I don't get the reference

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The book (i dont like it personally) but all the fake wealth disappears- which is basically the stock market and real estate.

Bonds seem the first to go... which next?

Sounds like an interesting book.

Bro real estate is land, idk how that disappears? Also yes VC bullshit money Burns quick and stocks that are shit businesses fail. Valuations drop as fear takes over

Bonds going? Nope. It's risk free and they can print more currency.

Where did you find this chart?

Lol the fed.

People have overpaid for real estate and stocks, they go to intrinsic value. Need to check book. Odell loves it.

Yes because land and stocks can have valuations, each their own hedges. Whose Odell?

The Odell

Bro you're making references I don't know

Rabbit Hole Recap show Ten31 dudes

Adele?

I think this chart is conflating real estate as mortgages.. it's a broad category but I understand real estate as land, not debt instruments

Ask chatgpt for a manibles tldr

Yeah I'll check it out, gave me a summary seems interesting

What this chart is showing is that governments are buying gold and silver reserves (idk why silver lol) instead of bonds (as total market Cap)