There is no easy way out. Only painful exits now.Well done. Central banks did a great job. "QE worked and got us out of a recession". "The old models do not apply anymore" and bla bla bla this time it's different.
Dumb money made a dramatic entry in the markets this year, individual investing in volume terms went from something like 10% in 2019 to 30% in 2020.
And this includes market makers so retail you could say now makes more than half of the volume really (and used to make 1/5).
Alot of this volume is not legit stock picking but day gambling it is important to mention.
I think the price is going to skyrocket into a bubble before crashing hard.
Unlike the 30s where a lot of Germany pain was caused by foreign investors (USA) leaving - they were paying for Germany reparations - now the US stock market and economy crashing won't harm as much European countries, to the contrary capital will come back home and some growth should happen also with megacorps leaving the USA and coming to Europe (they already have their HQ in low tax Ireland & 75% of tech workers are foreign born).
Any third world country getting reparations from the USA especially the socialist ones is going to beg the IMF and Europe siiigh so either Europe will bend over and give them every thing they have or give just as much or just a little more they are already giving which won't be enough and those countries will end up like Sudan and so on.
Ivory Coast that between the 80s and 1999 declined massively has bounced back since the military coup (the soldiers cleaned up the country), Ghana said screw you we don't want your charity anymore a few years ago, Nigeria is doing fine...
Algeria is going to starve to death, Haiti well lol...
I estimated what the indice to GDP looked like since the 1920s a while ago:
In a few decades the new generations will call "the 20s" the 2020s and the 1920s will be like the middle ages, an extremely long time ago in dark times they know nothing about, people lived completely differently and all they know about it is 1 or 2 stereotypes from some phone video game.
People that say the media used to alarm us about global warming will get called liars and "old" and deniers.
I'm going to get rich by the time the rich are hated, gg my luck. I don't live in the USA though so should be all good. I have so many countries I can move too I am genetically diversified like an investment. Muricans though are done, and Puerto Rico isn't the holy grail. Multinationals couldn't care less they'll just move to Europe or the UK go say hi to their globalist friends. Multinational umbrella octopus corps have been profiting hard from China at the expense of the low skill workers not sure if China opening the markets and going liberal made much of a difference, the recent China dark turn sure didn't change much actually octopus corp is probably better off with obedient cheap slaves.
Umbrella corp is probably eagerly waiting for the USA to implode so they can hire cheap slaves there too especially for the slightly more advanced too.
I think alot of the antifa people are the tech guys that lost their jobs to migrants & China (you'd expect them to be strongly pro-Trump and maybe they'll end up being more than this, probably actually, let's not forget what Berlin SS recruiter reported "most of are recruits are ex-Antifa").
Disgusting corp wins on both sides:
- cheap slaves working in sweat shops with suicide nets
- americans that lost their jobs and purchasing power end up supporting the far left which is in megacorp best interest
Win-Win.
Hatred filed Antifa is getting more violent (who would have thought?) and they are now not just hitting people but murdering them, a new station security guard that is an Antifa member gunned down a pro Trump person. The media says he was not Antifa "verified by independent fact checkers" ye that guy literally 3 days before was being sarcastic about people that call Antifa not a group but an idea, and straight up said several times he WAS a member. The evidence is still online. He even has some of their symbols on him on pictures AND when he cowardly killed that man that slapped him.
Civil war soon. