Who needs economists anymore?
The financial condition of institutions within the US banking system has gone critical, with core assets gone negative. Total deposits held, free of borrowed USFed reserves, have vanished.Full article.
For the individual wanting to break free of the unending sea of collectives and institutions contending for his soul...and more...put together by a Visionary Philosopher, so I've been told. Maybe you want to stay tuned to see if that's true... with notes on The End of the Nation State.
The financial condition of institutions within the US banking system has gone critical, with core assets gone negative. Total deposits held, free of borrowed USFed reserves, have vanished.Full article.
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