BIS Drops a Bombshell: Four U.S. Mega Banks Are Core of Repo Loan Crisis | WHAT REALLY HAPPENED

BIS Drops a Bombshell: Four U.S. Mega Banks Are Core of Repo Loan Crisis

Yesterday, the Bank for International Settlements (BIS) dropped a bombshell report that torpedoed the Federal Reserve’s official narrative on what has caused the overnight lending market (repo loan market) on Wall Street to seize up since September 17, leading to more than $3 trillion in cumulative loans from the New York Fed as lender of last resort.

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