@leadlagreport Wow, I can’t believe he responded to you, and without a reasonable counter argument. I was a bitcoin maxi for many years but things like this make me question my beliefs, maybe Bitcoin wasn’t what I’d hope it would be
I DON'T THINK YOU UNDERSTAND WHAT JUST HAPPENED.
The entire US Treasury yield curve just broke simultaneously.
2yr. 5yr. 20yr. 30yr.
All at the exact same moment.
This is not a glitch.
Only one type of seller moves like this.
A sovereign. A central bank. A country.
China holds $700B in US Treasuries.
Japan holds $1.24T. UK holds $897B.
If any of them started exiting today…
This is exactly what it would look like.
The bond market is the largest on earth.
When it breaks like this something is fundamentally wrong.
Stocks haven't reacted yet.
But they will.
Watch this week very closely.
My boomer uncle bought his rental property in 1991 for $95,000. It’s worth $1,100,000 today.
He told me my generation is lazy. That we don’t want to work.
I work 50 hours a week.
I can’t afford to move out.
I live in his basement.
He charges me $800 a month.
BREAKING: An Iranian official tells Jeremy Scahill that Trump's post is "riddled with falsehoods" and Project Freedom "failed completely." The official said Iran will not negotiate until the US formally ends the blockade.