The banks' unrealized losses are rising again. High time to re-inflate the real estate bubble and the bond bubble to prevent a bigger problem.
25 sats \ 2 replies \ @SwearyDoctor 31 Dec 2023
my first question was, wait, but does this chart cut off right after the pre-2008 period and thus hides the last crisis' spike? why?
Was I wrong.
I searched a larger graph, and oh boy - extend this out a few years back and you see how truly dramatic this is, because oh no, it doesn't cut off the GFC unrealized losses at all. That little downward bump at the beginning IS the GFC loss number. The current one sits at an easy 9x that number. NINE. TIMES.
(old graph doesn't have the current drastic plunge in it yet, that the OP chart shows)
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21 sats \ 1 reply \ @TomK OP 31 Dec 2023
Thank You for putting this into perspective! Bail-In, Bail-Out, subsidies - the real gov, the CBs, brought their cannons in position. The BTC crowd knows what to do...
Best wishes for 2024!
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0 sats \ 0 replies \ @SwearyDoctor 31 Dec 2023
Yeah, the financial government has no choice but to save the US from total default. There has to be massive liquidity incoming, or the empire is toast. (And with it, it's still toast, just a few years later.) The only question is how they'll disguise it.
Best wishes to you too!
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0 sats \ 1 reply \ @clementpamlouiselcn0 31 Dec 2023 outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.