by Chris Black
It is ironic that the Credit Suisse Bank CEO name is Lehmann.
Cohencidence, naturally.
Well, I guess this is the part where the rug gets pulled out from under us.
Enter the digital currency because that will be the only solution to fix this “problem”.
BREAKING NEWS: @CreditSuisse is to borrow CHF 50 billion from Switzerland's central bank, the Swiss National Bank (@SNB_BNS) to shore up its liquidity position.https://t.co/PTtCOQZO0B#bankingcrisis #markets #TooBigToFail #switzerland
— Olu Omoyele (@OluOmoyele) March 16, 2023
So, is their argument going to be: “The banks were all f’kd up – so we’re going to fix it by getting rid of cash and forcing all money into those same f’kd-up banks?”
How does that make any sense?