BIG PICTURE NOT BEING DISCUSSED–

    Posted by retirefire on 16th of Mar 2023 at 06:49 am

    BIG PICTURE NOT BEING DISCUSSED– The western politicians followed the climate change instructions of the WEF multinational corporations and banks (Build Back Better) and post-pandemic immediately started reducing energy development.  The central bankers then began raising interest rates to shrink the economies of the same western nations to the scale of the now diminished energy production.

    The raising of interest rates is now hitting the national and multinational banks impacted by government policy that was following WEF orders.  Now the western politicians are stepping in with the government controlled central banks to backstop the national banks and multinationals. Self inflicted wounds. Saudia Arabia refuses to bail out Credit Suisse.  BRICS vs. West

    Your connection between climate change

    Posted by coolhat on 16th of Mar 2023 at 08:22 am

    Your connection between climate change investments and rising rates leading to bank defaults is tenuous at best. Please look into how poor the risk management was. Most management was highly compensated but failed to do their basic job and tried to hide behind regulatory relief.

    look at how poorly functioning

    Posted by retirefire on 16th of Mar 2023 at 08:48 am

    look at how poorly functioning politicians/cabinet members/risk managers/FED chairs  are in place everywhere as almost by design.  GL back to trading now

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