/biz/ - Business & Finance

ITS LITERALLY OVER FOR MUTT ECONOMY
THEY WERE SUPPOSED TO SELL 50 BILLION IN JUNE AND 50 BILLION IN JULY

AND THEY ARE STILL ADDING
once end of July arrive and market realize they have done it for a second month straight, the value of their balance sheet and any similar asset they don't own but are similar to the one they own will be worthless and let me tell you, they own a lot of MBS which mean housing market will collapse in less than a week.
Combine this with july 28 where number will be released about GDP which will confirm recession and july 26 where fed will make raise 1% interest rate.
You are about to see the biggest wealth destruction in history.

For brainlet, raising interest rate in a recession is literally how you get a depression 1929 style