WILL AND CAN THE SWP (GB) CHANGE IN THE LIGHT OF LEXIT

4 Responses to WILL AND CAN THE SWP (GB) CHANGE IN THE LIGHT OF LEXIT

1. Cameron says:

   September 18, 2019 at 3:52 am

   Thanks for another interesting and informative post.

   “No doubt tens of billions in speculative “capital” was destroyed”.
   My guess is that losses amounted to “at least” $53 billions which is the amount the NY Fed pumped via Repo on Tuesday (today). This liquidity panic was one of the aftershocks of the Quant Quake 2.0. Overnight general collateral repo exploded to funding rate of 10%. Fictitious capital destruction. The next credit crunch in the making? For now the Fed managed to bail out. What’s next?

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   • Cameron says:

     September 18, 2019 at 3:54 am

     Sorry the comment was meant for the previous post. Please correct. Thanks.

     Reply
2. ucanbpolitical says:

   September 18, 2019 at 10:44 am

   I pasted it to the correct posting.

   Reply
3. Peachy Essay says:

   September 30, 2019 at 7:28 pm

   Let’s see if the EU establishment allows Brexit to happen. Then we can talk about Lexit.

   Reply