- Joined
- Jun 14, 2021
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What are your thoughts on this? Are we going on max speed in a global financial crisis or things will cool down?
Just read a long but really interesting article the other day and the shocking part is that I agree with most of it:
Some pointers:
-- The market crash of 2008 never finished. [Agree]
-- This time, the issue is not a bubble in the housing market, but apparent widespread inflation of the value of commercial businesses, on which loans are based.
-- I would not be surprised if many small and large Banks, Hedge Funds, and Financial Institutions evaporate and get consumed after this crash and we’re left with just a select few massive entities. That is, after all, exactly what they’re planning for.
Just read a long but really interesting article the other day and the shocking part is that I agree with most of it:
The Bigger Short. How 2008 is repeating, at a much greater magnitude, and COVID ignited the fuse. GME is not the reason for the market crash. GME was the fatal flaw of Wall Street in their infinite money cheat that they did not expect.
0. Preface I am not a financial advisor, and I do not provide financial advice. Many thoughts here are my opinion, and others can be speculative. TL;DR – (Though I think you REALLY shoul…
moass.info
Some pointers:
-- The market crash of 2008 never finished. [Agree]
-- This time, the issue is not a bubble in the housing market, but apparent widespread inflation of the value of commercial businesses, on which loans are based.
-- I would not be surprised if many small and large Banks, Hedge Funds, and Financial Institutions evaporate and get consumed after this crash and we’re left with just a select few massive entities. That is, after all, exactly what they’re planning for.
