Don’t Sell US Treasuries! Fed Offers Global Repo Madness To Many Central Banks For At Least 6 Months
- WallStForMainSt
Another day, another bailout continues! This time it’s the Fed offering global #RepoMadness to any central bank on the globe as long as they don’t dump their US Treasuries to raise cash to help their own struggling economies. Fed Launches Repo Facility To Provide Dollars To Foreign Central Bank https://www.zerohedge.com/markets/fed…
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Rumors are swirling that Norway’s $950 billion sovereign wealth fund is about to start liquidating assets now as their government cannot meet its budget thanks to much lower than expected oil prices. https://www.bloomberg.com/news/articl…
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Russia has also sold about $30 billion of assets recently from their reserves to cover government budget shortfalls thanks to oil prices crashing since the first week of January 2020. President Trump, Nancy Pelosi and Congress are already planning the next rounds of stimulus!
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1) Trump Calls For $2T Infrastructure Package In Phase 4 Stimulus https://www.zerohedge.com/political/t…
2) Hospitals Burn Through Cash While Congress Weighs Next Stimulus https://www.newsmax.com/finance/stree…
3) Democrats Want Another Coronavirus Aid Bill, Republicans Argue We Should Wait https://www.forbes.com/sites/jackbrew…
4) Nancy Pelosi begins talk of next coronavirus relief bill as she tells House Democrats to ‘recognize the good’ in stimulus https://www.msn.com/en-us/news/politi…
5) Left-Behind Industries Clamor for Billions in Next Stimulus Bill https://news.yahoo.com/industries-mis…
6) Ivanka Trump on $2 trillion coronavirus relief: Our mandate is to ‘swing for the fences’ https://finance.yahoo.com/news/ivanka…
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