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algreeny
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>With Trillion $$ Subsidy, Banks Still ‘Struggle’  - Rick Ackerman - 
Me thinks the only ones left in the market are fools and thieves....mostly thieves.

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Beginning of the headline :Think you could make it in business with a trillion dollar subsidy? That’s a very conservative estimate of what banks can borrow each year at almost no cost, courtesy of Fed easing. Returning the favor, the banks plow the funny money into Treasury paper, stocks and bonds, then lend what crumbs remain to the riff-raff at usurious interest rates that sometimes exceed 20% — a tad more than Frankie the Camel charges customers.  What a great way to make money!  And yet, how do we account for this rec... Read More
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