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The Wrap: Rate Cuts, FSOC Fantasy and CRE Deflation
The Trump FSOC document reads like a Marvel comic book and is entirely laudatory towards crypto fraud, but uses the same idiotic language as former Treasury Secretary Janet Yellen in describing the grave systemic risks posed by residential mortgage servicers. The report states incredibly: "The continued use of U.S. dollar-denominated stablecoins is expected to support the role of the U.S. dollar in the international financial system..."
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Dec 11, 20256 min read


Q: Which Top Seven Bank is Most Vulnerable in a Recession?
If we consider the larger picture, we already have years of pent-up credit expenses awaiting realization, but add to the sauce Donald Trump.
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Mar 23, 202514 min read
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