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Sunday, January 26, 2020

China's Record Setting Repo Madness: Over $300 Billion Dollars in 2 Weeks


While many people are aware of all of the crazy Repo Madness going on in the US with the Federal Reserve, large US banks, primary dealer banks and hedge funds, very few people are aware that China has been ramping up its own repo since January 2019. Things got worse in China after January 2019 when Baoshang Bank was taken over in May 2019 have been escalating since.