I’m reminded of Mike Tyson’s famous quip….”Everyone’s got a plan, until they get punched in the face”.
A punch in the face is coming. For the entire architecture of central governance globally 😉
Funny story…
I walked into many boardrooms to meet with my investors on our “short all things mortgage and subprime” thesis and trade in 2007 and was often rebuffed with “AAA rated banks and fin cos CANT default”. You’re making a big mistake.
My response was always the same. Leg go of your reverence for/dogma about these institutions and thier 100 years of history. It’s just MATH. 🤓