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Dalio on why this bigger than people think. "It's not [just] a banking issue. It is a global issue...all sorts of entities, pension funds, insurance companies, all around the world...there was a lot of buying of these government bonds. Which have gone down in value..."
1,276,939 görüntüleme • 3 yıl önce •via X (Twitter)
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Clip from @TomBilyeu and @RayDalio's excellent interview here, which has racked up >2M views in two weeks.

Really hope you and I can continue this conversation @balajis . Your insights here are incredibly important to this moment.

Totally agree. It’s a huge web of lies. All intertwined. Literally. My insurance company has been unreasonably courting me to add to my premiums. They’re running out of money. People have been withdrawing their cash out of banks in favor of money market funds.

Oh dear … how bad is this. Savage boomer vibes.

What did you think of Hugh H interview where he said they would stop bank withdrawals?

It's not a bank collapse, it's a system collapse...USSR 1991…

This is true but also why we have a little thing called “duration risk” Low-yielding debt instruments tend to have the highest duration risk in rising interest rate environments It’s finance 101 stuff and these managers should have prepared

I don’t think Ray Dalio can be trusted.

Does #Bitcoin fix this, @RayDalio? If so, how?🤔

Just getting started

