/biz/ - Business & Finance

>"Dude, market is going -80% in 2020, worse than the 1929 stock market crash"
>doesn't short the market

Why don't permabears put their money where their mouth is?

Hello friens

Today I will explain why you are all geniuses for investing in crypto, especially Bitcoin, and why the current economy and last night's SECOND repo by the Fed proves without a shadow of a doubt the Ponzi ticking time bomb that will hyperinflate fiat.

We are currently at a point where the Fed has succumbed to Trump, planning a second rate cut inside of a month. This is in Stark contrast to the steady rate hikes that were supposed to occur 2018-2020. This is proof that despite stock prices, low unemployment, etc., the thicc economy is being held up by chicken legs

In the last two nights, the Fed essentially performed QE. Banks found themselves in a low liquidity market, hence hiking up price of borrowing. This is natural and honestly imo not a huge deal since apparently it was due to short term corporate needs for tax and whatnot.

But the Fed...the Fed is so terrified they dumped liquidity into the market to keep rates low. Two nights in a row. They are terrified that high rates = less borrowing = economic slowdown.

Rates low = cheap cash = intense borrowing = cash spent on VPs of gender equality = growing economy

Such cheap liquidity means cash is spent meaninglessly. Cash spent meaninglessly means complete destruction in the long run, when all this "investment" leads to nowhere. This started many years ago, and is only being kept alive by more borrowings, more debt. And THAT is being kept alive by low rates, which is manipulated by the Fed.

But as you should see, this all leads to zero. Can there be a miracle turnaround where all these insane investments actually produce real results?

No! And the devaluation of WeWork from 50bil to 10bil is proof that the smart money no longer feels confident in keeping the Ponzi going!

SoftBank will be a hilarious lesson in 3-4 years.

OH NO NO NO