from Financial Survival Network
John Rubino is back… Debt keeps on increasing at increasing rates. That should be good news for the repo market. And yet, Fed’s Repo man is in a quandary. How could chaos reign in a stodgy market that’s been around since 1917. The premise is simple. Buy securities to loosen liquidity. Sell securities to tighten liquidity. But Houston, we have a problem. This market broke down and no one has really explained why. That’s what happens in an over indebted society. Markets breakdown, almost at random.
Click Here to Listen to the Audio
Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.
from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/2lwxPhb
