immagine del profilo
Epi@Epi
1Anno
Are you sure? Quartered in the GFC. 🤔
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TeePee@TeePee
1Anno
@Epi Back then, the banks were all shaking. It won't be that bad this time.

Although...
$TSLA has the potential to tear everything down.
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immagine del profilo
Epi@Epi
1Anno
@TeePee Maybe it will be even worse this time? In the GFC, the state hit the banks with new debt. That won't work now. The next debt crisis will be a sovereign debt crisis. Banks will topple like dominoes. No idea how and when it will happen, but the stage is set and the risk is lurking.
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TeePee@TeePee
1Anno
@Epi If it gets that bad, you need pawnshops to trade in gold coins or whatever. But seriously, this is government debt. Not private debt. Back then it was the other way around.
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immagine del profilo
Epi@Epi
1Anno
@TeePee Don't forget who holds the national debt! They are mostly banks. If there are defaults on government bonds, the banks fall like nothing. Remember the beginning of 2023, that was close!
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TeePee@TeePee
1Anno
@Epi I think you're a bit too far ahead....
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immagine del profilo
Epi@Epi
1Anno
@TeePee That may be true! 😅
I've often been right, but with the wrong time index. That has cost me money just as often.
Anyway, good luck and keep your eyes and ears open! 👍
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