Electrum1
Bluelighter
- Joined
- Nov 22, 2021
- Messages
- 28,913
Beware the ides of March, indeed.Banks failing and sky high inflation.
Not a very promising outlook for the near future of the world economy.
Beware the ides of March, indeed.
I'd heard the rumour a couple of months back that Spring 2023 would be when there would be a massive currency crisis, resulting in the rapid deployment of CDBC systems as a gateway back to stability.. for a price (our freedom). Even if the rumour isn't true, something is going to give sooner rather than later. We can't keep grinding the public with ever increasing costs, eventually either people will snap or there will be a collapse anyway.
It'll likely get worse. This was just a bounce for bank stocks imo. Maybe I'm wrong. In the post below he means "since 2008" not "in 2008". Yield curves are inverted which means a recession soon. If you remember the TARP bailouts in 2008, these new bailouts possibly mean similarThe market is insane. I expect it of crypto, but it just makes no sense lately. Meta announces it's laying off an additional 11,000 employees (after 10,000 not long ago), and its stock goes up 7% in a day. Madness.