The Credit Cycle Melt UP and Coming Crash 🧵
We have seen one of the greatest melt ups in US history since the 2022 lows, as we begin entering unknown territory of the highest valuations in human history
The melt up isn't driven by europhoria or sentiment, it is driven by liquidity and credit that is directly linked to the AI retooling occurring in the financial market and underlying economy
This thread is meant to be a complete breakdown of HOW to think about what is happening, and WHEN risks begin to build that will cause the next bear market 🧵
@DAX40 Good take, Alex. My wife has Persian roots and I have many UK based Persian friends who fled Iran so I suppose I can only see things subjectively. I am hopeful of a positive resolution for the people of Iran. However, your pessimism is not misplaced. 'And the beat goes on!'
@zerohedge Polanski is a dangerous idiot. He’s a failed actor, failed hypnotherapist who said he could make someone’s boobs bigger using the unconscious mind! This story shouldn’t surprise anyone in the UK.
Green Party candidate Hannah Spencer exposed as £1.2million property-hoarding hypocrite
The Gorton and Denton by-election hopeful owns a lucrative £1.2 million real estate portfolio, including a £736,000 second home bought in August 2024.
She publicly slams second homeowners for “hoarding” properties and rails against landlords, while her party demands the abolition of private renting and aggressive rent controls.
Spencer bought her first home at 24 with help from her mother and has boasted online about outbidding first-time buyers and flipping properties for profit.
Peak champagne socialism: preach equality and revolution while quietly stacking a property empire most Brits could only dream of.