Recent comments in /f/wallstreetbets

VisualMod t1_jdxbjx4 wrote

>The Chinese economy is definitely a big question mark, but I think the Western economies are in for a bit of trouble regardless. If interest rates rise too much, it could cause problems for borrowers and send shockwaves through the financial system. Alternatively, if there's more turmoil in the banking sector, that could also lead to a decrease in demand for oil. So either way, I think oil prices are likely to come down over the next year or so.

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xmustangxx t1_jdx8w7j wrote

I wouldn’t know where to start. “Banks whole business is borrowing money”? Wtf? Banks are in the business of lending money. You’re really blurring the lines between govt and banks. “The government needs to pay higher rates to borrow money”? Where? In the US where there was still demand for treasury bonds at negative rates? “The government is printing money to help banks”?? No M2 has been shrinking and the funds within the fdic has bailed out depositors. The whole thing is a confusing jumble of misinformation. If you turned this in as a high school Econ project I would give you an F.

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