Crypto is having its Lehman Brothers moment.
“There are no certainties; only probabilities.”
– George Gammon
We’ve written a lot on this site about inflation and the effects Covid Lockdowns have had on money supply and supply-chains. But these issues just scrape the surface of how bad this 2022 recession is going to be. Cathie Wood recently came out and said we’re already in a recession – others are saying we’re
There’s too much talk about inflation and not enough talk about how we got here. January 2021: 1.4% March 2021: 2.6% $1.9 Trillion COVID Relief Package July 2021: 5.4% Democrats propose $3.9 Trillion budget plan November 2021: 6.8% President Biden signs $1 Trillion infrastructure package March 2022: 7.9% April 2022: 8.3% May 2022: 8.6% Inflation
Inflation is not transitory.
Instead of writing a long-winded report on how we’re all f*cked, just read these articles and figure it out on your own.
Read More »Money Monday: The Grim Economic Outlook for the US and the World
Woke up this morning to Bitcoin bleeding red again (shocker). Crypto has been following equities for the last 6-7 months. What was supposed to be an alternative to fiat has turned into fiat – but on speed.
Read More »Bitcoin & Equities: Ruining the Fun
