I understand the theory, but you're talking about an irresistable carrot that caused a bank collapse without knowing what the carrot is. It's just not easy to see if there's anything to exploit that would have failed the banks, let alone if it was the actualy cause of the collapse.
Maybe it is more simpeler than that.
Weak people will always find fault with the external but they forget the person in the mirror.
Think wokism. This is not about actual merit, but blatant stupidity along the lines of: crazy people running the asylum. Literally.
So, what happens when you have a sound regulation but it takes a sound man or woman to implement it? The same situation, and take a woke programmed mind.
All of a sudden you will expect a different time-preference.
These vicious crazy people demonstrate they are totally inept.
Case in point: appoint pilots based on skin color instead of ability to fly and land a plane safely at all times.
How long before near misses become head on collisions?
Blaming Trump for bank collapse is like blaming a fart for 911.
These people are fucking invalids.
Not directly related to this thread, but the debt clock (usdebtclock.org) no longer shows “Federal Reserve Monetary Base” and has now been changed to “US Treasury Dollars.”
If you forward the debt clock to 2027 (the next available option after 2023) it is different yet again, and reads “US Monetary Base.” I find this intriguing as I’ve read (grain of salt) that Trump will put us back on a Gold Standard in 2026.
“Gold shall destroy FED” ~ Q
Think of it as forcing the rich to pay their fair share. The left should be celebrating. So yeah, go ahead and blame this one on Trump.
It worries me that ALL OF THIS is a movie. Even Trump's part. In a movie the villain needs a hero. An evil plot needs a positive ending or outcome.
Gaining a Nationalistic ferver gives these Globalists the enemy it needs. Either to use the altercations as reason for more Restrictions or act like good guys win and hide the Evil in the rebuilding.
I'm sorry...what movies are you watching?
What do you think about this ?? https://badlands.substack.com/p/master-and-commander