More truth about the 2019 Repo Madness Bailouts:
The real number was over $19 trillion in bailouts?
The Fed also bailed out a Japanese investment bank, Nomura Securities, for almost $4 trillion back in 2019 because the Japanese bank borrowed from repo to make leveraged bets on bonds, OTC derivatives, etc and then could not pay back its loans from repo.
Tuesday, January 25, 2022
2019 Repo Madness Bailouts Were Over $19 Trillion? The Fed Bailed Out Japanese Banks For Trillions?
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