Remember the point of life is living. Chase your passion, build but don’t become a slave. That’s not the point of your existence.
What’s the point of working so hard if it doesn’t bring max enjoyment?
There is a point where excess becomes the enemy, no matter what the area of focus is.
Every entity, integration, node, channel, wallet, account, etc., etc. that you put between yourself and your money is a risk.
A potential point of failure.
Money involves a series of trade-offs. Choices (risk) that only you can decide if you are comfortable with or not.
Yep. Asset debt and liability debt are two different things.
Though a bad mtge is a liability. DYOR.
S&L Crisis 2.0? Uncle Sam's Short-Term 5% UST Is Sucking Capital Out Of Banks https://www.zerohedge.com/markets/sl-crisis-20-uncle-sams-short-term-5-ust-sucking-capital-out-banks
When you opt not to pay your customers the fair market yields capital flows to places that will.
When your deposits leave, you have nothing supporting your fractional reserve lending practices.
Said another way, without deposits, you have nothing supporting the minimum 10x leverage that exists.
Easy fix, don’t be greedy!
Don’t be indebted to others or your fate will be decided for you.
You’ll act as a slave to their desires.
Ohhhh… there are things growing these days. Just gotta look in the right places. 🧐😏
Probably Nothing… 👇👇
TradFi is facing the same leverage & liquidity contagion ( $SIVB, $SI) that crypto / #Bitcoin suffered in 2022.
Runs continue until participants verify who actually owns the collateral (dollars) and who owns levered paper claims.
A slow domino train, one crunch at a time.
This one chart sums up Afghanistan.
1. Notice Afghan opium production pre and post 2003.
2. What was a major problem facing the US population around 2010-2012 to current?
War creates opportunity for profiteers.
It’s less obvious you are the cause of war when you stand ready to fund all parties. That is what the history of banking was built on. Funding wars.
The last time global liquidity was priced at these levels was 2000 - 2001.
20+ yrs ago... let that sink in.
The #eurodollar induced #Leverage trade began to unwind with crypto and has worked its way all the way back through the traditional system. 🎲🎲
Gotta love it when cancel culture goes wrong.
Many of the founding families have histories that do no depict the same level of prestige that society has placed upon them and the high pedestals they sit on.
Hindsight is powerful. Foresight even more so!
Mind & self. The inability for others to easily destroy one or the other leads to self preservation.
Everything about that setting screams what’s wrong with money / finance.
The Wall Street vibe is so much worse than the Bitcoin vibe.
It’s cringe. A complete blast from the past.
The gray area starts when yield and margin become the highest priority in the conversation.
He absolutely nail’s simplicity.
Just another day of the powers that be, walking 🚶♀️ 🚶♂️ the, “there is no inflation” narrative.
Nice. Good work
Those 👀 at colleges. Important questions to ask admissions:
🧐What portion of tuition (ponzi) goes towards paying bondholder interest?
🤔In the future will that change & what’s the expectation? Is there a cap?
The relationship between bond issuance and tuition increase is❓
