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IPFS News Link • Biden-Harris Deep Fake Administration

Biden In Touch With Buffett On Bank Crisis

•, by Tyler Durden

Answer: the worst financial crisis since Lehman.

... Joe Biden, who on Monday lied to the American people that the "our banking system is safe"...

... appears to have changed his mind and is urgently hoping to recreate the zeitgeist surrounding the infamous Oct 16 "Buy American" NYT op-ed by Warren Buffett.

... which ended up being memorable but only after the biggest bailout of US banks and capital markets in history and the start of the neverending QR/ZIRP->bust->QE/ZIRP cycle.

According to Bloomberg, Berkshire's Warren Buffett has been in touch with senior officials in President Joe Biden's administration in recent days as the regional banking crisis goes from bad to worse to Savings And Loan 2.0 (if only America had any savings left).