It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Sunday, September 22, 2019

These Are The Banks Where The Fed's $1.4 Trillion In Reserves Are Parked

https://www.zerohedge.com/markets/these-are-banks-where-feds-14-trillion-reserves-are-parked

In any event, if Williams really wants to find out why banks failed to step in and prevent last week's repocalypse, he should start with the banks that are laid out in the chart above- and maybe he should focus first and foremost on the foreign banks that currently have $521 billion in cash parked at the Fed, on which they - the foreign banks - are collecting 1.80% in annual interest.

You my dear tax payer, bailed out FOREIGN banks and you get the bill..read that again..

A liquidity event is coming rest assured.

No comments:

Post a Comment