bitcoin is accurately smelling trouble right now. the US is going to have to inject some of that sweet sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom View quoted note →

WHEN THEY PRINT THE MONEY…ALL ASSETS GO UP…WHICH TAKES THE PRESSURE OFF THE BANKS…DON’T WORRY ABOUT THOSE BANKS…AND IF THEY DO GO KABOOM - EVERYONE ELSE IS GOING TO BE JOINING THE NETWORK REAL QUICK-LIKE YOU HEAR ME :) IT WILL BECOME THE ONLY MEDIUM OF EXCHANGE USED…

Regional (small) banks have a bit under 50% of the commercial real estate market. This market has been in deep shit for quite some time. The loans are written for much shorter periods than residential real estate. Occupancy rates are down and continue to drop. Interest rates are up. When these loans come due the buyer will turn in the keys as opposed to being upside down. Has been a slow grind the past few years and under reported. Just one rather large piece of shit to hit the fan in the everything bubble.

I knew the commercial real estate market has been in trouble since 2020, but didn’t realize the regional banks were the ones holding the bag. Fascinating. And scary. Gonna be a wild ride. Thanks for sharing!