https://dailyreckoning.com/108816-2/
For emphasis: The Federal Reserve has extended $6.23 trillion of loans in 29 days. That is equal to $215 billion per day.
If the business goes on at the present rate… the repo bailout will exceed $29 trillion by June.
That is, it will exceed the scale of the 2007–10 Wall Street bailout by June — if you can believe it.
Repo Market
- Tom Mazanec
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- Joined: Sun Sep 21, 2008 12:13 pm
Repo Market
SHARKS (crossed out) MONGEESE (sic) WITH FRICKIN' LASER BEAMS ATTACHED TO THEIR HEADS
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