Speaking of global de-dollarizarion and the debt bubble ….

the last treasury auction went about as badly as it possible could

We are looking for buyers of our debt and they ain’t there.

Not a surprise to you and I and the spike in the 30 year rate was fun if you are playing the doom bond game

What next Binden? Some fucked up financial engineering is coming soon to fill the void. god help us

Sonatine spoke a lot of the coming consumer auto debt bubble as early as the pandemic. Maybe that was on [redacted]? The high end market is a leading indicator. Falling prices and upside down paper. Porsche is the best and cleanest example of trouble. Tesla is another slightly different example.

You could scoop a former crypto bros Mercedes g-wagon for a real good price now if that was your thing.