A WORLD OF DEBT! $69,000,000,000,000 & forever ever ever ever growing!

[comagnum]

In 5,000 years of human history, were have recently been at an extreme, something that has never happened before with interest rates going to 0 or negative in Europe.

The central banks have gone way to far & now they are trapped. We have the weakest 'recovery' in US history - this will not end well!

 

[dozu888]

In 5,000 years of human history, were have recently been at an extreme, something that has never happened before with interest rates going to 0 or negative in Europe.

The central banks have gone way to far & now they are trapped. We have the weakest 'recovery' in US history - this will not end well!

View attachment 213496

nobody knows how it will end.. so investors need to be careful not to fall into the conventional wisdom trap.

it's a comfortable trade to buy gold/silver bars, but it hasn't worked too well.

usually the uncomfortable trades are the most profitable, because when you enter it's so much against human nature that the trade is not crowded yet, then gradually the picture turns rosy and more people come in to make your position profitable.

meanwhile, why not listen to what the market is saying..

 

[Nobert]

it's a comfortable trade to buy gold/silver bars, but it hasn't worked too well.

That's a longest add i ever seen, without realizing,
(received in recommendations on history videos, next to battles etc.)

the whole channel is pushing hard on gold and silver since they sell it.
(and it has 440k subscribers)

For fun, one can check comment section as well, lots of judgment day/armaggedon related comments.

 

[comagnum]

nobody knows how it will end.. so investors need to be careful not to fall into the conventional wisdom trap.

it's a comfortable trade to buy gold/silver bars, but it hasn't worked too well.

usually the uncomfortable trades are the most profitable, because when you enter it's so much against human nature that the trade is not crowded yet, then gradually the picture turns rosy and more people come in to make your position profitable.

meanwhile, why not listen to what the market is saying..

You sure making one hell of an assumption by thinking anyone with a view on the debt bubble would not be in the market - long.

People that are students of financial markets through history like Ray Dalio for example, do have a pretty good idea how this ends.

 

[guru]

So how would the world look without any debt? We need some charts on that too.

 

[dozu888]

You sure making one hell of an assumption by thinking anyone with a view on the debt bubble would not be in the market - long.

People that are students of financial markets through history like Ray Dalio for example, do have a pretty good idea how this ends.

Of course not ‘anyone’. But it’s safe to say that people looking at the debt clock and read zero hedge are generally empty handed.

Ray is brilliant. But all he has is also a guess at best. Otherwise he’d be all in with his bet now.

 

[Nobert]

So how would the world look without any debt? We need some charts on that too.

In such surreal world, LLP wouldn't exist as well.
https://en.wikipedia.org/wiki/Limited_liability_partnership

Then, we can go prior to LLP and it would be - 13'th century Commercial Revolution.

And Prior, well, lets skip some stages, like the appearance of first currencies 600BC in Lydia, and we end up here with
:

 

[dozu888]

In such surreal world, LLP wouldn't exist as well.
https://en.wikipedia.org/wiki/Limited_liability_partnership

Then, we can go prior to LLP and it would be - 13'th century Commercial Revolution.

And Prior, well, lets skip some stages, like the appearance of first currencies 600BC in Lydia, and we end up here with
:
View attachment 213501

people who yell 'abolish the fed', 'reset', 'start over' - only show one thing about themselves... they are failures.

 

[Nobert]

people who yell 'abolish the fed', 'reset', 'start over' - only show one thing about themselves... they are failures.

Haven't heard words like that, but, it's like... lol.

How da hell in practice, one would do that ?
Especially right now, when everything is so connected.

 

[dozu888]

Haven't heard words like that, but, it's like... lol.

How da hell in practice, one would do that ?
Especially right now, when everything is so connected.

who knows... reason I made that post was like when I see these metal salesmen push the bars to the joe six packs.... what is the end game in their mind lol...

are they thinking that overnight all the fiat will stop working, and then the next morning you exchange gold dust for a fish... ha!