A New Disturbance in the Force

The Satellite
62

What are you talking about? You said the government prints money. It doesn’t, in the sense you think it might.

63

So people thought 3 Arrows were the smartest guys out there. Then again. So were the Enron guys

https://www.google.com/amp/s/www.coindesk.com/markets/2022/06/15/three-arrows-faces-possible-insolvency-after-unforeseen-liquidations/%3FoutputType=amp

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64

Same thing, there are different ways to increase $ in circulation.

65

Crypto credibility is hanging by a thread. At 11.5K$ Saylor will refuse to make his margin call to SilverGate, having sold his 19K coins for 220M. Then Lizzie and the regulators will start asking why an FDIC bank is loaning on imaginary collateral. There goes the neighborhood.

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66

So this is the crypto night night,

67

That’s cryptonight to you superman !
Thanks Elon.

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68

Record Debt + Record Interest Rate Spike = ?

As far as red flags go, this is as red as it gets…

69

The bots touting crypto have multiplied recently on Twitter.

70

Global stock markets are still not cheap when measured by the Warren Buffett metric: The global market cap to GDP ratio has dropped to 114% but is still above the 100% threshold. https://twitter.com/Schuldensuehner/status/1538453533757947905/photo/1

71

Gasoline ticking down a bit…
https://twitter.com/hmeisler/status/1538115745925709824?s=20&t=1COisFrA65WXKkUdLBqk1Q

Separately, in crypto-land —
https://twitter.com/MishGEA/status/1538647182785425408

72

The most leveraged, most speculative players in the market are sitting on massive losses.

Best guess is the smallest options traders have taken $600 million+ in losses since Thanksgiving. https://twitter.com/jasongoepfert/status/1538133862915645440/photo/1

73

We’re seeing a violent turn that defies seasonality

Home prices rose 1.5% month over month in May, their smallest increase of any May @Redfin records, which go back to 2012

Seasonally-adjusted home sales fell 3% month over month, their only May decline on record outside of 2020 https://twitter.com/DiMartinoBooth/status/1538677500276088832/photo/1

74

Is this houston or nation wide

75

National

76

I’ve been looking for a place in the Valley. The prices yo yo’d up and now heading down …big

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77

We have been in the process of moving for the last several weeks. The slowing of the housing market has been very noticeable. I’m moving across the country back to Houston and it’s happening in both places.

78

Where in the valley? Ranch or just single family residence

79

Welcome home

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80

On the water. Leaning towards Rio Hondo

81

Nice so in the beach near spacex. How much it’s space x driving up property?