reminder-america-was-in-a-national-debt-crisis-in-2019-and-a-liquidity-crisis-occurred-in-the-2-4-trillion-repo-market-in-september-of-the-same-year

Here's a reminder of how the United States was acknowledged to be (even by the mainstream media) in the midst of a "national debt crisis" toward the end of 2019, just before the COVID-19 "pandemic" hit. Not only had the government's debt surpassed $22 trillion, but there was a key indicator of financial collapse in September of the same year: a liquidity crisis in the $2-4 trillion "repo" market that required the Federal Reserve to continuously pump more than $125 billion dollars into it.

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