banks are doing fine. the government, the buyer of last resort, is buying up positions in asset classes theyve never taken before: equity positions in american industry in massive size, providing stability and encouraging other buyers to enter market, providing liquidity to banks. even failing banks like Wells Fargo are anxiously awaiting increased asset caps, letting them lend even more money!
banks are doing fine. the government, the buyer of last resort, is buying up positions in asset classes theyve never taken before: equity positions in american industry in massive size, providing stability and encouraging other buyers to enter market, providing liquidity to banks.
even failing banks like Wells Fargo are anxiously awaiting increased asset caps, letting them lend even more money!