BRIC Bank of America issues warning of-us dollar collapse
💸 US DOLLAR COLLAPSE 💵
https://watcher.guru/news/brics-bank-of-america-issues-warning-of-us-dollar-collapse#:~:text=Bank%20of%20America%20warned%20in%20the%20latest%20piece,Hartnett%2C%20Chief%20Strategist%20of%20Bank%20of%20America%20wrote. https://x.com/thehill/status/1765856467599417793 Setting the stage.
Prices will fall another 10% in 2024, he estimated, making for a 20% peak-to-trough decline. Some commentators have warned of an even more severe crash coming for commercial real estate. One NBER paper estimated that total losses in the CRE space could pile up to $160 billion.
- forward loans will reset at higher interest rates.
Silver and gold to the moon.....
You might want to check the chart of crypto in general. In particular look at BTC, TAO, KAS, NMT, SMH, AIT, Maga Trump.
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Given alt-coins heavy reliance on BTC's own performance, and BTC's heavy reliance on the USD/easy money (Tether, Grayscale), it's dubious if BTC will withstand the mother-of-all-crashes, and beyond unlikely for basically any altcoins.
Remember, BTC has not been battle tested outside of the Coronavirus dump, and the Federal Reserve sent the price of everything to the moon back then.
ETFs are wall street’s capitulation to BTC. It will become the new gold safe haven asset. Any other crypto is speculative. BTC is the new store of wealth. Come back in 10 years and say I’m lying :)
Lol no, in no case has an ETF positively benefited the end investor or underlying asset. ETFs are the method of control for Blackrock and co by futhering the "You shall own nothing and be happy" motto of the NWO, via quite literally taking YOUR money and holding the item in THEIR name.