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RE: Are we in Bear Market ?

in LeoFinance3 years ago

We are definitely in a bear market and will remain so as lond as the Fed is raising interest rates.

I fear many financial institutions pumped borrowed money into crypto, and now rates are rising they're selling to repay the loans.

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both inflation and interest rates will sky rocket. There will be nowhere to turn, the death of fiat will be messy as hell. Those with bitcoin and gold may hold up better than those without, but then people with just ammunition and farmland will probably do even better.