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The last seasonal low point for liquidity unleashed the first wave of the banking crisis.
The global #dollar system is at its weakest point at these specific calendar spots, most susceptible to #collateral problems causing #deflation in #money. With the #bank crisis still raging under the surface, we're going to take a deeper look inside the shadows to see if we can find some answers here.
Eurodollar University's Money & Macro Analysis
OFR: Why Is So Much Repo Not Centrally Cleared?
https://www.financialresearch.gov/briefs/files/OFRBrief_23-01_Why-Is-So-Much-Repo-Not-Centrally-Cleared.pdf
Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university…
The skinny
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