This time isn’t different
New post is up: on the mechanics of the current crypto crisis, how it compares to the global financial crisis, what we can learn from 2008 and what this means for decentralised finance going forward!
Twitter summary:
1/🧵 Today is the 15 year anniversary from when Bear Stearns bailed out two of its hedge funds, marking one of the first publicly visible signs of the GFC!
— trevor chow (taylor’s version) (@tmychow) June 20, 2022
In the midst of crypto’s 2008, what exactly is going on? And how does it compare to the GFC?https://t.co/D4zXOD0G12
Don't miss what's next. Subscribe to Trevor's Mostly Economic Musings: