Warren Buffett is brought in to save the US banking system

March 24 2023 7

One of the largest American investors, Warren Buffett, is negotiating with the White House to save the situation in the banking sector. This was reported by Bloomberg.

According to the publication, the businessman can take a number of steps that can bring the American banking system out of the crisis. Washington decided to involve Buffett and his company Berkshire Hathaway to buy stakes in regional banks suffering from the situation in the economy.

The fact is that on the eve of the increase in the key rate in the United States and the inclusion of the printing press, inflation may rise, and the authorities are interested in attracting some kind of financial reducer for large-scale and controlled injections into the banking sector.

At the same time, Warren Buffett is known for his investments in undervalued assets. The businessman is the largest shareholder of Bank of America, JPMorgan Chase, Wells Fargo, Goldman Sachs, US Bancorp and Bank of New York, and also owns controlling stakes in several other banks.

The entrepreneur himself justifies his decision to invest in regional banks with the opportunity to capitalize on a fallen market by buying back shares and distributing them among Berkshire Hathaway shareholders by converting them into shares of the parent company. At the same time, part of the liquidity received from the Fed will be used to pay dividends to shareholders.

As a result of such actions, the banking system will become more centralized, which in the future will facilitate the introduction of digital currency into circulation. Along with this, the global economic system linked to the dollar will remain.

Information

Dear reader, to leave comments on the publication, you must sign in.

Vladimir Tuzakov

+3

24 March 2023 16: 56

W. Buffett is a speculator, yes, a savior, no. And that in the end, huge blocks of empty bank shares will turn U . Buffett into a beggar and beggar Fed. So it was conceived, to substitute a straw, -U. Buffett under the cracked banking pyramid, and the search for other straws sinking at the same time the dollar.
Irek

+3

24 March 2023 17: 05
You yourself did everything to turn the dollar into ....

The seizure of our assets and the seizure of private property launched this irrevocable process.
1_2

+3

24 March 2023 17: 06

the MMM pyramid cannot be saved, it will have to be brought down by declaring the bucks (tickets of the Fed's private office) invalid. and the bucks will be exchanged for new candy wrappers (the old office under a new sign), only for US citizens. only after this kidka, it will be necessary to force the Yankees to sell goods (resources, etc.) for new US candy wrappers. you sell the goods to the Yankees for a new candy wrapper or the Yankees will take the goods by force, which in fact they have already done more than once. US "debts" are reset to zero and the printed debt pyramid is restarted on a new one
In passing

+2

24 March 2023 19: 45

The rate has already been raised. Officially, 300 lard were printed. Buffett is taken with a crutch to support from the other side. Well, while the negotiations, he also needs guarantees. I am for the process to go slowly, and at least somehow controlled. But he walked. The markets are getting out of hand, the food market is already starting to "dance". And the oil industry is already there, at the "disco". We'll see.
Jacques sekavar

0

24 March 2023 20: 00

If Buffett is the largest shareholder, that is, the actual owner of Bank of America, JPMorgan Chase, Wells Fargo, Goldman Sachs, US Bancorp and Bank of New York, which are shareholders of the US Federal Reserve, then it turns out that this uncle represents the so-called. world government.
This then explains the appeal to him for help. Such a person can really take some steps that can bring out of the crisis not only the US banking system, but the entire global financial system based on US banknotes.
zuuukoo

0

24 March 2023 22: 04

Well, in the end, not only in our country, in difficult times, the government requires "social responsibility" from business.
In fact, he is asked to gut the stash (and not only personal, but also the fund's investors) to inject the dough into distressed assets.

Z. Y. : I wouldn't be surprised if he is far from the only one who has received such offers.
Z. Y. 2: there is an opinion that such offers are one of those that cannot be refused.
1. In passing
  
  0
  
  25 March 2023 15: 34
  
  Second. The Americans have long adopted a law according to which any private, personal property can be taken into federal ownership. I haven't heard of the application yet. Here's the gentleman's option.