Author: arndxt, encryption KOL
Compiled by: Felix, PANews
We are currently at the end of an extremely financialized cycle.
A altcoin can rise tenfold within a month, but it may also drop 20% in a single day, while CT would be surprisingly astonished. Currently in a bubble market, but the bubble is only a surface phenomenon. The deeper issues lie in liquidity, distortion, and a civilization that is gradually collapsing under its own contradictions.
The S&P 500 index has reached a new high, and people are cheering. But if we take a step back, this so-called historical high is merely an illusion of liquidity, measured by a currency that has no support and is driven by inflation. Adjusted for inflation, the S&P index has made no progress since the 2000s. This is not "growth," but a chart of the money supply.
Moreover, the Federal Reserve will not cut interest rates next week. The optimistic scenario is in September, if the economy...