The Controlled Demolition of the U.S. Economy.
Shadow Banks, Dollar Debasement and Basis Trades.
The U.S. economy is headed for financial collapse. Repo market stress. Private credit market liquidity crunch. Subprime lending crisis. Spiraling deficits. Basis trade exposure. Dollar debasement. U.S. states in recession. Oil market contango. Tariff and trade wars. Each of these are like explosive devices hiding in the corners of the economic edifice that is the U.S. economy. And the Federal Reserve just released a shocking paper that exposes the biggest potential threat of all. Explosive devices have been set all around the economy and a new bomb was just uncovered in the most unlikely of places.
Show Notes
Resources
- The Lead Left: Middle Market & Private Credit – 2/10/2025
- Mark Zandi on X
- Axios: 22 states are in a recession or close to it, new analysis finds
- The Fed: The Cross-Border Trail of the Treasury Basis Trade
- FSB: Leverage in Nonbank Financial Intermediation: Final report
- Morningstar: Official data dramatically underestimates hedge funds' involvement in the Treasury market, Fed paper finds
- Federal Reserve Bank of New York: Repo Operations
- Fidelity: Investor behind Zions, Western Alliance bad loans is tied to $270 million in troubled debt
- Car Dealership Guy: Tricolor: The messy collapse of a subprime auto lender explained
- Investopedia: Basis Trading: Definition, How It Works, Example
- The Guardian: What is private credit, and should we be worried by the collapse of US firms?
- OilPrice.com: Oil Market Braces for Contango and Shale Slowdown
UNFTR Quick Links