Well, here we are. In a matter of a few weeks we have gone from the SEC trying to destroy crypto to Larry Fink becoming a Bitcoin Broski and the SEC losing a crypto lawsuit.
FHLB Signals Major Stress Building
It's just math. The below shows how annualized interest payments on the debt are well into the parabolic phase of growth:
The below shows the CBO projections for debt as a percentage of GDP: STRAIGHT UP into perpetuity essentially.
Summary:
- just INTEREST PAYMENTS alone on the debt are trending to rapidly surpass Defense spending and eat up potentially the entire federal budget
- the government's own CBO projections say it is only going to get a lot worse
- BlackRock's CEO keeps telling you to buy Bitcoin
- ten year bonds are back pushing north of 4% and the FHLB suggests more bank failures are coming
Just a matter of time now.
