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All those long term bonds the too big to fail guys loaded up on in 2020 and 2021?

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Yes. The whole financial system which includes state pension funds depends on the stability of the debt bubble

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What's this from, Tom? Did it break over the weekend?

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This info appeared on my timeline on Friday night if I remember right. But until now I didn't see more than the closure of the Iowa bank.

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The bursting of the bubble is avoidable. Re-inflating the bubble will only slightly delad the burst and make it even more destructive.

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Right. But these people do not argue in rational terms

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Nono, I had this in my timeline on Friday night.

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