Bill is interviewed by The Market Sniper (Also posted under Interviews)
The latest from USA Watchdog –
Bill’s Commentary:
“When you pay something for nothing, why would you expect to get anything more than “nothing” back? “
What the hell happened to NFTs?
https://www.telegraph.co.uk/art/artists/rise-and-fall-of-nfts/
Bill’s Commentary:
“The real economy stops dead in its tracks when credit seizes up…”
Race To The Financial Dung Heap
As I wrote just weeks ago, I believed (and still do) that any new market collapse could come at the hands of crypto and/or stablecoins, which have in many ways become an essentially unregulated $4 trillion slush-y money market fund reminiscent of 2008.
But watching the headlines coming out of commercial real estate, private credit and subprime auto over the last week or two — and I’m not certain we don’t have a new leader, or leaders, in the nationally televised Race To The Financial Dung Heap™.
Let’s try to make this case as clear and as simple as possible, with examples and charts for people with very short attention spans, like myself.