201–202 of 202 posts
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I’m not sure that he will succeed with this move, but his article on Greta is absolute spot on, and I’m saying this as a guy who do not really like Peter
It's spot on to say that Greta Thunberg is the literal manifestation of the biblical antichrist, heralding the end of days?
Earlier quoted context omitted.
Thing is, people dont know what will happen if this bubble bursts. Its so big that it could take with it whole global market. There is no safe asset you can turn into in such a case, digital money would literally mean nothing when whole financial system collapses.
This doesn't track with what happened after previous bubbles. Investors will be sad, but businesses that still do useful work will still have revenue. Why would they be worthless?
It just made possible next one worse x10.
Bailing out 2008 was a mistake. All of those banks were supposed to collapse.
Next burst will be a lot worse. Reason why China, Japan, Europe are all dumping their USD reserves.
Everyone is preparing for inevitable collapse of USD.
It will be devastating for the whole world. Hard to predict how bad tho.