Monday, June 5, 2023
HomeVideoFox News: Economist warns Tucker why more banks could ‘go belly up’

Fox News: Economist warns Tucker why more banks could ‘go belly up’


MacroMavens CEO Stephanie Pomboy reacts to reports Silicon Valley Bank had no risk management chief for nine months on ‘Tucker Carlson Tonight.’ #foxnews #fox #tucker #tuckercarlson

Subscribe to Fox News! https://bit.ly/2vaBUvAS
Watch more Fox News Video: http://video.foxnews.com
Watch Fox News Channel Live: http://www.foxnewsgo.com/

FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news channel for 18 consecutive years. According to a 2020 Brand Keys Consumer Loyalty Engagement Index report, FOX News is the top brand in the country for morning and evening news coverage. A 2019 Suffolk University poll named FOX News as the most trusted source for television news or commentary, while a 2019 Brand Keys Emotion Engagement Analysis survey found that FOX News was the most trusted cable news brand. A 2017 Gallup/Knight Foundation survey also found that among Americans who could name an objective news source, FOX News was the top-cited outlet. Owned by FOX Corporation, FNC is available in nearly 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre.

Watch full episodes of your favorite shows
The Five: http://video.foxnews.com/playlist/longform-the-five/
Special Report with Bret Baier: http://video.foxnews.com/playlist/longform-special-report/
Fox News Primetime: https://video.foxnews.com/playlist/on-air-fox-news-primetime/
Tucker Carlson Tonight: http://video.foxnews.com/playlist/longform-tucker-carlson-tonight/
Hannity: http://video.foxnews.com/playlist/longform-hannity/
The Ingraham Angle: http://video.foxnews.com/playlist/longform-the-ingraham-angle/
Fox News @ Night: http://video.foxnews.com/playlist/longform-fox-news-night/

Follow Fox News on Facebook: https://www.facebook.com/FoxNews/
Follow Fox News on Twitter: https://twitter.com/FoxNews/
Follow Fox News on Instagram: https://www.instagram.com/foxnews/

Transcript

IN A SWEAT SHIRT. OKAY NOW! MACRO MAIVEN JOINS US TO UNTANGLE THE MESS. YOU ARE ONE OF THE GREAT PEOPLE WHO CALLED THIS EARLY AND SAID THEY WILL BE TRAGIC IN DISTORTING FACTS OF FLOODING THE AMERICAN ECONOMY WITH FAKE MONEY FROM THE FEDERAL RESERVE.

I THINK YOU WERE RIGHT. >> YEAH. WELL, IT WAS HARDLY A RADICAL CONCLUSION TO DRAW WHEN YOU SLATHER ON LAYERS OF DEBT ON AN ECONOMY AND ENCOURAGE PEOPLE TO TAKE RECKLESS RISK AND THEN YOU RATCHET UP INTEREST RATES AT THE FASTEST RATE IN HISTORY.

GOD KNOWS THE SURPRISE IS THAT IT TOOK THIS LONG FOR THE BODIES TO FLOAT TO THE SURFACE. HONESTLY, TUCKER, THE SINKING THING IS PARTICULARLY REMARKABLE BECAUSE OF THE LEVEL OF IMPUNITY THAT THE BANKS EVIDENCED. YOU TALKED ABOUT THIS WHOLE DIVERSITY EQUITY INCLUSION AND

THE WOKE AGENDA AND THIS IDEA THAT BANKING DOESN’T NEED TO BE BORING. USED TO WANT TO GET AWAY FROM THE BANKER AT THE COCKTAIL PARTY. NOW HE’S THROWING CONFETTI AND HE HAS A LAMP SHADE ON HIS HEAD AND IS THE LIFE OF THE PARTY.

THE REALITY IS THESE PROBLEMS AT SILICON VALLEY BANK AND SIGNATURE, THEIR PURSUIT OF THESE WOKE AGENDAS MAY MAKE THEM, LET’S HOPE, EXCEPTIONAL. HOPEFULLY, THESE IDEAS AREN’T PERVASIVE TO THE ENTIRE BANKING SECTOR ALTHOUGH THEY VERY WELL MAY BE. ULTIMATELY THE ENTIRE BANKING SECTOR DID THE SAME THING.

