Post by Bond-Doc

As the Fed continues to raise rates, deposits will keep contracting & force banks to reduce assets & contract credit.

Lastly, the loan portfolio will shrink which is something that normally happens at the end of recessionary periods as bank lending is a lagging indicator.

It will be increasingly difficult for banks as a collective to grow their balance sheets and extend new credit which makes it very challenging for the overall economy to avoid contraction.

Wake the FUCK up. Money printer never went brrrrr. People just wanted to lever up like crazy on lower rates but lower rates are now needed to roll the unproductive debt over. Deflation is coming.