The massive Anchor DeFi ponzi is rapidly plunging deeper into a death spiral. Deposits skyrocket while Borrows wane. They can’t reduce their 20% ponzi yield without triggering a mass exodus.

by DontMicrowaveCats TL;DR- Anchor Protocol is one of the biggest Ponzi schemes in DeFi. They promise people who deposit UST stablecoin to their platform an eternal 20% yield. The only way they can pay this yield is through borrower interest …

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Hiring problems are mounting unusually rapidly and unusually high…. This, coupled with high inflation prints could certainly raise the prospects of wages pressures.

The European Commission quarterly survey shows that hiring problems are mounting unusually rapidly and unusually high. The level is 4 std dev away from its long-term average! This, coupled with high inflation prints could certainly raise the prospects of wages …

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The cost of denial has been rapidly outstripping inflation. The option of downsizing the consumption addict lifestyle is trusted to Ponzi markets now. Soon it won’t be an option at all.

The cost of denial has been rapidly outstripping inflation. The option of downsizing the consumption addict lifestyle is trusted to Ponzi markets now. Soon it won't be an option at all. This shows the distribution of costs for extreme weather …

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