Peter needs to embrace Dark Maximalism tho. This was another good article by him. I don't know about a crash or it being months away, that's some ZeroHedge nonsense, but generally by the time a recession is official, the bottom is in and markets horn gore no?

• March 2020 was the Covid bottom just as lockdowns began
• March 2009 was the Great Recession bottom as QE began and major auto companies started filing for bankruptcy
• October 2002 was the Dotcom bottom as the Iraq war was approved by Congress

All based on Dow⤴

All coincided with instances of monetary expansion of course. I mean Peter my bitcoin fren! This fiat game will play out in waves way longer than you Austrians are comfortable admitting! That's fine for BTC! It has a quote price and will absorb more value with each wave. Bitcoin will have a quote price for a very long time. Fiat's job at this point is to finance us into the cheap/free energy future where bitcoin is no longer a softball used in a baseball game. https://imgprxy.stacker.news/AmXn4mu9TkrCHaSCwAnVGDnbIqp_OW9Y26vBoqOZU4E/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pbWFnZS5ub3N0ci5idWlsZC9kMDBiM2VjOTQ2YzNjNjcwZDQ4ZDZhNDhiZDViNDdhN2E4NmE1Y2I3YzRlZDM1N2JhZTRhNWY0YWQzZmRhOTQ2LmdpZg

This was the first business cycle that I fully appreciate the FED curtails inflation by increasing unemployment. Roughly zero people who get laid off understand the relationship. It makes me sick.

Peter should post on SN, I would tip him.

https://postimg.cc/XZc1qLNp

I think the crash will happen on the same time when bitcoiners will have their lambos

Tuesday