Randy Woodward Profile picture
Bonds 30+ years. Bloomberg '88 to '95. https://t.co/3mQ4mVRjga
Mar 16, 2023 4 tweets 2 min read
Whoa! Discount Window! I'm going to assume that most of this will move to the better terms of the BTFP over the next week. I can't see why it would not.
Apr 2, 2020 5 tweets 3 min read
Ok, #Fintwit friends, steady yourself for this feedback from a bank client in Massachusetts: "Some FYI from Main Street USA".
Feb 11, 2018 4 tweets 2 min read
Global debt.
2007 = $57 trillion.
2017 = $233 trillion.

That’s a lot of kindling! I believe the "end-game" is when some debtor of significance, possibly a country, finally gives up on their debt and heads home, effectively lighting the match and leaving Rome to burn. There's an underlying asset that supports a debt, but not if that asset no longer has value.