The eurodollar system survived the worst attack it has ever experienced in early April 2025; SOFR (Secured Overnight Financing Rate) endured intraday moves of 25-40 basis points (where normal is 3-4 basis points) on April 6-9, representing an unprecedented assault on the collateralized repo market.
factualpending
Speaker
Tom LongoEvidence Quote
“sofur has survived now at probably the worst attack that sofer has ever um been uh been put under”
Source
Forget China, Trump’s Real Plan? Destroy the Eurodollar, Bankrupt Europe | Tom Luongo— Soar FinanciallyCreated: 8/11/2026, 7:03:10 AM
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