Anyone who follows the Repo market in the USA will have seen the catastrophic rise in funds available.
From memory 20 years ago the figure was in the region of $34 million
Year 2020 funds needed were $500 billion, now the figure is $4 trillion, plus this was set up as an overnight facility but has now moved to the never, never plan
Briefly - The repo market is a facility set up by the USA Fed. to enable the major Banks to balance their books overnight and cover late payments into the bank
This stops the banks from becoming legally insolvent IE bankrupt !!
Reports that I have read say that six major US banks are on a knife edge at this time, going by the above figures some banks should have already closed
