This is very much like the bubble in synthetic asset backed CDOS before The Great Financial Crisis.
Total Margin Debt:https://t.co/4yMXIe42H6 Bubble: $450 BillionGreat Recession: $400 BillionNow: $850 BillionThis is very much like the bubble in synthetic asset backed CDOS before The Great Financial Crisis. — Ben Rickert (@Ben__Rickert) July 8, 2021 2008 5x minimum. Look out below. …