The pressure on the Fed and other central banks is growing by the hour. They need to re-inflate the bond bubble asap!
0 sats \ 1 reply \ @orthzar 5 Nov 2023
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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0 sats \ 0 replies \ @TomK OP 5 Nov 2023
Right. But these people do not argue in rational terms
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0 sats \ 0 replies \ @TomK OP 5 Nov 2023
Nono, I had this in my timeline on Friday night.
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0 sats \ 1 reply \ @siggy47 5 Nov 2023
All those long term bonds the too big to fail guys loaded up on in 2020 and 2021?
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238 sats \ 0 replies \ @TomK OP 5 Nov 2023
Yes. The whole financial system which includes state pension funds depends on the stability of the debt bubble
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0 sats \ 1 reply \ @siggy47 5 Nov 2023
What's this from, Tom? Did it break over the weekend?
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238 sats \ 0 replies \ @TomK OP 5 Nov 2023
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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