Think This Can't Happen Here?
Posted 08-14-2018 at 07:22 AM by jdhpa
Quote:
Originally Posted by lchoro
They're almost all t-bills. The margin requirements for short-term bills are nil for banks and other financial institutions. It is almost the same as printing money in the short-term. That's one of the reasons for the Euro sovereign debt crisis erupted in 2011 and 2012 and the mortgage debt crisis in 2008. The banks' holdings were 100% financed with debt or nearly 100% in the case of MBS.
Interesting article on the rigged bond market
https://www.theepochtimes.com/the-ru...e_2600435.html
Interesting article on the rigged bond market
https://www.theepochtimes.com/the-ru...e_2600435.html
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