THE ENTIRE BANKING SYSTEM IS FRAGILE

Trump is even admitting defeat on the US dollar and there is a time when it took 215 years for the US to get $7 trillion in debt, they did the same thing in 2 years. It is really the end of the road for the US dollar, we are seeing the BRIC getting record support with a record number of applications. The was a clip of the Chinese president and Putin talking about how we bring in change for the first in a hundred years. This is the change they are talking about which is moving away from the dollar. The dollar has shown a lot of weakness, I start to believe what Balaji is saying but you can put a 90 period on that. One reason why a thing Balaji is right is because of Silver Valley Bank. Although they were over-risk adverse, it is micro on the entire bank system.

The entire banking system is fragile, it's still in a lot of trouble and it's fueling crypto. The real scary thing with the currency side of thing is that that include then dumping bonds. Think this is largely with the yield curve is predicting, essentially the bank fail as it predicted in 2008. It has to do with people dumping us dollars and the bonds backing that dollar. The problem you have got like you saw with the yield market in the UK is when you drop the bond, the government has to step in and inflate it. This why a think Bolaji is correct because they have to buy the bond market otherwise your life insurance will fo burst.

I think inflation is going to go down which is going to support the macro upside. I think the FED is done raising interest rates because that is what is drive liquidity. Unfortunately, that came to an end based on the 2-year yield and the market is going to appreciate from there. Speaking of Binance, they have got a massive target at their back. I will like to see them win because I like CZ and I like Binance. Some people might say why would you like centralized exchange? I am very sure 99% of people would not be in crypto if wasn't the centralized exchanges allowing you to buy those cryptos. I think regulations are what will propel this industry into multi-trillion and that will definitely come. I think the United States is trying to work it in the favor and ultimate take out the competition before they put their own insider there.