Those all bury the lead.
Easy money ending too quickly caused the First Republic collapse. Not the other way around. The Fed did a half a decade of rate hikes in a year.
Feb '22 rates were 0.08% by Feb '23 they were 4.57%. A 5700% increase in 12 months. First Republic collapsed on May '23.
An aggressive but responsible rate increase of 0.25% per quarter would have taken only 4 years to implement but would likely have led to zero bank failures.
than.os
It's already a long ass title. How much are they suppose to fit in there?
The programs in question were incredibly effective at ending child poverty in the US. Their ending will increase child poverty.
South Africa is much more friendly with Russia and China than is the US.
South Africa is the S in BRICS.
If Congress declared war or maybe an Authorization for Use of Force (like Iraq/Afghanistan) it would be fair to consider him a traitor. Until then not really.
I loled. It's an underrated comment.
Why is your user tagged as
banned?