Thank you Bill for the reminder of what is set up to occur. I forwarded the message to my sons who are focused on supporting their families and don't set aside enough time to monitor who is managing their savings. My comment to them was "We can't change history after the fact, we can prepare for it before the fact."
With all of the circular financing of the Magnificent Seven the bubble is like an army of one legged men trying to march off to battle.
As long as we have a decent pile of cash, at least a year of all expenses, and a BIG pile of that old yellow relic, we should be able to sleep at night.
Excellent post, Bill. It appears Trump and company must keep the market going into midterms. I have no doubt they will manage that, although it seems impossible at the same time. What I also think is most likely is exactly what Tom says i.e. he and his wife are buying gold. Once we get past midterms and Trump and team have played out the credit boom, to the end, the government will have to buy AI. It has no profits and who else can "afford" it even at yard sale prices? It sure isn't going to be private credit. The gov is going to need it to compete with the commies and there are lots of them, like all the globalists who are already in bed with Xi. Actually not a bad strategy, in a way. It's a good thing we have Venezuelan oil and Iranian oil under our control for this mess. Hold things together till midterms are over, let the EU collapse, all those commies and their welfare state. Then hand the whole mess over to the commies and let them deal with their spendthrift Keynesian economics. Maybe they can write another book on Modern Monetary Theory and we can see how that works out for them. I'd take my chances on that scenario. Who is going to have the most CONFIDENCE on their side?
Haven't we heard all this before ? We were all waiting for computers to go belly up on 1st January 2000 and what happened. Nothing -Zilch.
So now we have to wait for AI to get rid of mankind ? Some excitement this waiting-maybe its the "real" thing !
Thank you Bill for the reminder of what is set up to occur. I forwarded the message to my sons who are focused on supporting their families and don't set aside enough time to monitor who is managing their savings. My comment to them was "We can't change history after the fact, we can prepare for it before the fact."
With all of the circular financing of the Magnificent Seven the bubble is like an army of one legged men trying to march off to battle.
The Big Warsh was hired to decrease interest rates, not to increase interest rates.
Sometimes a position is offered to the 'fall guy' rather than an individual who has a mission to accomplish.
As long as we have a decent pile of cash, at least a year of all expenses, and a BIG pile of that old yellow relic, we should be able to sleep at night.
Jim Marshall
So what’s a retiree that needs their investment/savings/retirement account to generate income to do?
Ai is said to "take over".
To do so Ai must have a "survival" code.
When Ai battles for its selected realm.
Does it attack another Ai?
Will Ai engage in mortal combat against one another?
Excellent post, Bill. It appears Trump and company must keep the market going into midterms. I have no doubt they will manage that, although it seems impossible at the same time. What I also think is most likely is exactly what Tom says i.e. he and his wife are buying gold. Once we get past midterms and Trump and team have played out the credit boom, to the end, the government will have to buy AI. It has no profits and who else can "afford" it even at yard sale prices? It sure isn't going to be private credit. The gov is going to need it to compete with the commies and there are lots of them, like all the globalists who are already in bed with Xi. Actually not a bad strategy, in a way. It's a good thing we have Venezuelan oil and Iranian oil under our control for this mess. Hold things together till midterms are over, let the EU collapse, all those commies and their welfare state. Then hand the whole mess over to the commies and let them deal with their spendthrift Keynesian economics. Maybe they can write another book on Modern Monetary Theory and we can see how that works out for them. I'd take my chances on that scenario. Who is going to have the most CONFIDENCE on their side?