Key Data Shows The Situation Is Critical And It Keeps Coming In Worse, Not Better

Crisis borrowing at the Fed's emergency BTFP surged this week to a new high as the banking crisis grows critical.

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Crisis borrowing at the Fed's emergency BTFP surged this week to a new high as the banking crisis grows critical. We're seeing more and more signs of a serious credit crunch which, if it continues like this, won't take long to imperil more markets and the general economy.

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