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k98killer
How Money Works
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Comments by "k98killer" (@k98killer) on "How Money Works" channel.
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Somehow completely missed the fact that the largest participants in US capital markets are foreigners who will be variously affected by the trade war.
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Enshitification
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Know what would make a lot more sense but nobody actually does? A card where each purchase ≥$100 gets its own note which splits the amount into equal monthly payments (with a modest interest rate) over a 6-12 month period, and everything smaller gets bundled up at the end of the month into a note.
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The 10s and 2s have almost de-inverted. The inversion is just 5 bps right now. Once it de-inverts, a US recession will most likely immediately follow.
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