JUST IN: 🇺🇸 US Treasury Official says this "situation is not 2008."
Discussion
Yeah, it is probably worse.
It's official then (?)
I know, it’s 2023
oh shit…it’s worse than we thought
It’s 1929
PV mate 🤙
#Followed
#Zapped ⚡️
#Plebchain
#AUStriches 🇦🇺🦘 #[2]
Is it weird that I’m excited to watch the implosion?
3 banks already, First Republic on its way out.
Of course every time is different *not*
Because it’s worse or because they’re older ?
Yeah its waayyy worse
No it's worse, so much worse. Inflation was localized to housing then. Now it is across every sector.
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