Liquidity, or the lack thereof, is the downfall of every market. And that's the problem, all markets have gotten used to the extraordinary liquidity provided by the central banks for the past 15 years. as it dissipates, markets will crumble. Crypto may be first, but watch collectibles and Fine art, two things that are extremely illiquid and bad at fire sales
Very much appreciate your work. Thank you.
Liquidity, or the lack thereof, is the downfall of every market. And that's the problem, all markets have gotten used to the extraordinary liquidity provided by the central banks for the past 15 years. as it dissipates, markets will crumble. Crypto may be first, but watch collectibles and Fine art, two things that are extremely illiquid and bad at fire sales