The truth comes out. That’s what busts are for. You can’t make people richer by printing more pieces of paper or lowering their interest rates. Those truths are only whispered softly at the beginning.
When the "crash" comes everyone will feel some pain, some more than others. Very few stocks, a lot of cash on hand, and a lot of than old useless yellow metal we little people have been told is useless most of our lives, will allow us to eat and sleep well. We, the readers of BPR, just have to remain calm and not panic as this crazy story unfolds ,,,,,, and it will!
I am sure that Bill hopes that this all happens in the next two years so that he can blame it all on DJT. But even so, I think we are going to be hearing about the ills of DJT long past the days when I am gone in this missive. It is so funny that you hardly hear a thing about old babbling Joe Biden.
I do believe there is going to be a correction, but I do not believe it is going to start in the United States. There are a lot of countries limping along that are in worse shape than the United States. When you see the dominos start falling, then the fights and wars will escalate, then you will see the crisis increase, then you will see the panic, then you will see the fall.
We have been poorly served by every president this century and by each Congress.
I'm beginning to wonder more and more if there is truth to the nostrum that empires last 250 years more or less.
But, I also don't foresee the social collapse Bill envisions just because the cost of credit increases. Slowdown sure, but not the unraveling of the strings that bind us.
More impactful will be the impending reductions in Social Security and Medicare benefits in sixty months, more or less.
We don't talk about or blame bumbling Biden, as the legacy press does the talking and they don't denigrate their own. However, the otherside i.e., Trump et.al. gets 99% negative press. To your point regarding the economy of other countries being in a better position to pop the bubble and then the domino effect will do the rest, I believe that will be the case.
When the "crash" comes everyone will feel some pain, some more than others. Very few stocks, a lot of cash on hand, and a lot of than old useless yellow metal we little people have been told is useless most of our lives, will allow us to eat and sleep well. We, the readers of BPR, just have to remain calm and not panic as this crazy story unfolds ,,,,,, and it will!
Jim Marshall
I am sure that Bill hopes that this all happens in the next two years so that he can blame it all on DJT. But even so, I think we are going to be hearing about the ills of DJT long past the days when I am gone in this missive. It is so funny that you hardly hear a thing about old babbling Joe Biden.
I do believe there is going to be a correction, but I do not believe it is going to start in the United States. There are a lot of countries limping along that are in worse shape than the United States. When you see the dominos start falling, then the fights and wars will escalate, then you will see the crisis increase, then you will see the panic, then you will see the fall.
We have been poorly served by every president this century and by each Congress.
I'm beginning to wonder more and more if there is truth to the nostrum that empires last 250 years more or less.
But, I also don't foresee the social collapse Bill envisions just because the cost of credit increases. Slowdown sure, but not the unraveling of the strings that bind us.
More impactful will be the impending reductions in Social Security and Medicare benefits in sixty months, more or less.
We don't talk about or blame bumbling Biden, as the legacy press does the talking and they don't denigrate their own. However, the otherside i.e., Trump et.al. gets 99% negative press. To your point regarding the economy of other countries being in a better position to pop the bubble and then the domino effect will do the rest, I believe that will be the case.
Interesting that now the topic of conversation is now "when the bubble will pop" and it's considered legitimate in all the forums I read.