One can only hope. Economic reset incoming. Derivatives bubble will collapse. Even that fraction of 1% which is unbalanced represents trillions of dollars. Pandemonium will ensue as systemic counterparty risk bankrupts everyone. When people realize their 401k's have been annihilated and they no longer have anything left to protect, we will finally be at the precipice where all will be ready for change. Everyone will be looking for someone to blame, and the deep state will be vilified and serve that purpose.
It has been a long time coming, but I can finally feel it in the air. Sure, it will be painful for a short period, but I am finally starting to feel genuine hope. Can't wait for the collapse, take back, and rebuild phase to begin. Just wondering what things are really going to look like on the other side...
Sure, it will be painful for a short period, but I am finally starting to feel genuine hope. Can't wait for the collapse, take back, and rebuild phase to begin.
Just for fun
In your opinion how short a period? And do regular-guy investors need to react by moving their money out of their index mutual funds, or just sit tight and wait for it all to come back—with interest?
(Obvious Disclaimer: not taking financial advice from random strangers on the Internet :)
Not the OP, I'll let them respond for themselves. Answer this question: Why is Blackrock buying up huge amounts of real estate at above (already inflated) market prices right now? I can only assume that Blackrock knows that our current money will have no value soon but real assets will. No matter what currency system awaits on the other side of the reset, hard assets will always have a relatively consistent value when compared to the economy in general.
That's right. Paper is well, paper. Real assets, ie. real estate, gold and silver, will maintain value as they have throughout history. Paper or electronic bets, not so much...
One can only hope. Economic reset incoming. Derivatives bubble will collapse. Even that fraction of 1% which is unbalanced represents trillions of dollars. Pandemonium will ensue as systemic counterparty risk bankrupts everyone. When people realize their 401k's have been annihilated and they no longer have anything left to protect, we will finally be at the precipice where all will be ready for change. Everyone will be looking for someone to blame, and the deep state will be vilified and serve that purpose.
It has been a long time coming, but I can finally feel it in the air. Sure, it will be painful for a short period, but I am finally starting to feel genuine hope. Can't wait for the collapse, take back, and rebuild phase to begin. Just wondering what things are really going to look like on the other side...
Just for fun
In your opinion how short a period? And do regular-guy investors need to react by moving their money out of their index mutual funds, or just sit tight and wait for it all to come back—with interest?
(Obvious Disclaimer: not taking financial advice from random strangers on the Internet :)
Not the OP, I'll let them respond for themselves. Answer this question: Why is Blackrock buying up huge amounts of real estate at above (already inflated) market prices right now? I can only assume that Blackrock knows that our current money will have no value soon but real assets will. No matter what currency system awaits on the other side of the reset, hard assets will always have a relatively consistent value when compared to the economy in general.
That's right. Paper is well, paper. Real assets, ie. real estate, gold and silver, will maintain value as they have throughout history. Paper or electronic bets, not so much...
Do you mean paper bets like silver and gold that are getting pounded as we get closer to Oct? It may be closer to the moon than we think.