If you’re going to help something to succeed, you also have to allow that something to fail. Over the last couple of years we’ve seen a banking failures. I know Biden is telling the depositors of failed banks that he’ll guarantee an unlimited amount of money. In Silicon Valley a lot of people have hundreds and millions of dollars for the bank that they chose. It’s now not going to be allowed to fail. Well, who is going to fail? The taxpayer I’m afraid. Also the banking system. Banking business is good customer relations, prudent investments and loans. And NOT ESG environmental, social, government, scores. Go woke go broke. Except banks aren’t allowed to go broke. What a shame.
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