DANGER WILL ROBINSON. DANGER. Stonk market is correct to …

DANGER WILL ROBINSON. DANGER.

Stonk market is correct to be testing COVID-March lows, as giant Euro-banksters like $CS (Credit Suisse) and $DB (Deutsche Bank, literally "Germany Bank") are now trading at 1% of their assets (balance sheet). 1% of assets means a mouse-fart can topple these banks, and it also means the stock market general consensus is that these two giant banks ($1.3 trillion assets at DB; $800mm at CS) are pretty much already bankrupt rn.

https://twitter.com/GrahamStephan/status/1576601663477059585?s=20&t=hFhN07U8DMacv14urWo4ow

One way to look at it, if the CEOs of CS and DB are just saying "everything is fine, nothing to see here" then they are lying, bc if they actually believed that, then they'd be jumping up and down on boardroom tables on a public zoom stream yelling that the bank is a "Strong Buy; HIghest Conviction; Top Pick" and mortgaging their mansions to buy more stock.

$CS either going up 10-20x in 12 months or going away.

It's important to remember, that while the world (The US Fed, the Biden Administration) is worried about "inflation", money printing is more likely to bring about a deflationary collapse in the near term-- because money printing creates oversupply conditions (too many houses, too many cars, etc...) which when demand inevitably falters (wages don't rise fast enough, layoffs happen, garden-variety recession, etc...) becomes rapidly-lowering prices (for everything of value).

Deflation is the lowering of prices relative to the main instrument of trade (the common denominator I won't call "money" bc fiat isn't real money), which in the world's case is basically the US Dollar right now.

Ironically what can happen from here is a deflationary collapse which makes fiat currencies rise in value vs all other assets (house prices, cars, gasoline, food, etc...). If a collapse occurs, we would expect US Dollars to be hoarded, and we'd also expect governments to implement "price controls" which would involve "bank holidays" and restrictions on bank withdrawals. Then they could institute negative interest rates as a "cure", goading people to invest their money rather than keep it in dollars. But during delfationary collapse, it's worth it to pay 2% or even 10% negative interest if asset prices are down 50% but about to go down another 50%. Cash (the paper stuff, aka "Benjamins") would trade at a premium, because it's spendable (unlike frozen or restricted cash in the banks) and pays no negative interest. So having a month or two of expenses in your house in $100 bills isn't such a bad idea. Liquidity in times of illiquidity fetches a premium.

This is why we are releasing an Fall 2020 video we ( @16605 ) shot about Deflationary Collapses preceding hyperinflationary periods.

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https://streamanity.com/video/q2S8H7tkCnhv?ref=a8f157c9-2502-4dcd-97b3-7055ab159de6
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Lastly, I just paid $2.99 for gasoline on Saturday, the same price I paid in about 1999 if memory serves. The US monetary base in 2022 is probably approaching 10x as big as it was in 1999, but explain to me the evidence of inflation? 20 years of flat gasoline prices doesn't scream hyperinflation, so evidence supports my theory, and does NOT support the theories all the Economics PhDs are espousing while defending raising rates for the last 9 months.

When your leadership is shooting their firehosses at a giant hole in the hull of the ship that you can plainly SEE, you know you're fucked. It's that simple.

DANGER. DEFLATIONARY COLLAPSE DANGER WILL ROBINSON!