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99 sats \ 2 replies \ @BITC0IN 12h \ on: How the Next Financial Crisis Might Happen (The Economist) econ
often articles like this are social signaling from the top of the pyramid. it's interesting to see concern about hedge funds being too big to fail now, given the scale of their assets under management. probably a warranted concern.
the concern about America being unable to cope with any blow up though is unwarranted. they have shown time and again every willingness to paper over any blow up, and will continue to do so.
inflation will pay for it.
This time its different.
$7T USTs need to be rolled over before Christmas.
Trump cannot stop the war in Ukraine.
China called Trump tariff bluff and Trump folded because UST 10 year rate was exploding.
Saudis are already selling oil to China denominated in Yuan.
The petrodollar SWIFT hegemony is in gradual but terminal decline.
US exceptionalism is so last century.
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True true true. Well said
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