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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Qone0 who wrote (43839)11/18/2021 3:02:20 PM
From: Real Man  Read Replies (1) of 97561
 
In most countries that abuse the printing press the debt issue is resolved by a currency crisis,
which involves a currency drop, interest rate spike higher (bond crash), and stock market bear.
But but but US of A is exceptional and it does not happen here.

Russia 1998 default was on home currency denominated bonds. Derivatives geniuses assert this never happens, and that was why LTCM got bankrupt
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