Eh more just about debt cycles and how borrowing expands in good times, leading to leverage, inflation, and eventual deleveraging/crisis.
But also post-crisis deleveraging can be painful but ultimately sets the stage for the next growth cycle.
Discussion
It certainly feels painful lol. If 2008 and 2020 were just warm ups to the main event it's gonna be one to remember!
I don’t see any deleveraging happening. This is why we Bitcoin.
Yep that's true, but I feel like a percentage of the population won't bitcoin and will go bankrupt(hopefully not a large percentage).
But perhaps that's just natures way of balancing.
There will be a lot of variability in outcomes if we have a true collapse. My bet is on bitcoiners being the victors but I am constantly challenging that belief but not changing it. At least since 2018.