RE: I know nothing about "reverse repo"... Can some financial guru address this

Aug 6, 2021
1:46:35am

NEight Walk-on

George Gammon Says that reverse repo is a similar manifestation of trouble the way that Lehman Brothers was in 08, just expressed in a different way. The canary in the coal mine.

https://www.youtube.com/watch?v=Wb0GRI2K8CY

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NEight

Bio page: NEight
Joined: Aug 5, 2021
Last login: Apr 2, 2023
Total posts: 9 (0 FO)

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Messages

Author

Time

I know nothing about "reverse repo"... Can some financial guru address this

Borg

8/3/21 10:52pm

It means there is nowhere for banks to invest their cash.

RexIdaCoug

8/3/21 10:57pm

It means we've printed too much freaking cash over the last 10 years.

Manti

8/3/21 11:00pm

10 years? How about 15 months?

RexIdaCoug

8/4/21 6:29am

Oh great, that means they will buy up more homes

wabluecoug

8/3/21 11:00pm

Those banks aren't the ones buying houses. Hedge funds are the ones doing that.

RexIdaCoug

8/4/21 6:31am

FWIW, I've read that 87% of the participants are Money Market Funds

NavyCougar

8/4/21 8:06am

RE: I know nothing about "reverse repo"... Can some financial guru address this

NEight

8/5/21 11:15pm

RE: I know nothing about "reverse repo"... Can some financial guru address this

NEight

8/6/21 1:46am

I just watched this guy's video. He doesn't know what he is talking about.

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