Thread by @RealVision

Didn't have time to watch the full episode of The Daily Briefing with @leadlagreport & @AshBennington?

Here's a 🧵 to get you caught up.

1/8 "Believe me when I say this, the #stockmarket will break #inflation faster than the #Fed."

https://twitter.com/RealVision/status/1527015304806662146

2/8 The Fed & policy rate normalization 👇

"...No amount of intelligence increases the clarity of one's crystal ball..."

3/8 @leadlagreport on crashes 👇

"When you have so much leverage, the risk is not that the Fed is late to hiking rates. The risk is that the market crashes and they have to then re-lever it up again."

4/8 "Overconfidence leads to leverage. Leverage leads to crashes."

5/8 "The narrative that housing has to stay elevated because of this housing shortage is complete and utter nonsense."

6/8 "...The best thing to do is go through pain... You're talking about decades of a mismanaged economy that was never really full of capitalists, that decided that debt didn't matter..."

7/8 @leadlagreport on #crypto 👇 #Terra_Luna

"...People suddenly realizing that #stablecoin is a great marketing term, but there's nothing stable about it."

"I don't think a lot of the #BTC maxis have really thought through the implications of words..."

8/8 Final thoughts...

"Betting on the end of the world is a very hard trade, because it only happens once."