BIS Basel 3 Accords and REPO Market
https://www.zerohedge.com/markets/avoid-repo-crisis-fed-will-flood-market-gargantuan-365-billion-year-end-liquidity
https://www.seeitmarket.com/is-repo-market-fiasco-about-to-get-serious/
Jan 1 2020 is that date the FED has set for the implementation of the Bank of International Settlement Basel 3 Accords. Basel 1 destroyed Japan, Basel 2 triggered 2008, and Basel 3 (when implemented) will likely blow up the REPO Market. If the REPO Market implodes, it will take everything down with it. I've been talking about this since 2009. But the FED has continued to pump fake money into the market. Nothing has changed. But eventually every bubble bursts.
"Implementation of the Basel III: Finalising post-crisis reforms (also known as Basel 3.1 or Basel III Endgame), introduced in 2017, was extended several times, and is now scheduled to go into effect on July 1, 2025 with a three-year phase-in period."
It would be interesting to know of Basel 3 contributed to the failures of Credit Suisse, Silicon Valley Bank, Signature Bank, and First Republic Bank of California in 2023. But in response, BIS is instituting and delaying instituting its latest regulations.
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