Race to the bottom. This is a global synchronized debasement. All fiat currencies headed to total value destruction.

https://twitter.com/vol_christopher/status/1286996449625026561

https://twitter.com/NorthmanTrader/status/1287039440108560384

https://twitter.com/NorthmanTrader/status/1286711396042973184

Nearly 25% of all loans, credit cards and mortgages are in financial hardship programs

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