☆ Yσɠƚԋσʂ ☆MtoUnited States | News & Politics@lemmy.mlEnglish·9 months agoThe $34 trillion mountain of national debt is a 'boiling frog' situation for the US economy, JPMorgan warns(www.businessinsider.com)external-linkarrow-up11arrow-down10message-square21fedilink
arrow-up11arrow-down1external-linkThe $34 trillion mountain of national debt is a 'boiling frog' situation for the US economy, JPMorgan warns(www.businessinsider.com)☆ Yσɠƚԋσʂ ☆MtoUnited States | News & Politics@lemmy.mlEnglish·9 months agomessage-square21fedilink
minus-squaredavelEnglisharrow-up0arrow-down0·9 months agolinkfedilinkI think this is the QE hat trick currently in play to rescue banks: https://longviewfa.com/how-the-banking-failures-unfolded/ A new facility that was enacted by the Treasury will provide help to these banks by allowing them to place these underwater bonds at the Federal Reserve at full price.
I think this is the QE hat trick currently in play to rescue banks: https://longviewfa.com/how-the-banking-failures-unfolded/