Last month: Really Scary Fed Charts: JUNE, ‘Just’ 1% of GDP NowThis month: Things got a little worse….
The really big question is: Just how long can the Fed keep doing this?
Take a close look at the Federal Reserve Balance sheet here.
Maiden Lane LLC is the product of the Bear Stearn’s bailout and is worth $29 billion. A good chunk of that will be lost. No doubt about that.
Outstanding debt on the Term Auction Facility (TAF) is now $150 billion and climbing.
Related Posts:
TAF, TSLF, PDCF Explained.
Fact Sheet: Bush Stimulus Package
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18 comments:
great blog. thank you.
i thought they had 800 bn
so stil 690 to go is it not?
How can gold be down on such scary charts?
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