Ben Thornton
@betbigwinbig
🇺🇸 Furniture Guy. Buy/Sell Real Estate.
ID: 31043318
14-04-2009 03:13:40
252 Tweet
94 Followers
225 Following
Warren Buffett calls stock buyback critics 'economic illiterate' in Berkshire Hathaway annual letter cnb.cx/3EBm12l So ... that'd be Joe Biden Elizabeth Warren Bernie Sanders etc.
Yellen: Only uninsured deposits at banks seen as systemic risk will be protected CNBC “Banking system is stable” & “deposits will be there” UNLESS uninsured deposits are at bank that doesn’t pose systemic risk to system. In that case, you’re SOL. Got it. cnbc.com/2023/03/16/svb…
This is unprecedented humiliation for the Federal Reserve. Just 2 hours earlier, Powell said US banking system is "sound and resilient", seemingly unaware that yet another of the largest California banks was teetering on the edge. How is this level of incompetence possible
My dear American friends, We British Christians would get excited when, once a year, Queen Elizabeth would make a mild but sincere reference to the love of Jesus Christ in her Christmas address. In Charlie Kirks' Memorial service, watched by tens of millions, I just heard: -