# Just Don't Dance

**Published by:** [jer979](https://paragraph.com/@jer979-2/)
**Published on:** 2022-10-04
**URL:** https://paragraph.com/@jer979-2/just-don-t-dance

## Content

There’s a scene in the Big Short where the Brownfield Fund guys realize that they are right about the bets they are going to make. And they start to celebrate in the middle of the casino. Brad Pitt rebukes them.[Just Don’t Dance] I was thinking of this last night, literally in the middle of the night, as I honestly felt I had some background processing going on some of the economic news I have been reading over the past few days.the seemingly impending Credit Suisse disasterthe Bank of England’s intervention into the bond marketthe UN’s request to the Federal Reserve to stop raising interest ratesthe seemingly inevitable “doom loop” of Sovereign Debtthe energy crisis in Europe and the efforts to cap pricesand I thought to myself, “these are like cracks in the dam of the fiat monetary system.” It might take a decade for the dam to break, but I wonder if this is what it will take to bring the system to its knees. On the other side, of course, is crypto and Bitcoin. And if I’m right, my thesis has been right. But I’ve long said, “I’d willingly be wrong to prevent the type of dislocation and pain that I think will come as a result of this breakdown than just be right.” No dancing here.

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