April 28, 2024

Carney on ‘Kudlow’: Expect More Banks to Fail Due to Years of Low Interest Lending

First Republic won’t be the last bank to fail, Breitbart Economics Editor John Carney warned Fox Business host Larry Kudlow in an interview Monday following JPMorgan Chase’s acquisition of the failed bank. “All of the banks that expanded their balance sheets extremely large during our zero percent era are now running into big problems,” Carney

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