$188 billion per day?

[Freak]

Hmmmm.

Figures released late Thursday showed U.S. institutions borrowed from the Fed $188 billion per day on average in the latest week, almost four times the previous record.

NewsDaily: Central banks dole out cash as bailout doubts grow

 

[droski]

well that's a revolving credit line. so it's not as though you add $188 bill every day. but it should show how in deep crap we currently are.

 

[BigPapaVol]

that's primrily repos and not cumulative.
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