Race to the bottom.
This is a global synchronized debasement.
All fiat currencies headed to total value destruction. pic.twitter.com/dDBZZlwnbw
— Otavio (Tavi) Costa (@TaviCosta) July 24, 2020
Liquidity is not a cure for insolvency
You can default on debt or default on fiat
You can die from thirst but also die from drowning
— Christopher Cole (@vol_christopher) July 25, 2020
…and in Italy 40% of companies are expected to go bankrupt.. I don’t know how it is the situation in all Europe but if it will get worse.. 🧨
— Alessio Urban (@AlessioUrban) July 25, 2020
So much printing so little velocity. pic.twitter.com/tkh0XX64PO
— Sven Henrich (@NorthmanTrader) July 25, 2020
If QE and negative/zero rates worked we wouldn’t need QE and negative/zero rates.
— Sven Henrich (@NorthmanTrader) July 24, 2020
CNBC – "A weaker dollar could boost stocks"
so in theory if the dollar goes to 0 stocks go to infinity?
— StockCats (@StockCats) July 24, 2020