BIS Sounds The Alarm Over $80 Trillion In "Huge, Missing And Hidden" FX Swap Debt https://t.co/bHVmZ2glzk
— zerohedge (@zerohedge) December 6, 2022
“It is not even clear how many analysts are aware of the existence of the large off-balance sheet obligations. In times of crises, policies to restore the smooth flow of short-term dollars in the financial system — for instance, central bank swap lines — are set in a fog.”
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