Red Pill Politics with Dave Kopacz, March 3, 2024 Hour 2

RBN
By RBN March 3, 2024 15:42
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  1. D March 3, 22:38

    https://www.zerohedge.com/markets/us-bank-crisis-looms-deposit-outflows-accelerated-last-week-loan-volumes-stagnate

    The bottom line is – this looks a lot like a ‘Small Bank’ crisis. The last time this happened, the crisis sparked a sudden $300BN ‘run’ in small bank deposits (this time it’s bigger!).

    Is The Fed ‘hoping’ for a controlled bank-run this time – so as many small bank deposits are drained voluntarily, before they are drained all at once in a panic (and the Reverse Repo facility is empty, unable to provide any cushion)?

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