Discussion about this post

User's avatar
Erlich Von Reynolds's avatar

My understanding of all of this is so many levels below you. I am an engineer by trade who graduated in 2010. The job market was non existent. As such, I have always been interested in the GFC, what caused it and how we “got out of it”. I saw your posts after the Michael burry retweet and haven’t stopped following. I have more or less come to the conclusion that we did not recover, we simply kicked the can down the road and are being led through a jungle as the fed uses a dull knife and a broken compass to forge a new path through thick foliage.

Your posts really are much appreciated, but also terrifying.

Thanks again TLBS and keep it up

Expand full comment
The Great White North's avatar

"With liquidity policy, the Fed grabs an oboe and plays it with a leaf blower."

Great article, very informative. Well it was after I stopped to wipe the tears from my eyes after laughing so hard at this line.

Right now we're all at the Indy 500 and watching the cars races around, but it's just a matter of time until there's a crash. The only question is where will it happen on the track and what will be the cause.

Expand full comment
36 more comments...

No posts