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GreatAwakening
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Reason: None provided.

I have been predicting for awhile I think gold and crypto will be sold off like in March 2020 from banks collapsing. Then most people will be afraid to buy either.

Reverse Repo empties + BTLP (possibly) ends in March -> Treasuries must be bought on the open market -> i assume govt keeps borrowing like they do now or more. -> Treasury yields spike dramatically -> more banks fail, having to sell more off -> causing treasury yields to rise causing bank contagion.

As Treasury yields rise, it's considered less risky and more money is sucked out of the economy into useless Govt debt. More businesses collapse because there is less money available for business loans.

Less taxes from businesses and unemployed means govt becomes less likely to pay debts with taxes. Treasury bonds are sold as a result causing yields to go up.

Derivatives pop from banks failing, collapses monetary system. US govt asks for loan from BIS and/or IMF who issues SDR or other basket of currencies in the form of a CBDC. Many central banks will be bailed out this way and given CBDCs. I believe this is their plan to introduce CBDCs. Suffering will be so high, people will be begging for anything as long as they can eat..

My initial theory of a smaller crash following a bigger one is running out of time. It'll likely become just one big and fast market crash. I think by the end of first week you won't be able to use bank account anymore.

1 year ago
1 score
Reason: Original

I have been predicting for awhile I think gold and crypto will be sold off like in March 2020 from banks collapsing. Then most people will be afraid to buy either.

Reverse Repo empties + BTLP (possibly) ends in March -> Treasuries must be bought on the open market -> i assume govt keeps borrowing like they do now or more. -> Treasury yields spike dramatically -> more banks fail, having to sell more off -> causing treasury yields to rise causing bank contagion.

As Treasury yields rise, it's considered less risky and more money is sucked out of the economy into useless Govt debt. More businesses collapse because there is less money available for business loans.

Less taxes from businesses and unemployed means govt becomes less likely to pay debts with taxes. Treasury bonds are sold as a result causing yields to go up.

Derivatives pop from banks failing, collapses monetary system. US govt asks for loan from BIS and/or IMF who issues SDR or other basket of currencies in the form of a CBDC. Many central banks will be bailed out this way and given CBDCs. I believe this is their plan to introduce CBDCs. Suffering will be so high, people will be begging for anything as long as they can eat.

1 year ago
1 score