this is why funding repo rates are a very useful indicator if you're just arriving here - read the previous posts ๐ you can also follow along the quoted posts from below. just click on it โฌ๏ธ
smaller busts precede larger busts whichever is the ultimate resolution of the bubble - repricing will occur for some assets this will be good, for others - not so much even in the same asset class different assets perform differently (think manufacturing vs tech stock)