All the financial analysts are talking about the Fed's REPO market - which started as loans (against collateral, of course!) to failing banks.
Here, a blogger I don't have much time for (he's not honest) breaks down the Fed's latest releases of 'money', which appear to now be unlimited.
I agree with him that it's all falling apart, just not that it's good guys vs bad guys - this is *ALL* intentional, and by design:
https://www.youtube.com/watch?time_continue=1&v=3eeA8y45GhE
Here are two more articles proving the point that there are failing banks:
https://www.zerohedge.com/geopolitical/5-hong-kong-atms-run-out-cash-central-bank-steps-prevent-panic-among-public
https://www.zerohedge.com/markets/bank-crisis-hits-india-bank-stops-functioning-people-crying-outside-bank-branches
Their objective is massive reduction in numbers.....of humans!
On the other hand, Smaulgld doesn't agree at all that it's as serious:
https://smaulgld.com/fed-repo-operations-much-ado-about-nothing/
And here's one he did just for me!
https://www.youtube.com/watch?v=TFhxJD0UERg
Sunday, October 6, 2019
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