Within the group of banks with access to FED repo there is at least one nobody wants to lend $ to even with collateral. The repo facility BLEW UP after Fed meeting

This is “The Everything Bubble” – The Largest Financial Bubble in History.

Built by Central Banks who thought they could micro-manage the Economy with endless monetary stimulus.

Instead, they created a gigantic Financial Bubble in all markets (stocks, housing, crypto) – with market participants addicted to the next shot of liquidity like a drug addict.

They created: “The Monetary House of Cards”.
Buy my book here: https://buy.stripe.com/aFacN62DQdYFbZt9APaR201

A Market Monster – which will devastate lives in a decade forward when it bursts in a not too distant future. Devastation through crashing 401K, rising inflation, higher unemployment levels – all at the same time.

Wall Street is still cheering it along – dismissing talks of a Bubble – while Main Street drowns in debt, and higher price levels.

AI and crypto don’t change the laws of economics – this is a mirage, and it will crash.

(Thanks
@great_martis
for valuation metrics).

We are not “there” yet – but getting closer.

PLEASE STAY SAFE!