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Your Favorite L1 Was Overpriced | Roundup

Bell Curve

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The Leverage That Driven the Great Financial Crisis

The 10 year US government bond has done in terms of field in the last month. It's down almost 20%. So again, you've got yields going down bonds are getting bid stock market so the S&P 500 is above I think 4k today works close there it's 1939 50. The leverage that drove this particular cycle and unwind was basically like the CFI bucket shops and all piling into the same like two arbitrashes that everyone saw. This makes the world make more sense to me actually because you didn't see this like, Bitcoin should have gone beyond 65 K in the last cycle.

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