ItsMeMorgue · F
Temporarily. Until it fails again.
PDXNative1986 · 36-40, MVIP
@ItsMeMorgue we've gotta understand credit better ma'am like bankers make their whole fortune off lending and because they eventually run out of financially well adjusted borrowers they always reliably eventually lower lending standards and lending money to borrowers who aren't so financially well adjusted and pressure builds until the wave of default hits and when it hits a high enough threshold the whole economy melts down prices go into free fall and the dollar surges. The coming crisis? Have only this faith, after the dust settles the cycle will rinse and repeat, they'll do it again. because a bank has to make loans to an expanding number of people to grow, it's part of their business model, baked in. So over and over and over again throughout history they always create a credit bubble that eventually burst. So their business model makes them incapable of learning from experience. They have to keep fucking up to expand.


