/biz/ - Business & Finance

>>54120917
Ok so realistically speaking why do you guys still thing GME will work out? What is the proof or timeframe? At this point it's been literally years, what's the end game?

Ok so hear me out. The main issue the banks have been facing is the declining value of their long dated bonds which are HTM because otherwise they're huge unrealized losses. So of the banks getting hit still, despite the black magic from WH/fed, who is holding the most turds the government will not buy? The BTFP is for government securities, so corporate bonds are still fair game, if I get this right. Those bonds are still also shit and it's not like the private sector isn't aware of how interest rates work. Who's next?