Quote:
Originally Posted by OneHungLo
I've seen you say here many times China is fucking us bigtime and we need to battle them. Here's Trump is doing just that and you're complaining. You're just full of shit
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I'm not brainwashed like you.
I just listed major negative record breaking hits to our economy and your response is to attack me personally to distract from the topic.
Are you capable of having a straight forward conversation?
On top of all those negatives I listed yesterday Trump removed bank regulation that's put stress tests on the banks to make sure they can withstand another collapse. Do you know why? Because some were failing the tests!
If your plane started failing safety tests and you chose not to fix it and stop testing would you fly that plane?
Deutsche Bank fails Fed stress test while 3 US lenders stumble
The annual test found "widespread and critical deficiencies" in the bank's capital planning controls.
The Fed also placed conditions on three banks that passed the test.
Goldman Sachs Group and Morgan Stanley cannot increase their capital distributions.
State Street Corp must improve its counterparty risk management and analysis
None of these banks have to make any changes now because as they started failing we decided to stop testing. It's back to driving us into another crash with no protections.