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Tuesday, January 26, 2016
THE FED AT NEAR BREAKING POINT?
This is a section of the Fed's Balance Sheet. look at the Total Liabilities vs Capital. The Fed is leveraged 112.6 to 1.0! Several months ago it was just 77.0 to 1.0!
The Fed is almost broke!
There is also an issue of US$19.5B being siphoned off its surplus. Apparently to fund spending after Congress and Senate reached an agreement on the budget (Source: King World News).
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