Loading ...Debt Pushers
Cad ticker for US banks, Trump made interest payments on new vehicles tax deductible so hurry in for the new F150…. Hurry in and refi the house with the next drop too, and then the European debt bs hits and rates go up and a win win for the pushers.
Dollar at the 618 fib
The Federal Deposit Insurance Corporation (FDIC) eased leverage rules (supplementary leverage ratio, or SLR), reducing minimum capital ratios banks must hold to absorb losses, potentially freeing up $213 billion for subsidiaries of major banks. U.S. banks could release up to 14% of their Common Equity Tier 1 (CET1) capital, equating to about $2.6 trillion in additional assets for lending and markets activity. All of this coming soon to a restaurant near you in April 2026! With a QE and a rate cut dessert on top
WOW…so how does this jibe with the Destruction of the Canadian Economy story ?
Bullshit story ? Canada is Booming ?
No, the banking parasites are booming!
50 year mortgages, credit cards…. as Armstrong writes, Japan, Euro banks are teetering, once one falls then the contagion but all systems go for now, the US banks look interesting as almost 20 trillion invested in 9 months from outside sources so job jobs jobs and borrow goes on. I saw a post that USA is now giving work visas for Canadian tradespeople. Canadian banks have been downsizing locations and hiring the imports at lower wages, they do most applications online so they have been streamlining . Just think about how many times one taps their phone to pay now or runs to the debit machine, ching ching for the banker man…….
YES BUT THEIR CORE BUSINESS IS loans / mortgages THEY CANNOT BE THRIVING UNLESS THAT BUSINESS IS BOOMING IMHO
JUST BOUGHT A NEW VEHICLE ( NISSAN ) I ASKED HOW BUSINESS WAS ….EXPECTING IT TO BE POOR
BOOMING…BEST EVER
WTF EH ?
refinances keep the wheel turning, record breaking profits every year. Companies dip into their credit lines for survival to pay the staff….