The Federal Reserve is losing $758 million PER DAY paying interest to commercial banks on reverse repos and interest on reserves. The losses just reached $100 Billion with a B.
Before all of these wild games started, the Fed would send it's profits to the US Treasury each year. It was usually a few billion $$$ per year.
But now the Fed has massive paper losses on their bond portfolio and massive daily losses on the money it has to pay to commercial banks to keep the system from falling apart.
Sadio Manรฉ in his village:
โถ Built a school worth โฌ270,000.
โถ Built a hospital worth โฌ530,000.
โถ Gives each family โฌ70 monthly.
โถ Provides free clothes to kids.
โถ Access to the 4G network thanks to his partnership with Orange.
โถ Gas station through Oryx Senegal soon.โค๏ธ
@zerohedge Looks like Russia have a good relationship with India.
Russia is China's ally.
China and India have conflict.
Who's playing who? Can someone tell me what's really going on?
Ukrainian President Volodymyr Zelenskiy on Friday posted a video of himself alongside other Ukrainian officials in the governmental district of Kyiv, confirming that he is still in the capital https://t.co/04sgln6TqT
Ukrainian woman confronts Russian soldiers in Henychesk, Kherson region. Asks them why they came to our land and urges to put sunflower seeds in their pockets [so that flowers would grow when they die on the Ukrainian land]