life$tyle on Nostr: Interesting take. I was wondering if it has anything to do with the massive ...
Interesting take. I was wondering if it has anything to do with the massive unrealised losses sitting on the balance sheets of America's banks, the massive shadow QE that's going on behind the scenes to pump up the deflating commercial real estate bubble and bail out all the worthless low-interest government bonds that the banks were all essentially forced to buy in 2021. Warren Buffett dumping bank stocks is the symptom, but the FED is the disease.
I'll never forget the feeling of early 2023; FTX being purged and the banks failing just felt so good. I'm ready for round 2 👊
Published at
2024-10-29 00:33:35Event JSON
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"content": "Interesting take. I was wondering if it has anything to do with the massive unrealised losses sitting on the balance sheets of America's banks, the massive shadow QE that's going on behind the scenes to pump up the deflating commercial real estate bubble and bail out all the worthless low-interest government bonds that the banks were all essentially forced to buy in 2021. Warren Buffett dumping bank stocks is the symptom, but the FED is the disease. \n\nI'll never forget the feeling of early 2023; FTX being purged and the banks failing just felt so good. I'm ready for round 2 👊 ",
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