Financelot(@FinanceLancelot) 's Twitter Profileg
Financelot

@FinanceLancelot

From the Great White North
https://t.co/nd8vf6YA2o

ID:1265428695939981318

calendar_today26-05-2020 23:44:56

56,4K Tweets

154,3K Followers

365 Following

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If you're wonder why they're called the 'PayPal Mafia,' it's because they took this magazine photo before they left.

If you're wonder why they're called the 'PayPal Mafia,' it's because they took this magazine photo before they left.
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1998 - Asian Financial Crisis *Banks* (Liquidity Crisis)
2001 - Dot-com Bubble (Insolvency Crisis)
2008 - Lehman *Banks* (Liquidity Crisis)
2011 - European (Insolvency Crisis)
2020 - The 'virus' *Banks* (Liquidity Crisis)
2024? - .......................... (Insolvency Crisis)

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So this is interesting, the 3 month recession probability indicator on the Dow Jones is now at 90%, the highest it has been since 1949.

So this is interesting, the 3 month recession probability indicator on the Dow Jones is now at 90%, the highest it has been since 1949.
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The Forgotten Depression of 1920-1921

The recession of January 1920–1921 was the result of an unnecessary contraction in monetary policy by the Federal Reserve. High interest rates due to the Fed's effort to fight inflation caused the problem. This did not cause a deficiency in…

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Why Germany experienced hyperinflation in 1921 while the U.S. experienced a 18 month deflationary depression

youtube.com/watch?v=cZBDyr…

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BREAKING: πŸ‡ΊπŸ‡Έ Republic First Bank collapses and is seized by regulators.

RFB has assets totalling $6 billion

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