/Heresy Financial: Bank Collateral Shortage Going from Bad to Worse

Heresy Financial: Bank Collateral Shortage Going from Bad to Worse

In this video, we look at the connection between what has been going on in the repo market and the upcoming debt ceiling suspension ending. Banks are currently experiencing a severe shortage of collateral, and the problem looks like it is only going to get worse as Congress delays the inevitable – raising the debt ceiling and starting to borrow again.