The Repo Market - Pawn Shop for Banks - Darryl Schoon #4531
Oct 16, 2019 ·
38m 20s
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Description
Let’s face it, the global financial system is now receiving home hospice care, compliments of the Federal Reserve. With the implosion of the Repo Market, the Fed has been trying...
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Let’s face it, the global financial system is now receiving home hospice care, compliments of the Federal Reserve. With the implosion of the Repo Market, the Fed has been trying to keep the lid on a pot that wants to boil over. Could this be a repeat performance of 2008-09. Darry and I agree that there’s probably one or more banks around the globe that have either failed or failing. What's happening now is strikingly similar to what happened then. Now we're all a decade wiser and understand the game better. It would benefit you greatly to understand it as well.
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Author | Kerry Lutz |
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