Comments by "BrickTop" (@bricktop7803) on "Summers on Banking Crisis, Fed Decision, Debt Ceiling" video.

  1. The Elephant in the US-room is First Republic Bank.(FRB) Which this guy is HIDING. The FED Blundered, releasing the data from FRB rescue. The FED stated that FRB had borrowed $2.6Bn from the FHLB..... That is shocking because the FED let slip that Many more Banks are about to collapse. Since March 1st FHLB - which provides loans to banks in trouble had released $261 to banks. We do not know which banks, and analysts thought FRB was getting all the loans. It was NOT the main borrower from FHLB. The Elephant is - WHO is doing ALL the Borrowing? Which Banks have borrowed $257Bn since March 1st?? Prior to Q1 2023 the last time a bank had to borrow from FHLB was in 2020 when a US bank went under. If 2.6bn borrowing caused FRB to fail...what other banks are on the verge and borrowed $257Bn??
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