actually curious about thishttps://twitter.com/turtlekiosk/status/1241543259480080386 …
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Are you aware the financial system is collapsing
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Replying to @eigenrobot
This is legitimately something I have been very concerned about. There's fuck all I can do about it, especially now. But I am definitely worried about what life looks like 12-18 months from now.
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Replying to @eigenrobot
The only silver lining is markets seem to be entirely ok with Central banks having big black boxes worth trillions in assets with untested valuations. That bodes well for all manner of social projects.
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Replying to @eigenrobot
We are talking about a WHOLE lot more this go round. AFAIK this first package is going to be bigger than TARP. Plus Fed and the Repo market pre-covid was already pushing 80-120 Billion a day in overnight loans. Healthy markets don't need that much influence.
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The fuck is happening