Wall St. For Main St., Released on 1/25/22
More truth about the 2019 Repo Madness Bailouts: The real number was over $19 trillion in bailouts? The Fed also bailed out a Japanese investment bank, Nomura Securities, for almost $4 trillion back in 2019 because the Japanese bank borrowed from repo to make leveraged bets on bonds, OTC derivatives, etc and then could not pay back its loans from repo?
A Nomura Document May Shed Light on the Repo Blowup and Fed Bailout of the Gang of Six in 2019 https://wallstreetonparade.com/2022/0…
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Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.