Sunday, October 6, 2019

REPOs

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

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