Marty's Ƀent
The Warning Signs of a Banking Crisis
This is definitely something to keep an eye on in the months ahead. Will the acquisition of Credit Suisse prove to be a poison pill?
This is definitely something to keep an eye on in the months ahead. Will the acquisition of Credit Suisse prove to be a poison pill?
2023 has been the year of the Great Bitcoin Decoupling and it may be driven by the fact that more and more individuals are beginning to understand how much counterparty risk they are exposed to in the banking system.
History doesn't rhyme, it repeats. And what we're living through right now seems to be a repeat of the banking crises that led to the Great Depression and Weimar Republic hyperinflationary event.
Everywhere one looks things look absolutely terrible for the US financial system. This feels like the endgame.
In the midst of all of the bank failures and the ensuing chaotic scramble by governments and central banks bitcoin has performed like a true risk-off asset.
Essentially, the Fed's chaotic policy bakes in sudden cascading sells into the balance sheets of the banks.
The inconsistency of Neel's comments shouldn't really be that surprising if you've been paying attention.
