Name: BITCOIN WAS BUILT TO ENDURE ECONOMIC CHAOS
Uploaded: 2023-10-12T21:13:35+00:00
Duration: 10 min 21 s
Description: Dive deep into the economic calamity! From spikes in interest rates to the power of Bitcoin in a recession and market crash, understand the factors at play. With a closer look at Deutsche Bank's studi

2 years ago

Dive deep into the economic calamity! From spikes in interest rates to the power of Bitcoin in a recession and market crash, understand the factors at play. With a closer look at Deutsche Bank's studies on global recessions and the current financial climate, it looks like PAIN is coming? You don't want to miss this one!!

There is no second best!!

#bitcoin #btc #marketcrash
#lukegromen #bitcoinnews #cryptonews

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Sauces and Media
► Strange Tides in Global Macro: https://www.onceinaspecies.com/p/strange-tides-in-global-macro: https://www.onceinaspecies.com/p/strange-tides-in-global-macro
► You can’t make this up: 1. Median Mortgage Payment: $2,900
2. Median Rent Price: $1,900. It now costs ~$1,000/month more to buy a house than to rent. Meanwhile, the average new car payment is now at $750/month. The average interest rate on a used car loan just hit a record 14%. All while credit card debt hit $1 trillion for the first time ever with record interest rates of 25%. Basic necessities are becoming unaffordable for Americans: https://twitter.com/KobeissiLetter/status/1707745578761752735
► Deutsche Bank studied 34 past U.S. recessions to identify key warning signs and found that all 4 are flashing red right now: https://archive.ph/td9xa#selection-679.0-679.123

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