বাজার যদি সৎ হতো?

চেইনটি िখল

আমি একসময় yield-এর पछाड़ि मिरेज—পরব, चेइन पढ़े लर्न कोर। शीरल हेडलाइन्स। वॉल स्ट्रीट PR-एর ध्वनबाइट्स। कিন्तु daata: unvarnished, cold, and exact.

U.S. Treasury-এर $7T liquidity surge–এটि policy–নয়—এটি arithmetic in motion। short-term debt yields 4% 넘े—Fed hawks panic–এর कारणে नয়, market finally saw through ‘permanent growth’-एর fiction। long-duration bonds? sell–হচ্ছे—not despair–এর कारণে—কিন্তु price reality-কে reflect करছे نা।

The Quiet Revolution

CBO-এर $3.4T deficit projection (2025–2034) ‘crisis’ –শবদ करছे नা—‘inevitability’ –শবদ कরছे। listen–করলে? bailouts–एর प्रশ্ন stop, transparency –এर प्रश्न start。

We’ve traded spectacle for substance: zero tolerance for misinformation; high sensitivity to clean data flows; an aesthetic of minimalism in a world built on noise.