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When Repo Rates Went From 2% to 20% Overnight 📉 #shorts
Description
📉 September 2019: overnight repo rates ripped from 2% to 20%+ in a single day. The cash was there. The plumbing couldn't move it. 🚰 Fragmented infrastructure ⚠️ uneven liquidity ⚠️ no standing backstop ⚠️ The same structural gaps onchain credit faces today 👇 Build for when conditions deteriorate, not when they're favorable. 🏗️ #shorts #viralvideo #bitcoin #cryptocurrency
Tags
Laura ShinUnchainedCryptocurrencyBitcoinEthereumCrypto News
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