sourcenode on Nostr: I reached the same conclusion. There's no telling when it will happen, but we have ...
I reached the same conclusion. There's no telling when it will happen, but we have already crossed the event horizon.
Meanwhile the fed has not managed to reach the 2% CPI goal and can't tighten any further. They already triggered a bank collapse the same size (financially speaking) as 2008 and plugged the hole.
They may have to reduce rates to keep the government solvent. (Inerest on the debt alone is nearing 1T annual)
If that happens the bond market and the dollar will be dangerously weak.
Glad I'm commenting on this from the life raft. #bitcoin
Published at
2024-07-02 11:04:36Event JSON
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