No.
If the solution was printing money or exporting, we would 3D print or export ourselves to Mars.
Yes, the Swiss National Bank provided a backstop for Credit Suisse.
Bank banking is a leveraged business. The central banks cannot save everyone.
Ah, the select few. And then what? Riots in the street, dictatorship, communism?
Central banks lead by the Federal Reserve should allow the system to, at least, partially clear.
I vaguely remember an interview with Kara Swisher where she said something like the following: 'They are all capitalists on the way up and socialists on the way down'?
But this could be generalized for technology, finance, automobile manufacturing, etc.
The government cannot and most probably will not save all.
Even if there is a repeat of the 2008-2009 banks, automobile producer's bailout, it should not be on the same scale.
Regarding cryptocurrencies, Silicon Valley Bank and Signature Bank are 'good' starting points.
Bitcoin and cryptocurrencies are the epitome of fintech, and they must prove their resilience, agility, survival skills with minimal government help, if at all. Crypto is fast, which is its main advantage.
Yes, the famous Peter Thiel line 'Every business strives to be a monopoly'.
However, why do we have competition promotion agencies then?
If the US ends ups with 4-7 large pillar, too big to fail banks, this would stifle innovation. Europe is a case in point.
However, there is a huge fight in Europe, brewing underneath the surface between the 'establishment' and the new. The old and the new industries need each other. This is not binary, I think.
In my personal opinion, if oil futures prices fall below 60 USD most oil companies would be undervalued.
Soon gold and silver mining stocks will also be undervalued, according to my opinion.
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