US Economist - "Everything Bubble' Will Burst in 2024, Everything will Crash

a reply to: gordanramsme

Some of us non-seniors are doing fine.

The boomers didn’t ride on the shirttails of anyone, getting free sh!t handed to them.

Now that the free sh!t is running out lots of people seem reluctant to run with the baton that they were handed.

Kids today that know how to work and live a sensible lifestyle are still able to do ok.

a reply to: FlyersFan

Central Banks Control the World . It will Crash How and When they Want it to Crash . Monetary Policy is a Weapon of Destruction .

originally posted by: NorthOS
a reply to: gordanramsme

Some of us non-seniors are doing fine.

The boomers didn’t ride on the shirttails of anyone, getting free sh!t handed to them.

Now that the free sh!t is running out lots of people seem reluctant to run with the baton that they were handed.

Kids today that know how to work and live a sensible lifestyle are still able to do ok.

Couldn’t agree more, time for the whiners to step up.

a reply to: Cvastar

The funny money ended late last year in the U.K.

Many are still in denial, believing the promises of vested interest parasites that rates will go down bringing boom times back; particularly in property where sellers are easily convinced to remain bullish on price.

But inflation isn’t falling as fast as the manipulated numbers tell us: eg. Latest official inflation data includes Owner Occupier Housing Costs (OOHC)… These clearly should have risen because rates have risen 500%. Those taking new mortgages or remortgaging are paying 5x the interest than a year ago.

Yet this official data says that this cost has gone down…🤔

This isn’t one of the headline numbers, like CPI and CPIH. It’s hidden away among the many measured categories. What it is is a smoking gun that the numbers are lying to us.

It’s election year and there’s obvs pressure on the ONS (Office of National Statistics) to massage the figures. Then months later those figures are revised quietly without any fanfare.

So, if you look at the surface the U.K. is in bad shape and then you consider that this bad shape is the result of manipulation to make it look better than it is…

originally posted by: TheLieWeLive
Decentralized cryptocurrencies are being systematically attacked while they strengthen Bitcoin and Ethereum,

None of the 'cryptos' are decentralized, not even eth. Bitcoin is different, and the only one that is actually decentralized.

the two seem to be predetermined to survive this crypto winter.

Eth will likely survive longer than t he others, but it is likely doomed as well.

what if we have a black swan event right as it goes full swing?
A lot of money is at stake.

The only black swan events that could likely topple bitcoin will also topple everything else, from your bank accounts to your stocks, bonds, etc etc ad nauseum.

a reply to: FlyersFan

A properly managed 401 can not only mitigate market losses, some even profit handsomely. If you lose a big chunk of money in your 401 then you probably didn't care enough to properly manage it anyways.

But even in the dir circumstance where every index and equity is bleeding, there are the cash reserve funds that are not tied to equities which just barely move up and down within a 1% range either direction.