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Basically, its gonna suck.
Most people aren't aware of this, but what they did to "fix" the 2008 financial crisis, was an ongoing thing. Quantitative easing (the federal reserve buying bad debt to add to their balance sheet) never stopped after 2008. They tried to bring it back around 2018, but January 2019, the stock market saw that huge 30% crash so they had to bring the punch bowl back out.
That's why I knew this time would be worse. They didn't have "the thing that 'fixed' 2008" in their toolbox because it was actively in use the entire time. So every risk of a recession we see, the fed has to do double what they did before to "fix" it.
Where do we go from here? As Bitcoiners, in bear markets we build. Hopefully what we build is a lifeboat that stays afloat during the hardship.
CRAIG WRIGHT IS A FRAUD. HODLONAUT IS A HERO.
I'm still being sued by Craig Wright along with a bunch of other devs. So this win directly affects me. Best case is some prosecutor finally does their job and arrests Craig Wright for perjury.