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47 sats \ 5 replies \ @siggy47 OP 5 Aug 2024 \ parent \ on: Japan stocks plunge 7% econ

7% is a normal Monday for bitcoiners. Not for the fiat world

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43 sats \ 4 replies \ @GhostofTruth 5 Aug 2024

But the illiquidity of the system is frightening

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47 sats \ 3 replies \ @siggy47 OP 5 Aug 2024

Yes it is. How do you think this will play out?

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90 sats \ 1 reply \ @SpaceHodler 5 Aug 2024

Possibly an intermeeting Fed rate cut this week?

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10 sats \ 0 replies \ @siggy47 OP 5 Aug 2024

That's what Jeremy Siegel just called for on CNBC

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43 sats \ 0 replies \ @GhostofTruth 5 Aug 2024

I really don't see a panic based rate cut coming as they have other facilities in place to inject liquidity. But who knows? CB politics are a black box now

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