'For a sense of just how much money has evaporated from the #crypto industry since then, look to bitcoin. On October 6, the price of a single #bitcoin climbed to an all-time high north of $126,000; today, its value is closer to $69,000. The global market capitalization of all coins has shed more than $2 trillion in that time... Commentators have now started to wonder whether the president, who has spent the past two years positioning himself as the industry’s protector and hype man, might initiate a crypto bailout.

But wasn’t #Trump’s election already a kind of #bailout? His explicit promise on the campaign trail was that America would lead the way, but his implicit promise was that prices would go up.'

---

'President Coolidge neither knew nor cared what was going on. A few days before leaving office in 1929, he cheerily observed that things were “absolutely sound” and that stocks were “cheap at current prices.”'

from The Great Crash 1929, by #JohnKennethGalbraith

https://www.theatlantic.com/newsletters/2026/02/trump-crypto-market-crash/685959/

#Trump #DonaldTrump #Bankruptcy #USA #Business #Finance #President #America #America #YouTube #USPol #Politics #Republican #Republicans #UnitedStates #Banks #Banking #Bailout
Here it is… the archive interview we’ve all been waiting for. Trump, the great businessman, on the verge of bankruptcy…

https://youtube.com/shorts/nMUsZaGK2tg?si=QUGyYM5pUVzsrxW4

Credit Suisse bagholders deserve nothing

https://peertube.gravitywell.xyz/w/qSPMb7ergJCZXot8dhcoX5

"The Federal Reserve has quietly delivered nearly half a trillion dollars to Wall Street with few strings attached over the past few months through an obscure government financial program intended for banks struggling to make cash payments.
These cash infusions could signal instability in the broader financial sector — and come as the central bank is besieged by potentially market-rattling turmoil following the Trump administration’s launch of a criminal investigation into Federal Reserve Chair Jerome Powell.

The New York Federal Reserve, a regional branch of the larger central bank that works to maintain the country’s financial stability, kicked off the new year by dumping nearly $97 billion into the banking sector since Dec. 31, 2025.

The move is the latest in a series of major cash transfers the New York Federal Reserve has recently delivered to Wall Street.
The infusions began with an $11 billion transfer on June 30. In October, the transfers became much more frequent, culminating in a massive $50 billion infusion on Halloween, as first reported by investigative news outlet DCReport. In total, after doling out little to no money since July 2020, the New York Federal Reserve has transferred more than $420 billion to Wall Street in the past seven months — a record amount from the program.

For comparison, that lump sum is nearly equivalent to the pot of money that Congress passed to bail out the banks during the 2008 financial crisis under the Troubled Asset Relief Program."

https://www.levernews.com/the-federal-reserves-420-billion-wall-street-bailout/

#USA #Trump #Economy #FederalReserve #FED #WallStreet #Banks #BailOut

The math is totally mathin' here.

#TrumpTariffs #bailout #farmers