THAT IS THEY WATCHED THEIR DEPOSIT BASE WITHER OVER THE LAST 12 MONTHS WHILE THE FED WAS RAISING INTEREST RATES. PEOPLE LIKE YOU AND ME LOOKED AT IT AND SAID, WHY AM I PUTTING MY MONEY IN THE BANK AND GETTING ZERO WHEN I CAN BUY A TREASURY

BILL AND GET 3%, 4%, 5%. THEIR DEPOSIT BASE WAS SHRINKING AT THE SAME TIME ALL THOSE ASSETS THAT THEY HELD THAT YOU TALKED ABOUT LAST NIGHT, THE TREASURIES AND WHATNOT, WERE DECLINING IN VALUE. AND THEY SAT THERE AND DID NOTHING ABOUT IT, TUCKER.

THEY DIDN’T JUST DO THAT FOR ONE MONTH OR TWO MONTHS WHICH MIGHT BE EXCUSABLE. BUT SIX, NINE MONTHS GO BY AND THE PROBLEMS ARE GETTING WORSE AND WORSE AND THEY DID NOTHING. WHY DID THEY DO NOTHING? BECAUSE THEY KNEW ALL ALONG WHEN THIS DATE CAME, THE BAILOUT

WOULD BE THERE FOR THEM. SO THE IMPUNITY OF THIS BANKING SYSTEM IS BEYOND. THEY’VE BEEN TAUGHT THERE ARE NO CONSEQUENCES FROM MISMANAGEMENT AND THIS RIDICULOUS, YOU KNOW, WOKE PRIORITIES. WHEN SOMEONE COMES IN AND PRESENTS A BUSINESS IDEA AND WANTS A LOAN, YOU SHOULD BE

LOOKING AT WHETHER IT’S A VIABLE BUSINESS MODEL, NOT WHETHER IT’S SOME SWEATY TEENAGER IN A HOODIE WITH SOME HAIR BRAINED SCHEME THAT YOU CAN THROW MONEY AT WITHOUT CONSEQUENCE. THIS IS WHERE WE ARE. SADLY, I THINK WE’RE JUST AT THE BEGINNING OF THIS BECAUSE THE

COMPANIES THAT SVB AND THESE OTHER BANKS LENGTH MONEY TO ARE ALL GOING TO GO BELLY UP JUST LIKE THE CLIENTS OF SVB STARTED TO DO. >> Tucker: HOPEFULLY, THEY’LL SPARE US THE MORAL LECTURE. THEY PAY HALF THE TA

source

RELATED ARTICLES

32 COMMENTS

  1. It is the banks fault they aren't paying people to put theyer money in the banks anymore literally inflation is out pacing banking interest rate and bonds so why hold onto money.

