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It has more to do with lending rates. The 10 year peaked above 3% and ibonds now yield 9.6%. Ponzi’s are getting a one-two punched. Suckers now have alternative
by unicornmama 4y ago
It has more to do with lending rates. The 10 year peaked above 3% and ibonds now yield 9.6%. Ponzi’s are getting a one-two punched. Suckers now have alternatives to seek better returns. Scammers and exploiters now pay to leverage up ponzi run ups.
- Waterluvian 4y agoFair enough. I just see it all as one interrelated ball of spaghetti economy.