The current administration and Treasury (under Bessent) are attempting to finance the massive $36 trillion national debt primarily at the short end of the curve by inducing banks to buy short-term paper through increased leverage ratios, which could unleash approximately $3 trillion in new bank carry trades.

factualpending

Speaker

Bill Fleenstein

Evidence Quote

they changed the bank leverage ratio...that might unleash $3 trillion worth of basically bank carry trades

Source

Bill Fleckenstein: We've Gone Past The Point Of No Return, Only An Epic Crisis Can FixThe Julia La Roche Show
Created: 8/11/2026, 5:23:30 AM

My Notes

Loading notes...