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The regulators say everything is fine and dandy, but the market participants know otherwise.
Prior to September 17, 2019 banks used to loan each other money for short periods of time. Since that date, banks no longer loan to each other. If banks need short term funds, they get the loan directly from the Fed's discount window. The banks know that on any given day the system could collapse and their counter party could simply stiff them.
The regulators say everything is fine and dandy, but the market participants know otherwise.
Took me a while to get this. Now I see it as as the sexually deviant new left killing and eating the guts of the old left, the left that used to be exclusively about workers' pay and conditions.
I could feel them, in real time, leaving me behind.
Whoops....it is the right that wants to diminish child labor laws,
... and we make bad remarks about children working in China's factories.
WASHINGTON, D.C. — Trump appeared in court yesterday after Special Council Jack Smith charged him with the high crime of questioning his election results while not being a Democrat.
"The sacred words penned in our Constitution, which I have so much reverence for, make it clear that only Democrats are allowed to question election results," said Smith to reporters. "Trump brazenly questioned an election even though his name isn't Hillary and he didn't even have a fake Russian dossier to prove his case. This is a dark and dangerous day for our democracy. Hehe, alliteration."
"We must be clear: no one who is a Republican is above the law."
The former President has also been charged with 5 other counts, including:
Removing a USB drive without ejecting it first
Going to McDonald's and getting a cup for water but filling it with Sprite
Wearing a National Park Junior Ranger badge without finishing the activity booklet
Pressing the 'credit' button on a card reader even though he was using a debit card
Clicking the box saying he had read the Terms Of Service when he really just scrolled through it
High treason against the media
At publishing time, Trump had pleaded "not guilty" on all charges on the grounds that he is actually a Democrat.
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