This Is How Financial Crises Actually Start (Repo Fails)
21:41
YouTubeEurodollar University
This Is How Financial Crises Actually Start (Repo Fails)
Repo fails, a measure of collateral flow throughout the entire financial system, soared to more than $300 billion as of the middle of December. It was the highest for any non-quarter end week going back to June 2023. At the same time, borrowing from the Fed’s repo facility is way up again as investors refuse to buy the spin from private ...
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Treating working people like costs to be cut isn't just cruel — it's why the system fails. There is no strong economy without a strong working class. Mr. Potter from “It’s a Wonderful Life” never understood this. | Robert Reich
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