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37 sats \ 2 replies \ @BlokchainB 6 Apr \ on: Tariffs spark US junk bond sell-off as recession risk mounts Stacker_Stocks
Maybe this paper economy is finally being exposed? Zombie companies that have zero revenues and sky high valuations on growth potential can finally come back to earth.
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155 sats \ 1 reply \ @Coinsreporter OP 6 Apr
In fiat world recession is an event that establishes the order but because the printer goes brrrr, we see new zombies rising very soon and there's nothing anyone can do about it.
As a bitcoiner we curse a lot to fiat currencies, but I also believe that we must equally curse the zombies that feast on them leaving an unhealthier economy behind. If companies start buying selling stocks for Bitcoin, their game would be over.
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0 sats \ 0 replies \ @Solomonsatoshi 6 Apr
Greenspans USD reserve currency fiat leveraged puts and their successors are out of ink. The USA faces insolvency with $36 T debt and debt servicing consuming more than military spending. The tariffs may trigger US financial system collapse and emergence of EU and Chinese monetary systems to replace it.
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