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Rabbit Hole Recap #244: Bitcoin Fixes This

Rabbit Hole Recap

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Credit Swiss Credit to False Swap Spreads Exploded Higher

The probability of Credit Swiss going under if you're using the CDS markets as a barometer is almost certain. I think they're seeing it as an opportunity because in the last week alone, we've had China open up a trade partnership with Iran. The weaker economies fail first. Then the US dollar continues to falter. Continues to run hot. Inflation is just going to get worse from here. As that trust breaks down, we're left with a single option left over, which is Bitcoin to settle all these trades.

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