Central Banks in Crisis: Fed, Sweden’s Central Bank, and Bank of England Seek Taxpayer Bailouts

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Sweden’s central bank is in dire need of a taxpayer bailout, joining the Bank of England, which received $35 billion in assistance the previous year. This trend is indicative of central bankers turning to already financially burdened taxpayers for support. The figures are even more staggering for the Fed, with a deficit exceeding a trillion dollars. Sweden’s central bank’s bailout, amounting to $7 billion, translates to around $260 billion in relative terms when compared to the US.

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Sweden’s central bank needs a taxpayer bailout. Meanwhile, the Fed is sitting on trillions dollar in toxic-waste mortgage-backed securities (MBSs) it took off the ledgers of its bankster accomplices.

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h/t Simian_Stacker

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