The following is a 3 message exchange between 4 users
Some experts are predicting a huge number of bank failures driven by real estate if the 10-year bond rate hits 5%. That chart with the significant drop in pay-offs seems to support the thesis.
@TautPragmaticForward2wks2W
Could this be the "Black Swan" event that triggers the next recession?
This is THE ONLY black swan event you should care about. The wars are a distraction. After the election you will start hearing about this way more. Ive been following this story since covid. All the biggest and smartest funds are positioning for this. To make billions. The average American will wonder why this happened and I plan to make millions off the crash. If it doesn't happen that's fine. But all signs point to a 2008 style crash or worse unless rates go back to where they were before which can't happen bc of inflation.
