I'm unsure of the veracity of this site, but I clearly remember the repo situation in the US going crazy towards the end of 2019. Why isn't mainstream media covering the details of this huge sum, totalling 4.5 trillion USD, during this period? There clearly must have been severe liquidity issues in the financial system to need it. This was all just before the COVID pandemic started too. Odd, very odd. " Four days ago, the Federal Reserve released the names of the banks that had received $4.5 trillion in cumulative loans in the last quarter of 2019 under its emergency repo loan operations for a liquidity crisis that has yet to be credibly explained. Among the largest borrowers were JPMorgan Chase, Goldman Sachs and Citigroup, three of the Wall Street banks that were at the center of the subprime and derivatives crisis in 2008 that brought down the U.S. economy. That’s blockbuster news. But as of 7 a.m. this morning, not one major business media outlet has reported the details of the Fed’s big reveal."