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Banking Troubles Dead Ahead as Bond Yields Hit New Highs.
Banking Troubles Dead Ahead as Bond Yields Hit New Highs.
#bond #bank #money #interestrates
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Today we will look at why the banking crisis that flared up back in March of 2023 is anything but over.
We are even seeing American Banker magazine pushing for US government intervention with a new TARP 2.0 or Trapped Asset Relief Program!
https://www.americanbanker.com/opinion/u-s-banks-need-tarp-2-0-a-trapped-asset-relief-program#:~:text=The%20objective%20of%20TARP%202.0,to%20them%20at%20the%20time.
With the situation in Israel and Gaza, we could also see the implementation of FASAB-56 which would basically institute secret government spending.
https://www.rollingstone.com/politics/politics-features/secret-government-spending-779959/
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