Comment on Landlords hold legal liability a tenant does not

goldenballs@wolfballs.com ⁨1⁩ ⁨year⁩ ago

As China, Japan and other export-driven Oriental economies sell off the US Treasuries and other foreign debt they own to try and control their own interest rates, this is driving 10-year yield up, and forcing US, EU, UK, ANZAC base rates up, which will accelerate the stockmarket crash, whilst mitigating inflation a bit. Mass lay-offs are coming, mass mortgage and other debt defaults threaten, and you're looking at bank collapses and food riots at supermarkets.

China's housing market collapse is accelerating, bringing down stablecoins, and most of the shitcoins, as well as threatening to drag bitcoin down to sub-10,000. There's a tipping point shown in experiments where you need at least 7 people to rush out of a cinema of 100 all at once, to trigger a rush for the door. There's so much debt in the world, much of it in dollars that are generated from the UK, not the US, that the dollar is in demand to pay it off, making it stronger, whixh makes imports cheaper, but exports more expensive, affecting jobs and businesses in the US.

source
Sort:hotnewtop