Federal Reserve’s latest masterpiece: a record $114 billion loss.

Source: https://citizenwatchreport.com/federal-reserves-latest-masterpiece-a-record-114-billion-loss-and-theres-still-a-trillion-plus-in-unrealized-losses-waiting-in-the-wings/
Published: Jan 17, 2024
Author: Staff
Post Date: 2024-01-17 21:12:15 by Horse
Views: 148

And there’s still a trillion-plus in ‘unrealized’ losses waiting in the wings.

Peter St Onge, Ph.D. @profstonge

Fed reports its largest loss in history: $114 billion in a single year.

That would be the third largest bankruptcy in American history. And there's still another trillion plus in "unrealized" losses.

Who'll pay for it? You. And your children.

https://twitter.com/i/status/1747250721529937931

Poster Comment:

Watch that video. It is very enlightening.

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#1: Horse    To: All (#0)

Barchart @Barchart

U.S. Banks are facing unrealized losses of roughly $685 billion. They are desperately hoping the Federal Reserve will cut rates sooner rather than later.

Horse posted on 2024-01-17 21:16:03   Reply   Private Reply