Thursday, September 26, 2019

Banking Crisis 'Getting Worse' as Fed Loses Control: $400 Billion Already Given Out, $75 Billion a Day Has Now Gone to $100+ Billion a Day

Posting for GeorgeEaton:



This repo overnight loan system by the Federal Reserve to prop up banks is slated to be ongoing for a month! One night the requests were $190 billion.

As the economy slides downward this liquidity problem is only going to get worse. This is what preceded the 2008 "Great Recession."



https://www.rumormillnews.com/cgi-bin/forum.cgi?read=132202

No comments:

Post a Comment