Jeff Booth on Nostr: The reversal of the carry trade could turn into a margin call on the financial system ...
The reversal of the carry trade could turn into a margin call on the financial system with EVERY asset (most illiquid) tied to that very same financialization and leverage.
That leverage unwind will (if left unchecked) take down major players.
Ie - Massive manipulation of money incoming (liquidity) or deflationary spiral. Likely both (depending on timing and your country)
Good thing there is a protocol stack bounded by energy that is open, decentralized and secure.
#Bitcoin.
Published at
2024-08-05 12:57:11Event JSON
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"content": "The reversal of the carry trade could turn into a margin call on the financial system with EVERY asset (most illiquid) tied to that very same financialization and leverage. \nThat leverage unwind will (if left unchecked) take down major players. \nIe - Massive manipulation of money incoming (liquidity) or deflationary spiral. Likely both (depending on timing and your country) \n\nGood thing there is a protocol stack bounded by energy that is open, decentralized and secure. \n#Bitcoin.",
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