25 sats \ 3 replies \ @faithandcredit 4 Dec 2023
Sooner or later there will be a historic rugpull, but i dont know what it will look like
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9 sats \ 2 replies \ @TomK OP 4 Dec 2023
A deflationary shock, transmitted via the credit market (housing in the US? Economic collapse of company credit/ banking in the EU) looks possible to me.
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10 sats \ 1 reply \ @faithandcredit 4 Dec 2023
yea, its time to move to the homesteads and leave the rest of world to its own devices. because such a collapse will not even wake people up. there will be a double down on ignorance. i hate to say it.
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10 sats \ 0 replies \ @TomK OP 4 Dec 2023
99% here in Spain totally forgot about the last real estate desaster which happened as You know 12 years ago. Any cycle leaves 1% of orange-pilled people that are reorganising their lives. The rest stays in NPC-wonderworld.
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0 sats \ 0 replies \ @faithandcredit 4 Dec 2023
deleted by author
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0 sats \ 1 reply \ @orthwyrm 4 Dec 2023
ELI5?
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110 sats \ 0 replies \ @TomK OP 4 Dec 2023
The graphs show open market activities of the relevant central banks. Open market means they are buying or selling assets like bonds. Here we see how they are buying recently and therefore increasing ''liquidity'' like reserves or other cash aquivalents. De facto they are monetizing new public debt by buyin it from the primary dealer banks. By doing this asset prices rise - accumulates balance sheets grow - new credit will be offered.
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