Fed Bank Bailout Program Borrowing Surged In November | ZeroHedge
https://www.zerohedge.com/markets/fed-bank-bailout-program-borrowing-surged-november
“In effect, the Fed managed to paper over the financial crisis with this bailout program. It basically slapped a bandaid on it. But it has not addressed the underlying issue – the impact of rising interest rates on an economy and financial system addicted to easy money.
And it’s only a matter of time before something else breaks.”