SteadyTech on Nostr: ...

quoting nevent1q…ktws

🚨 It's September 4th 🚨

Two prior financial crises began on this day.

1️⃣ Panic of 1873: On September 4th 1873, Jay Cooke & Co. failed, causing markets to turn, later leading to a bigger crash and global depression. It was caused by over-expansion, just as today’s AI and tech sectors face overvaluation concerns.



2️⃣ Crash of 1929: On September 4th 1929, markets began to turn, eventually leading to black tuesday, or the great crash of 1929. Today's manufacturing slowdown and high interest rates mirror the economic strains of that era.



It's now September 4th 2024 and the markets are turning.

Seasonality is real, and I've been warning that September is likely to be down.

But don't panic. Unlike 1873 and 1929, our governments have massive intervention capability, and they will use it.

It's all cycles.

September is for stacking.

#Bitcoin #Plebchain #nostr #finstr #zap