This Credit Cycle Was Made by Central…

Capital Flows

Jul 20

29

2

3

The illusion of stability ends when the central bank bid disappears.

Read →

2 Comments

Orca's Spread

Jul 21

Yeah it is also being perpetuated by shadow banks.

Expand full comment

Great stuff man. Simple and clear. Now, let's make some money

Expand full comment

Reply

Share

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts