And Communism has never been tried!
And Communism has never been tried!
Like any Government is going to leave billions just sitting on the table.
In other countries too
America will be the worst for this. The narrative has been set for years, did you see it?
They’ll wait until they need it (fiat issues) then they’ll take it, likely before Social Security. Before you get a warning. Because with blockchain, none of the transfers can be hidden, that’s why they don’t need to move yet. Because who’ll sympathize with “dark web money launderers” over veterans?
If this were poker, the pot would be getting bigger and you’d be certain of a win. You would be wrong. White House wins. 1% tops. Any greater exposure and you probably can’t afford to lose your shorts. My exposure is 0% because I don’t believe in fairytales like a Huge Government playing nice. I’ve read too many history books.
It’s the Emperor’s New Clothes of currency.
too much discussion of dollar, insufficient on the petro- part.
Especially threats to.
I have been waiting for this for literally years.
This will be our time’s Tulip Bulb Craze. All the signs are there, except tulip bulbs are real and have A*E*S*T*H*E*T*I*C value.
Anything the Lopez guy plugs financially is a scam, in my opinion. Ponzi, from someone of that level. He’s like the everyman internet entrepreneur schtick, like that slimeball 4 Hour Work Week charlatan who pretends to come from a common background. The one who gives nothing to the world but interviews useful people. Like white guy Oprah. Total waste of space. Can the internet entrepreneur celebrity fad die already?
There’s a software bubble, but that has nothing to do with the CCs carried by software. Buy Bitcoin because you’re too stupid to understand why placing your life savings where you can’t grab it before the Government is a great idea!
Everyone says it’s a good idea!
I mean, would the Government lie to you?
Would they deliberately act like a direct challenge to their financial authority was safe, so you pile in all your suspicious investments, only to sweep in and nationalize it at the last second, leaving you with no legal recourse?
No, obviously not, you paranoid conspiracy theorist.
But also you’re a paranoid conspiracy theorist if you’re using Bitcoin, according to the MSM, which isn’t like reverse psychology or anything so don’t buy Bitcoin with your real(er) money.
“They can’t find my bitcoin wallet at the border!” They can shoot you with a low-level EMP though, can’t they?
You can’t out-think sociopaths with all the resources.
Apparently Islam beats oil money, in an unexpected twist.
With a fertility rate like theirs, property should be cheap.
But Bitcoin isn’t a bubble.
Ironically, if you’re in the very situation you’d need crypto, there’d be no electricity to access crypto.
DATA IS ALWAYS SAFE – idiots
Another scintillating round of explaining things that are obvious to me but nobody else, supposedly.
I don’t want to do many Forex posts but I should fully explain myself.
Lessons for Americans.
TLDR: Stupid spending habits including war. Bleeding hearts lead to bleeding wallets.
” I think it’ll be down to crypto and Sterling (not biased, based on structural factors) plus USD if it gets its own structure in order (I live in hope with a bagful of monies) and maybe Germany’s DM once the EU goes tits up.”
Simply look at this chart.
France is screwed because Islamic immigration has turned Paris, its cultural and economic hub, into a gigantic mosque. They committed cultural suicide. They keep voting in more gibs (a French tradition) and their debt/GDP is 96%. They’re done, it’s over. There’ll have to be a civil war.
Japan’s debt/GDP will make your eyes water but the worst of it is the marriage rate. Their IQ means nothing, they’re dead. The cult of collectivist elderly worship means they won’t make the vital spending cuts to save the young and productive. 250.4% as of 2016.
The genuine forces of European might are Germany for pure productivity as you can see and Britain, in part for military might. Historically, we were the reserve currency. We exported language, culture and a sense of suicidal white guilt with a heady Savior Complex. Protestant work ethic isn’t a moral obligation.
Crypto is coming whether the People want it or not. I can’t really explain why, I think it’s stupid.
Never let it be said they passed up an opportunity for control or money.
USD is the wildcard. You could fix it, technically but there’s little incentive.
Most of the voting public don’t understand it isn’t just Russia breathing down your neck but the fatal ship of RussiaxChina, which I will dub Ruina.
It fits, what can I say?
Raw resources are good but with a shit-tier populace, it doesn’t matter.
Look at all the resources in Africa untouched for millennia. The best capital is intellectual capital and national IQ correlates strongest to GDP.
Two demographic components hardly mentioned are critical, imho.
Population density of K-selected labour – hard-working, patriotic and local-buying. High IQ could be thrown in, plausibly, based on the fact they have high impulse control (grit, low time pref.). From an economic standpoint, kinda important…?
Racial corruption. Nobody wants to talk about that one so I’ll leave it to your imagination. Expected honesty, by contrast, with WEIRD nations and WASP types. You can’t trust a currency controlled by corrupt governments, especially supposedly Marxist ones – Marx was not a fan of wealth and capitalism, to capitalize on investments. You can’t trade with liars and frauds, the wobbly product quality at the very least will ruin your margins. Look up Asian export scandals, there are so, so many. Hey, if you like poison in your baby’s formula, you do you.
You have a better theory, go ahead, hit me with it.
We can make money, we’re in this together. I care when it buys me shoes.