Comment by kikokikokiko

And what happens if these impairments start to gradually become more and more realized losses, as their due dates come? I can't see the FED making a 180 anytime soon, in fact I've been buying treasuries for the most part. Everybody in the world may want (and need) lower rates, but it's like fighting against the sunrise, if it's time for it it's time and that's it. What will happen when it's not Heartland Bank from Bumf*ck Arkansas that is going under from betting on the wrong macroeconomic path, but let's say, Bank of America? Would the other banks have the cash to bail this one out? Or will the FED in the end have to print piles and piles of colored paper, raising inflation and then having to raise rates, bla bla bla. It's going to be interesting to see what happens in the next few years.