Q&A #185
What was going on with European shadow bailout of shadow banks? Where does money come from? Is it reserves or deposits? Given latest in repo, what are the next steps? Is this the start of some crash? Are longer-term Treasuries setting up for a rally? Why does Jeff think the US invaded Iraq and intervened in Libya? Is there a concern over banks or non-banks being short physical silver? Is oil destined to keep falling, even w/Venezuela? Any chance Jeff is wrong about rates given short run charts seem against lower yields? Are euro loans de-risking a boost to euro banks? Might dealers use QE (or something else) to try to maneuver around garbage loans? Why are central bankers suddenly OK with the economy losing tens of thousands of jobs?