  2. ITS TIME PEOPLE, DEM OR REP CITIZENS DO YOU APPROVE OF ANYONE STEALING FROM YOU THAT WORKS FOR YOU!? NO YOU DONT! SO WE NEED TO INVESTIGATE, FIRE AND JAIL ANYONE WHO STOLE FROM US! EVERY LAST PERSON THAT WORKS FOR THE TAX PAYER, MEANING ANYONE!. I DONT CARE IF YOU ARE A JANITOR TO THE PART TIME SCHOOL TEACHERS, BANKS, ANYTGING BACKED BY TGE GOVERNMENT! YOU ALL NEED YEARLY INVESTIGATIONS TO SEE IF YOU ARE DOING YOUR JOB OR STEALING FROM THE TAX PAYER LIKE NOT WORKING WHEN YOU SHOULD BE, ON YOUR CELL PHONE HALF THE DAY, ALL THE THINGS I CANT DP AND EVERYONE ELSE NOT WORKING FOR THE STATE OR GOVERNMENT! NO MORE CAREER JOBS FOR ANYONE IN POWER, YOU CAN SERVE 2 FOUR YEAR TERMS AND IF YOU LIE TO THE PEOPLE YOU LOOSE YOUR JOB! YOU TYRANNICAL CRIMINALS WORKING IN ALL JOBS FOR STATE AND GOVERNMENT WANT TO TIGHTEN THE BELT ON OUR LAWS THEN WE ARE GOING TO DO IT WITH YOUR JOBS! OH AND IF YOU ARE 65 YOU ARE DONE! RETIRED! NO MORE CRIPPLE MORON IDIOTS PASSING LAWS AT THE OLD AZZ AGE OF 70 AND YOU CANT EVEN DRIVE YOURSELF TO WORK AND YOUR PASSING LAWS!? NO MORE! IF YOU ARE 62 YOU CAN NOT RUN FOR PRESIDENT! BECAUSE YOU WILL BE 66 SO NO! SAME WITH JUDGES EVERYONE IN POWER, 2 GOUR YEAR TERMS AND WE THE PEOPLE CAN VOTE YOU OUT ANYTIME AND IF THERE IS A CRIME AND YOU CHARGE ONE PERSON AND NOT ANOTHER YOU GO TO JAIL! WE ARE TIRED OF YOUR PREJUDICE AGAINST CERTAIN PEOPLE OR PARTIES! WHATS LAW IS LAW, WE WILL NOT DEAL WITH YOU CRIMINALS ANYMORE! YEARLY INVESTIGATIONS BY THE PUBLIC AND THEY GET CHOSEN BY VOTES. OH AND ALL CITIZENS CAN ACCESS ANY VOTING INFO FOR ANYTHING!! OH I HAVE LISTS OF LAWS FOR YOU IDIOTS! IF YOU COMMIT A CRIME ITS MINIMUM 2 YEARS FEDERAL PRISON NO MATTER THE CRIME! THE JOBS FOR ANY STATE OR GOVERNMENT IS A PRIVILEGE! JUST LIKE OUR DRIVERS LICENSE IS! KEEP A EYE ME, I WILL BE STARTING MY OWN YOURTUBE CHANNEL GOING OUT AND INVESTIGATING THESE CRIMINALS MYSELF! IM RETIRED AND FULL OF ENERGY! LOOK STATE AND GOVERNMENT JOBS, IM GOING TO CATCH YOU!

  3. Dis she explain it was because his big mouth and lies gave Trump the chance to stop the country of regulations , No l thought not shut this money hungry sell out up , sack him

  4. Who can you believe certainly not you Tucker your such a paid and bought for liar. You have No credibility left , neither does your show or anyone on it. Fox News lol hack

  5. Good bankers do not go to parties. They go home and go to bed to rest up for the next day of craziness getting people out of getting scammed and all the other duties they have to take care of…..well if they are real bankers anyways.

  6. Woke go broke 😁🤣🤣🤣😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂👍👍👍👍👍👍👍👍👍👍👍👍🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲💲💲💵💵😆😆😆😆😆😆

  7. Wouldn't it be entertaining to see Sec Yellen & Stephanie Pomboy discuss "how in the hell did we get where we are today" under Biden's reign?

  8. Trumps fault once again!!!! Deregulation!!! So he could make more money 😂😂😂😂😂

    Put the blame where it deserves. Fox is all about disinformation lying and fear. Stupi

  9. No you obviously don’t understand deregulations!!!

    trump deregulated duh!
    Trump did so much damage to our country!!!!
    Karma is coming to him now.
    Train crash banks failing! Omg!!

    The indictments can’t come fast enough

  10. So, the 90+% depositors at SVB whose balance was over $250,000 are going to be bailed out so they can once again give big donations to the Dems in 2024. What a deal!

  11. >Economist warns Tucker why more banks could ‘go belly up’

    Then again, they likely won't.

    But righties love fearp0rn, and REALLY REALLY want you afraid and to panic, and rush banks needlessly, because Biden is president, and as long as it makes him look bad, what's a little pain on the general public, amirite?

  12. This is money laundering of the worst kind . Silicon Valley Bank contributed more than 70 million to BLM and other Marxist organizations , and now the public is forced to bail them out . 😡

Comments are closed.

Most Popular