Federal Reserve Governor Christopher J. Waller: “Fundamentally, financial stress emerges when someone is owed something and doesn’t get paid back or becomes worried they won’t be paid back.”

by Dismal-Jellyfish Climate Change and Financial Stability Governor Christopher J. Waller At the IE University – Banco de España – Federal Reserve Bank of St. Louis Conference Current Challenges in Economics and Finance, Madrid, Spain https://www.federalreserve.gov/newsevents/speech/waller20230511a.htm TLDRS: “Fundamentally, financial stress …

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Even China isn’t openly attacking America the way the Biden regime is. Fundamentally, no one with this much malice against real Americans can be trusted. Especially with wartime powers.

Biden hates Republicans so much, he would rather give oil money to Venezuela and Saudi Arabia than Texas. It’s been a tough year for consumers, inflation is killing household budgets, and according to KPMG, 91% of top CEOs expect a …

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Our media are fundamentally broken.

https://www.politifact.com/factchecks/2021/apr/15/facebook-posts/fact-checking-whether-kids-cages-border-facility-7/ LOL. 700% capacity is correct, but we don’t think their holding cells consisting of 4 walls of chain link fencing should be called cages, so this isn’t completely correct. haha   h/t  Violated_Norm

FANG seems fundamentally worthless?

#FANG STOCKS Am I missing something?   The fair value calculated by discounted cash flow   Shiller P/E or overall P/B ratios are also that high :: what longtime worldwide QE‘s can do Despite the acceleration in U.S. growth, real earnings …

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