Well, here we are. In a matter of a few weeks we have gone from the SEC trying to destroy crypto to Larry Fink becoming a Broski and the SEC losing a crypto lawsuit.
Fink Says Load Up on BTC
FHLB Signals Major Stress Building
It's just math. The below shows how annualized interest payments on the debt are well into the parabolic phase of growth:
The below shows the CBO projections for debt as a percentage of GDP: STRAIGHT UP into perpetuity essentially.
Summary:
just INTEREST PAYMENTS alone on the debt are trending to rapidly surpass Defense spending and eat up potentially the entire federal budget
- the government's own CBO projections say it is only going to get a lot worse
BlackRock's CEO keeps telling you to buy Bitcoin
- ten year bonds are back pushing north of 4% and the FHLB suggests more bank failures are coming
Just a matter of time now.
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