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