Did Illiquid Assets Trigger the Repo Crisis?

in dtube •  5 years ago 

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London, Wednesday, January 29th, 2020.

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Thanks again for keeping us informed and educated Maneco64 Yes, it's ironic how nice Silver .999s, Maples, Eagles, Philharmonics, etc... are exactly $20 USD.

Maneco64, where is Gregory Mannarino? I haven't heard anything from him lately.

It's amazing how big companies ceo's are always stating how we should let the private companies take over because the free market will reward and punish. Yet, we constantly see government interference because the general population is at their mercy.

It is certain that when FED withdrew all their liquidity they provide to the REPO market, the global financial system would collapse in a moment whatever the cause of the trouble was.

I may not be at the pay grade most listeners are, as far as Wall Street goes, but listening and following Greg Mannarino, I don’t see the fed raising rates, I don’t see them doing anything, especially after the drop in the market the other day. That alone shows how volatile markets are and how quick things can go bad to worse.
They are stuck pumping this market.