Yes very true. Maybe longer back even. The insane liquidity print in 2020 was to cover the about to collapse overnight repo markets & more. Yes it is indeed already here. I suppose my question in post should more so be about the current situation coming to light. The media will label it the 2026 Great Recession but you are correct it is already here.
!BBH
!LADY
!PIZZA
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When the 43 Day Shutdown happened here it really messed up the flow for a lot of people and businesses and a lot of people are admitting they have no buffer. It's Day to Day, Week to Week for a ton of people in the United States and all around the globe.