Quote Originally Posted by Tellafriend View Post
Quote Originally Posted by Sanlmar View Post

The stable coin thing is just a construct to increase the treasury market. More “need” for treasuries. Crypto gamblers and your mother’s 401k can wheel and deal without using vile US fiat.

Borrowing is above trend from previous years. Worse than ever. brrrr

You are seeing the board clearly Tella. Fuck, you introduced me to the board years ago.

I went to an open house with a female relative. House was a modest ranch that was renovated for a flip by an investor. Asking $650k and closed 2 days later $100k over asking. I can’t shake that recent experience. Assets are going nuts. Brrrr

1. Another debt milestone. The U.S. national debt officially crossed $37 trillion last week. The U.S. has now added more than $780 billion in debt since the debt ceiling was raised on July 4, when President Donald Trump signed the “One Big Beautiful Bill Act” into law. That represents roughly $22 billion in new debt per day. Repeat after us: the spending will never stop.



https://twitter.com/Cobratate/status/1958121399018467803