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0 sats \ 0 replies \ @ExponentialBTC OP 21 Oct 2022 \ on: A global deleveraging is underway 🧵 bitcoin
The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
What’s unfolding:
  • Soaring energy inputs have rapidly repriced discount rates higher
  • The value of every asset on the planet is plummeting as a result
  • This dynamic exacerbates a systemic asset/liability imbalance, as refinance rates soar
A global deleveraging is underway.
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