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Repo fails just exploded, coming in at the highest weekly total since 2022. And this isn’t even year-end. This is mid-December. It’s the flat Beveridge economy that is exposing cracks in the credit markets. And along those lines, we’ve got an update on the Tricolor debacle and how it was actually uncovered that will knock your socks off. But it also does a really good job of explaining why there is so much risk aversion exploding throughout the monetary system.
Video Length: 00:21:24
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