The Lesson of 1929: Every major financial crisis, from Wall Street’s darkest day to modern meltdowns, shares one constant — too much debt.
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This is fine: Arthur Hayes's essay on why BTC is predicting an AI-adoption driven financial crisis which will be solved with printed money.
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As ETH staking yields compress to ~3%, investors flock to Liquid Restaking Tokens (LRTs), driving their value to $10B, but the $2.3B in collateral leverage and liquidity risks raise concerns reminiscent of the 2008 financial crisis.
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