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DetlefK

(16,670 posts)

7. This is exactly how it began in 2008:

Reply to pbmus (Original post)

Tue Sep 17, 2019, 03:03 PM

Sep 2019

One day everything was perfectly normal... And then all of a sudden there was talk how we must immediately pump money into the market or else everything will collapse.

No fore-warning. No slide. One day it was this, next day it was that.

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A $53 billion crack just emerged in the financial markets... [View all] pbmus Sep 2019 OP

Oh shit . . . Iliyah Sep 2019 #1

We are in some deep shit... pbmus Sep 2019 #2

Destroying integrity in our government, in our markets, in our treaties, in our institutions. Midnight Writer Sep 2019 #3

Bingo.. pbmus Sep 2019 #4

Hmmmmm...and largely ignored by most people...$53 billion is a lot of money... SWBTATTReg Sep 2019 #5

Or the money press will crank up even more. KPN Sep 2019 #23

2008... czarjak Sep 2019 #6

This is exactly how it began in 2008: DetlefK Sep 2019 #7

There were plenty of warning signs in 2008 mtngirl47 Sep 2019 #14

Greenscum destroyed our financial stability UpInArms Sep 2019 #15

I dunno about that. There were lots of warnings ... KPN Sep 2019 #24

Yes, it began in spring 2008, but it still seemed to come out of nowhere. DetlefK Sep 2019 #31

That's probably because for those of us listening, KPN Sep 2019 #33

Seems so LONG ago. I actually do not recall. Thanks riversedge Sep 2019 #26

GET-OUT-OF-THE-MARKET Joe Nation Sep 2019 #8

uhh oh rurallib Sep 2019 #9

Ut Oh ! Pepsidog Sep 2019 #10

OP - Please consider an important cross-post in the DU Economy forum category n/t Backseat Driver Sep 2019 #11

This is complete bullshit leftstreet Sep 2019 #12

They who? I am really wondering? Shrike47 Sep 2019 #21

Nah, they're trying to keep the markets climbing.This is all about KPN Sep 2019 #25

The overnight rate is all about liquidity, not overall financial position Amishman Sep 2019 #32

Yep. All of the signs are there. Amimnoch Sep 2019 #13

The last rescue of this kind since 2008? That's strange. The financial markets were in freefall ffr Sep 2019 #16

oh come on. this is very temporary, very technical problem, readily fixed. unblock Sep 2019 #17

Who Determines the Overnight Borrowing Rates? MarcA Sep 2019 #18

Fed funds rate CarlitosMMT Sep 2019 #19

Thank you for explaining this. n/t MarcA Sep 2019 #20

Is this a technical fix ? uponit7771 Sep 2019 #22

Fed announces plans to carry out repo operation for second straight day riversedge Sep 2019 #27

123 billion,oh boy,this is scary. Wellstone ruled Sep 2019 #30

I'm already financially messed up. Lady Freedom Returns Sep 2019 #28

Thank you empedocles Sep 2019 #29

I listened to Delphinus Sep 2019 #34