Doesn't answer the question does it? How is anyone surprised that "fiscal conservative" hawks would be socialist hypocrites and would do a 180 once the house & presidency flipped?
He's warning everyone again about the collapse, but NO ONE IS LISTENING!
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Doesn't answer the question does it? How is anyone surprised that "fiscal conservative" hawks would be socialist hypocrites and would do a 180 once the house & presidency flipped?
You forgot Greenspan. Bubble ben and yellen.
All 4 of them have been nothing but money printers for wallstteet.
At one point there has to be a tipping point where all the money printing does the opposite of what it's supposed to do and creates insane inflation. The fed no way nooo how will be able to keep inflation tame, they claim they will but by the time they believe it's time to raise rates and pull back on the free trillions inflation will be already running rampant.
The market tried to crash about a year ago. Only thing that stopped it from being epic were the breakers (which tripped multiple times).
No, didn't forget them. There is a special place in HELL for all of them... and now including Powell!
If truth be told, Reagan should be included. He's the one who said, "... You don't have to choose between guns and butter. You can have both. Just borrow and spend the money you don't have...".
One dumbass congressman, defending the notion of "spend all you want, no worries" even went so far as to say, "Reagan proved deficits don't matter". (How can someone that stupid get elected to Congress? I know, rhetorical question.)
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Last time Dalio was right about the crash.
Only ~2 years too early & then had to apologize right prior to covi storm. Ironic, given their loses afterwards.
Last time with big short he was ~3 - 4 months away from blowing out (?)
Only ~2 years too early & then had to apologize right prior to covi storm. Ironic, given their loses afterwards.
@horizon, - did he disclosed the size of his position ?
Last time with big short he was ~3 - 4 months away from blowing out (?)
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Recently saw a story about how Tesla "hasn't make a F'arkin Dime... except for government tax incentives... since inception". In addition, Tesla ranks next-to-last in quality. Hard to get my mind around TSLA stock price.
Quite possible, 25% would be pretty bad.
it makes even less sense, when you consider the fact that TSLA worth more than all other car companies combined. It will plummet, but on the way up it left few bear corpses.
In my simulations over last 6 month+ i see double or more of profitability comaperd to avg , similar to tests over 2008 crysis period. I guess crysis periods are where the speculative money is made fastest.
Even in bad crypto fearmongering and dumping scenaro i dont think all money will be pulled out.
It probably cant be done. Some people forgot or lost their crypto keys...
What an anti-inflaton measure.
McAfee said years ago at btc ~8-10k btc that hel cut his penis off if bitcoin wont reach 100k. now its half way, so maybe hel cut just half off now or wait until it raises to 100, otherwise might cut everything off if btc drops to 0.
I personaly think hel die before.
But if hes dead who will cut...
The answer is nature, natural degradation underground or burning in fire most likely.
Crypto had tendency to rally and pull downspikes many times so far, and down spikenperiod may be close.But since its crysis period id see crypto as safe heaven instead also.Of course not. Times are good and stocks only go up
on a serious note, I think the collapse will begin in crypto world. And then will spill over to stocks.
Even in bad crypto fearmongering and dumping scenaro i dont think all money will be pulled out.
It probably cant be done. Some people forgot or lost their crypto keys...
What an anti-inflaton measure.
McAfee said years ago at btc ~8-10k btc that hel cut his penis off if bitcoin wont reach 100k. now its half way, so maybe hel cut just half off now or wait until it raises to 100, otherwise might cut everything off if btc drops to 0.
I personaly think hel die before.
But if hes dead who will cut...
The answer is nature, natural degradation underground or burning in fire most likely.
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