114 According to Zerohedge: According to its own financial statements, just released last month, the Fed’s total unrealized losses are almost $1 TRILLION — $948.4 BILLION to be more precise. And the vast majority of those unrealized losses come from US Treasuries (twitter.com) 💥 BANK COLLAPSE 💥 posted 236 days ago by Excelsior 236 days ago by Excelsior +114 / -0 19 comments share 19 comments share save hide report block hide replies
From the article:
Us debt has to go somewhere.
Nope. Just pile all the debt onto the fed balance sheet and then declare bankruptcy. Problem solved
“Here’s your damn musical chair.”
banker screams in background
(Chair plays It’s a Small World on low fidelity loop)
Yeah, but that "would" is open to question. I don't think they will.
I guess we'll find out.