What is this TPT thing? Showing on the top of CMC?

_In fact, it's possible we have already seen the lows._

The lows have not even warmed up yet.
There is only one end result of massive QE. 
Just the one.
Unless you think modern monetary theory -MMT- is reality of course - and if that's the case, you're mentally ill. (not 'you'. 'you' as in a general you)

Somehow the Short-Certificate of a friend works strange. As he gains profits while the Dow is increasing ;-)

Yep )

If you bought the dip, you may want to consider selling before the crash. I will be Dr Doom (Nouriel Roubini) for the purpose of this post. 

The US gov / Federal Reserve will leverage up the ~2 trillion to 18-24 trillion which should last 3-5 weeks. At which time they will be back for more. 

The markets were already over leveraged circa September 2019, when the Fed opened the repo window and started pushing billions to the banks. Ironic that this occurred during the "best US economy" in living memory.

The Banks need the bail out cash now in part because the basic tenants of the banking business model, use fractional banking to take deposits and loan out multiples of that. However with extremely low interest rates the spread has not been enough for banks to earn their historical profits. Thus came the ballooning of the synthetics securities markets. The banking system has now created a derivatives market estimated to be between 1,200 trillion and 1,600 trillion (I know it's a quadrillion, just cant make myself use this term yet) that is becoming unstable. These securities at this level are a ticking bomb with the instability and uncertainty the virus has caused, and the bomb is thermonuclear. It will not just take out one bank in the US or three, due to the spreading of counter party risk it will take down the global financial system. This will not occur over a period of weeks as in the 2008 melt down, it will happen in less than 36 hours.

Nothing will work, credit cards, debit cards and other remittance systems. Not only will these systems freeze up, the banks in G20 countries will take depositors funds in what is referred to as "bail in laws" put in place after the 2008 Great Recession. Meaning money you have in the bank will be **gone**.

> Bank Bail-in Laws
Since the end of 2014, new G20 Bank Bail-In Laws have been signed and put into supra-national law.
Average bank depositors are now legally treated as unsecured creditors even in the largest economies of the world.

[Source](https://sdbullion.com/blog/new-financial-crisis-laws)

Hope I was able to deliver as promised as Mr Doom! In short if you are blogging to make some small money, you are and me are screwed. Actually most millionaires are screwed.

The good news is that the US, China, EU and many other countries have been ready to roll out a digital currency. While this provision was removed from the US multi-trillion bail out bill this week, it is currently in two other bills. This will be so exciting to have all governments know every penny you move. I also expect they can debit your wallet without your approval. Gov's have wanted this level of control for over a 1000 years.