4 ms·
I know the answer.... Free Money[1], when the Fed lowered the prime interest rate to zero, the free money distorted the market and allowed all this insanity to
by mikewarot 3y ago
I know the answer.... Free Money[1], when the Fed lowered the prime interest rate to zero, the free money distorted the market and allowed all this insanity to happen.
Now that the free money is drying up, all this shit has to evaporate. Just like the great simplification[2] that has to take place on the downside of the great carbon pulse that's feeding civilization right now.
What a depressing thought in the short/medium term, in the long run, it'll be good for Humanity, my grandkids, should they every be born
[1] https://en.wikipedia.org/wiki/Zero_interest-rate_policy https://en.wikipedia.org/wiki/Zero_interest-rate_policy
[2] https://www.thegreatsimplification.com/about https://www.thegreatsimplification.com/about