Key data shows the situation is critical and it keeps coming in worse, not better.
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81 views • June 12, 2023

Crisis borrowing at the Fed's emergency BTFP surged this week to a new high as #bankingcrisis grows critical. We're seeing more and more signs of serious #creditcrunch which, if it continues like this, won't take long to imperil more markets and the general #economy. #recession Eurodollar University's weekly conversation

w/Steve Van Metre

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