“You don’t reach people through rational information. You reach them through emotional, trans-rational connections that come through music, food, art, dance, and culture”
If US debt is rehypothecated throughout the global financial system, will limitations on U.S. debt growth cause limitations on global growth?
I didn’t realize what 2008/2009 was until I started learning about Bitcoin over the past couple of years. It’s weird to learn about something then watch it in real time.
An insight to take to heart in bear markets: “The greater the potential for reward in the value portfolio, the less risk there is.”
“If you buy a dollar for 60 cents, it’s riskier than if you buy a dollar for 40 cents, but the expectation of reward is greater for the latter case. The greater the potential for reward in the value portfolio, the less risk there is.”
“Rising prices allow Uncle Sam to pay off his debts with dollars that have been cheapened by inflation. Completely irradiating inflation runs against the economic self interest of any government that regularly borrows money.”
Is BTC akin to a Fiat Default Swap? It’s rise past $30k could be a red flag for US economy. Another one.
Deflationary monetary conditions resulting in damage to the real economy.
As the regional banks that have come under pressure in recent weeks adjust lending standards, some of their small-business clients may find they are offered loans under stricter terms, in smaller amounts, or not at all. Many regional banks have also faced significant deposit flights in recent days, meaning they have less capital available to lend in the first place.
“It’s going to be a triple whammy for the leveraged-loan space. Companies’ interest costs go up, the economy is ticking down so their earnings are going down, and the main buyer in that space, CLOs, may or may not be around,” said Mr. McClain, referring to the collateralized loan obligations that are a major source of demand for risky company loans.
I miss Warcraft 3 Battlenet - some totally awesome custom games and maps. I spent days of my childhood perfecting tower defense strategies, building tree ent farms, and slaughtering footmen.