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"Only when the tide goes out do you discover who's been swimming naked." - Warren Buffett
Corporate debt holders. GE. Turkey. Argentina. Who else is swimming naked?
A hugely expansive market cycle is reaching an end. Economic agents who have been growing unprofitably, fueld by cheap debt, are getting stressed by rising interest rates, and will be exposed one by one.
Who else do you think will be exposed soon?
Can you help answer these questions from other members on NexusFi?
First > all the last retail investors who get / got in at the top / OR have BTFD mentality still.
And ALL of the crypto exchanges that are operating on fractional reserves.
With our political atmosphere and previous government interventions maybe none of them ?
Maybe all well hear is the same crap. ah its ok another 10 trillion $ in debt and all this goes away soon .
