from King World News
With central banks around the world leveraging like never before, the Fed has just expanded its balance sheet to $7.17 trillion, but look at the shocking leverage!
Extreme Leverage
October 22 (King World News) – James Turk: The Federal Reserve expanded its balance sheet this week to a record high of $7.17t. Leverage also soared to 182X, meaning its capital base gets wiped out if just 0.5% of its assets default.