Normal
does she quote a source ?? or is she using the FDIC as a stage prop i hear anecdotal data that says a scary number of US citizens have less than one month's cash reserves ( and i assume outstanding debt not currently due ) in fact many are living from pay-check to pay-check , now in Australia that is not really bad ( in my social circles ) but in a credit-addicted society ?? and if Ms Yellen is thinking of those Basel III buffers ( which Australian banks regularly test for and pass comfortably ) MAYBE she should go back a few months ( about a year ) and re-read the relaxation of lending standards implemented to add 'liquidity ' to the US economy *** Everyone panicking isn’t a catalyst *** it can be , everyone panicking in the same direction is called a stampede , and that can change a lot ( and when they are panicked and ANGRY that is called a riot )
does she quote a source ?? or is she using the FDIC as a stage prop
i hear anecdotal data that says a scary number of US citizens have less than one month's cash reserves ( and i assume outstanding debt not currently due )
in fact many are living from pay-check to pay-check , now in Australia that is not really bad ( in my social circles ) but in a credit-addicted society ??
and if Ms Yellen is thinking of those Basel III buffers ( which Australian banks regularly test for and pass comfortably ) MAYBE she should go back a few months ( about a year ) and re-read the relaxation of lending standards implemented to add 'liquidity ' to the US economy
*** Everyone panicking isn’t a catalyst ***
it can be , everyone panicking in the same direction is called a stampede , and that can change a lot ( and when they are panicked and ANGRY that is called a riot )
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