☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 9 months agoThe $34 trillion mountain of national debt is a 'boiling frog' situation for the US economy, JPMorgan warnswww.businessinsider.comexternal-linkmessage-square16fedilinkarrow-up113
arrow-up113external-linkThe $34 trillion mountain of national debt is a 'boiling frog' situation for the US economy, JPMorgan warnswww.businessinsider.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 9 months agomessage-square16fedilink
minus-squaredavel [he/him]@lemmy.mllinkfedilinkEnglisharrow-up1·9 months agoI 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/