Why Nostr? What is Njump?
2024-08-05 14:57:11

Jeff Booth on Nostr: The reversal of the carry trade could turn into a margin call on the financial system ...

The reversal of the carry trade could turn into a margin call on the financial system with EVERY asset (most illiquid) tied to that very same financialization and leverage.
That leverage unwind will (if left unchecked) take down major players.
Ie - Massive manipulation of money incoming (liquidity) or deflationary spiral. Likely both (depending on timing and your country)

Good thing there is a protocol stack bounded by energy that is open, decentralized and secure.
#Bitcoin.
Author Public Key
npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe