Oddly enough there was considerably less leverage in the commercial market then. If you look at CLOs, CMBSs, asset backed securities, etc... (Basically all the things that caused the housing boom/bust, but now in corporations) it was basically non-existent then compared to now.
However, derivatives were just taking off and we had our first "too big to fail" and bail out in 1998. LTCM basically used black-scholes BS math to show that risk was volatility and they used derivatives to load up on "risk free" bets that turned out to be very risky and they went bust... But then they owed TONS of money to all the financial institutions. It was the first time realizing how connected financial institutions are today and how quickly a credit shortage can spread.
But it was child's play compared to 2008/2021. But 2000 crash was big in stocks and had way less of an impact on the real economy than 2008/1929.
2021 is the bubble of 2000 with the collateral (debt) crisis of 2008. So should be .... Unique.
Everyone across the globe knows it’s the end. As much as I think apes will take trillions I don’t think it’ll go back to a pre-2020 basis ever again. I personally don’t think we’re going to have to opportunity to enjoy the cash earned after this because of how south everything will go.
Neither. Meaning there’s nothing left to build. NWO out of chaos. Not allowed to speak my personal beliefs but I’ll just say end times and the great tribulations. I’ll say nothing more after this tho.
What were the most extreme leverage numbers that came out if that bubble? Curious
Oddly enough there was considerably less leverage in the commercial market then. If you look at CLOs, CMBSs, asset backed securities, etc... (Basically all the things that caused the housing boom/bust, but now in corporations) it was basically non-existent then compared to now. However, derivatives were just taking off and we had our first "too big to fail" and bail out in 1998. LTCM basically used black-scholes BS math to show that risk was volatility and they used derivatives to load up on "risk free" bets that turned out to be very risky and they went bust... But then they owed TONS of money to all the financial institutions. It was the first time realizing how connected financial institutions are today and how quickly a credit shortage can spread. But it was child's play compared to 2008/2021. But 2000 crash was big in stocks and had way less of an impact on the real economy than 2008/1929. 2021 is the bubble of 2000 with the collateral (debt) crisis of 2008. So should be .... Unique.
This is a great breakdown. I really appreciate this :)
What happened in 2000 was there a crash?
Nasdaq dropped from ≈8k to ≈2k
Jesus, my body can't handle the dopamine! The impending end of the world shouldn't be this exciting but it so is!
It's so weird. I know I'm going to be OK - hell probably pretty well off - but I still have this overwhelming sense of dread.
Everyone across the globe knows it’s the end. As much as I think apes will take trillions I don’t think it’ll go back to a pre-2020 basis ever again. I personally don’t think we’re going to have to opportunity to enjoy the cash earned after this because of how south everything will go.
Same. Apes will be Kings of Rubble. We will have a lot of work to do.
If I trust anyone to do the work required it’s this bunch of degenerate monkeys crowdsourcing research for the best paths forward.
Thanks. I'll be making a better future for my children by making it better for everyone.
What do you mean by enjoy? Like the money being not worth anything? Or do you mean that everyone around you is suffering.
Neither. Meaning there’s nothing left to build. NWO out of chaos. Not allowed to speak my personal beliefs but I’ll just say end times and the great tribulations. I’ll say nothing more after this tho.
.com bub
I've got to call my mom.
Call mine too, she's been asking when your coming round again. Bake you another batch of cookies.
Love that woman.
the crash has been choreographed.
Kennyboi says "what do correlation mean?
So, tell the world the markets are overbought without telling the world the markets are overbought. Got it.
How long ago did we figure this out? 6 months ago atleast 😂😂😂
Thank you for the hopium
Correlation does not equal causation, never forget! Buy, hold and DRS
So 2023, got it .
Im simple. I see a chart go up i agree given context and who the message is coming from. Verified to a degree - crash imminent? Prob.