PE firms have been getting a free pass for a while now and it’s not surprising to see this looming reminiscent of the Savings and Loans crisis of the mid 90s.
This may be the canary in the coal mine that will trigger a pension fund crisis. Seems like the irrational exuberance from 2008 is back, bigger and more monstrous than before. Take a listen...#2008 #GFC #fiatsystem
https://video.nostr.build/0bc11a9fc8d4206406b4e03137a3a1404b3aa378dbe262eeba16b6d6dc739acd.mp4
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