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(CNBC)   The IMF says banks will struggle to be profitable through 2025. WHY ARE YOU LAUGHING? IT COULD HAPPEN   (cnbc.com) divider line
    More: Silly, Economics, test banks' resilience, Global Financial Stability Report, Banks' earnings, economic downturn, Bank, KBW Bank Index, International Monetary Fund  
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140 clicks; posted to Business » on 22 May 2020 at 12:00 PM (2 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



5 Comments     (+0 »)
 
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2020-05-22 12:12:09 PM  
And they should be back to full profitability and screwing the proles over by half past eight in the evening. At the latest.
 
2020-05-22 1:21:16 PM  
Let me guess

So the CC companies banksters own r struggling too???

Right......
 
2020-05-22 1:44:39 PM  
We're laughing because it fills us with joy.
 
2020-05-22 5:00:39 PM  
I cannot think of a single thing less likely to be true.

Less wildly profitable, perhaps.

Not profitable, just farking not gonna happen. That alternate backwards reality story from the other day? That's more likely. It's more likely for us to slip through into that alternate reality.
 
2020-05-22 10:12:41 PM  
It sounds ridiculous, but unless those banks are profitable they can't give you your money back, and won't be to do their job of allocating capital. I can't emphasize just how bad it is when an economy built on debt and interest can no longer make loans.
 
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