/biz/ - Business & Finance

Anonymous Wed Apr 29 15:24:51 2020 No.18760637 [View]
File: 50 KB, 480x480, IMG_20200420_230950.jpg [View same] [iqdb] [saucenao] [google]

>>18760033

He says this because it is not self-evident and he has fear.

The buying of corporate bonds is done by an SPV funded by the Treasury. Fed just provides leverage.

They may run out of money literally. If they do bonds may default causing losses to the SPV. Imagine Congress authorising more for the SPV after half trillon losses.

If I were Warren Buffett I would market sell and crash the thing. Like Soros crashed the Bank of England

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