Tens of Trillions of New Debt coming.....which means
negative rates for the world......it's all good!
"Summarizing the above is simple: Pozsar is basically recapping what we said in "The World Is Hit With A $12 Trillion Dollar Margin Call", and explains that to fix this potentially catastrophic margin call, the Fed must grant access to virtually every global entity in need of dollars, including those shadow banks which over the past decade scramble to lever themselves to the gills, fully aware that when the day came, the Fed would bail them out.
That day has arrived, and it Pozsar's proposal is accepted - and in the past everything he has suggested was promptly pursued by the US central bank - it means that the Fed is about to bail out the world."
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