43% of U.S. domestic bank reserves now sit in foreign banks with U.S. offices.
Even more shocking—62% of those reserves ($856B) are “net due” back to home offices abroad, quietly draining U.S. liquidity.
During QE2, nearly 100% of newly printed reserves flowed into foreign banks. The Fed has effectively outsourced a massive chunk of U.S. banking stability—with almost zero transparency.
Who really controls the system? And more importantly, where will your money be when the tide goes out?
