@jeffcliff @Hyolobrika Even a stopped clock is right twice a day.
We're seeing the consequences of the everything bubble caused by governments going above and beyond to hit the gas and pretend everything is fine while the world has been consistently on fire for decades.
You can't be high on crack cocaine 24/7 forever. Eventually the patient dies. The fact that the patient seems ok when you give another hit off the pipe and seems confident in their scheme of the week isn't meaningful to the prognosis.
There's a ton of investments that aren't priced remotely correctly because of unimaginable levels of interference in the market by governments and central banks. the signals the market are giving us aren't necessarily useful signals because of that. Money isn't going into fundamentally good investments, just whatever risk assets appear to be going up because people are desperately trying to keep their purchasing power during a stagflationary recession.
We're seeing the consequences of the everything bubble caused by governments going above and beyond to hit the gas and pretend everything is fine while the world has been consistently on fire for decades.
You can't be high on crack cocaine 24/7 forever. Eventually the patient dies. The fact that the patient seems ok when you give another hit off the pipe and seems confident in their scheme of the week isn't meaningful to the prognosis.
There's a ton of investments that aren't priced remotely correctly because of unimaginable levels of interference in the market by governments and central banks. the signals the market are giving us aren't necessarily useful signals because of that. Money isn't going into fundamentally good investments, just whatever risk assets appear to be going up because people are desperately trying to keep their purchasing power during a stagflationary recession.
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@jeffcliff @Hyolobrika Although this isn't it, I think there are applications for blockchain technology similar to this that could be big industries by themselves. The key is that the technology won't be front and center, it'll be something that adds to an existing real asset somehow.
@jeffcliff @Hyolobrika Imagine using distributed ledger technology to keep track of who owns what stocks. It would almost be dangerous for the levels that an impartial arbiter like that would prevent fraud such as what I'm fully convinced occurs in derivatives markets.