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This Wasn’t Supposed To Happen: One Day After Fed Rate Cut, Repos Signal Record Liquidity Shortage

This Wasn’t Supposed To Happen: One Day After Fed Rate Cut, Repos Signal Record Liquidity Shortage Yesterday morning, when we discussed the sudden spike in liquidity shortage that resulted in both a (record) oversubscribed term repo and the first oversubscribed overnight repo since the start of the repo crisis, we said that “if going solely by the […]

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Interbank Rates Starting to Rise – Monetary Crisis is Beginning

Interbank Rates Starting to Rise – Monetary Crisis is Beginning   Extremely reliable sources from Behind the Curtain in Europe are becoming deeply concerned that Draghi at the ECB has created a monumental economic disaster he is just praying to holding off until he leaves next year. Interest rates are already starting to rise significantly in […]

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Interbank Market Collapsing

Interbank Market Collapsing QUESTION: Mr. Armstrong; Has interbank lending collapse due to a lack of confidence concerning counter-party risk? Thank you for being a rare source with experience ER ANSWER: Yes that is a correct statement. The failure of Lehman and Bear Sterns was the result of interbank lending when they could not make good on […]

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Lynette Zang: ‘The CRIMINAL BANKS Know Something Is VERY WRONG’

Lynette Zang: ‘The CRIMINAL BANKS Know Something Is VERY WRONG’ Lynette Zang from ITM Trading recently joined the SGT Report to discuss the economy, precious metals, and the disastrous storm that’s brewing. According to Zang, the criminal banks have stopped lending to each other because they know something is very wrong with the economy. The interview […]

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Interbank Loan Series Update: Message From “Fred”

Interbank Loan Series Update: Message From “Fred” Lots of people, including me, were wondering what happened with interbank loans. The series is now discontinued. This post is in reference to my previous article Plunge in Interbank Lending: The Straw that Broke the Fed’s Back. Here is an email a reader Andy sent from the Fred […]

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Plunge in Interbank Lending: The Straw that Broke the Fed’s Back

Plunge in Interbank Lending: The Straw that Broke the Fed’s Back Interbank lending took a historic dive. Readers ask “What’s happening?” Let’s investigate. Interbank Lending Long Term The plunge in interbank lending is both sudden and dramatic. What’s going on? Fed Tightening Two Ways The short answer is a straw broke the Fed’s back. A […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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