RE: Question17 Aug 2023 23:54
His exposure is $1.6bn, that's fairly to understand. His puts are on S&P500 and Nasdaq100 Indices, that info was provided below so you don't need to remember it, just read it.
Additionally, Buffet's fund has sold net $8bn this year despite Wall Street's gains of 17%.
These people see it. I see it. The Maths really isn't difficult.
Idiotic increase in money supply directly parachuted into the economy this time, even more idiotic and pointless/failing measures (rate rises) to try and tackle it without understanding that retail borrowers aren't nearly as connected to the bank rate as they used to be when interest rate rises could control inflation.
Suicidal energy policies leading to dependence on other countries for energy security. Ballooning public sector and immigration crisis.
Who is going to pay the surging demand for tax pounds when the urging demand for mortgage repayments consumes all cash?
There's a crash literally on our doorsteps. America is some 4 months ahead of us on the curve