Financial Avalanche as Bank Reserves Dry Up | Rafi Farber

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Rafi Farber (https://endgameinvestor.substack.com) dives deep into the shortcomings of accounting gimmicks in tackling the U.S. debt crisis, stressing that these tricks can't change the harsh physical realities of the situation. He examines the troubling signs of a weakening dollar, the growing significance of the Treasury’s draining account, and the looming risks of a potential financial avalanche. Farber also delves into the peculiar dynamics of interest rates in today's market, raising concerns about their long-term implications. While many view Bitcoin as a safe haven, he’s highly skeptical, warning that it’s nothing more than a bubble waiting to burst.