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silence7@slrpnk.net to politics @lemmy.worldEnglish · 1 day ago

US poised to dial back bank rules imposed in wake of 2008 crisis

www.ft.com

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US poised to dial back bank rules imposed in wake of 2008 crisis

www.ft.com

silence7@slrpnk.net to politics @lemmy.worldEnglish · 1 day ago
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Regulators preparing to cut capital requirements that are the target of vigorous criticism from Wall Street

This post uses a gift link which may have a view count limit. If it runs out, there is an archived copy of the article

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  • 800XL@lemmy.world
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    20 hours ago

    Yo yo yo. If you allow the rich to keep their tax money and don’t make them pay their fair share they’ll reinvest that in the workers and the company and the riches will…trickle down the ravings

  • NatakuNox@lemmy.world
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    21 hours ago

    Just a bit further now.

  • wanderwisley@lemm.ee
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    1 day ago

    My economic crash will be the biggest and bestest one ever in history everyone’s saying it already! 🫲🍊🫱

  • jordanlund@lemmy.worldM
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    1 day ago

    The crisis that was caused by dialling back bank rules imposed after the great depression? Surely it will work this time… 🤔

    • hemmes@lemmy.world
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      22 hours ago

      Exactly. It’s like everyone’s allergic to learning a lesson.

      • ToastedRavioli@midwest.social
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        20 hours ago

        The rich learned their lesson last time: the lesson being that they can buy shit on the cheap while everyone else gets screwed.

        And they hold the levers of power, so…

  • blakenong@lemmings.world
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    1 day ago

    Double-recession

  • SinningStromgald@lemmy.world
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    1 day ago

    The next crash will make a great cover for more austerity measures.

  • Trimatrix@lemmy.world
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    1 day ago

    Silver lining, we can get houses due to a crash?

    • throwawayacc0430@sh.itjust.works
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      24 hours ago

      No, but every rental unit in the US is now owned by Musk. 🙃

    • blakenong@lemmings.world
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      1 day ago

      Only if people actually lower their prices. If big corporations keep snagging up the good houses then people who have crappy houses will think they can still keep their prices high. This is you get an $800,000 two bedroom house in a bad neighborhood without even so much as a renovated kitchen.

    • silence7@slrpnk.netOP
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      1 day ago

      You will be out of work and won’t be able to. Investor groups will buy them at auction instead

  • thesohoriots@lemmy.world
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    1 day ago

    And I feel “constrained” by a lack of subprime lending, let’s bring that shit back too.

  • Nusm@yall.theatl.social
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    1 day ago

  • boydster@sh.itjust.works
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    1 day ago

    Can’t wait for We the People to bail out the banks again and lose our shirts along the way.

  • HappySkullsplitter@lemmy.world
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    1 day ago

    Because of course they are

    If they’re not careful they’re going to crash the economy way before the next dem takes over so they can’t blame it on them as usual

  • echo@lemmings.world
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    1 day ago

    duh

  • redsand@lemmy.dbzer0.com
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    1 day ago

    It really is a speedrun

    • TachyonTele@lemm.ee
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      1 day ago

      Grab it while you can

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