>>62721541Booleash xrp 37500 tumorweeks!
>>62721541The rates don't matter if you decide it's beneficial.
>>62721541ZOOM OUT
>>62721601I did. It's not looking good
Future government funding in a nutshell. 10yr becomes the new 30yr. The 2yr become the new 10yr. Shorter terms become money printing. An unstoppable geyser of money printing is about to be set off
>>62721541what if it goes to 100%?!
I work in morrgage. Its over for me
>>62722158The US collapses around 6 - 7%
>>62722158It would be extremely painful
>>62722158banks will start folding if it gets to and stays at 5.3%ish. it's only worse above that.
>>62722191poor people lose gibs
>>62722199Bullish on Bitcoin
>>62722197You’re a big guy
>>62722199why would bank collapse? it's the state that is going bankrupt. Unless they have extremely high exposure to bonds they shouldn't automatically collapse
I’m so lucky to be too stupid to understand what any of this means
>>62722951Why are you even here if you dont understand bonds?
How do I profit off this? And by profit, I mean lose less money than everyone else?
I'm a PM schizo that works in an industry that makes rocket parts, I'm comfy.
>>62723146Sell dollars for rupees and buy a hut in Dharavi
>>62723155I'll pass
>>62723148>the entire economic framework that enables the baseline existence of my country is collapsing but im working in a slightly less exposed industry so things will be good for me I guessthe collapse of society will kill you too, keep coping
>>62722846for you
>>62723197Yeah but it will kill idiots like you first.
>>62723148>>62723206based
As a europoor, how do I financially benefit from this?
>>62722894they hold somewhere around 5% of the us debt, but it's not just thatthey are also indirectly exposed via all the loans they issue to private sector. banks look into their applicant's balance sheets, see US bonds among other things, they perceive the bond as a very-low/zero risk asset which makes the applicant's ability to stay solvent more likely, they grant the loanif US defaults, private sector firms who held significant amount of bonds go bankrupt, so now the banks who issued loans to these firms are also exposed to ruin even if they never touched a US bond
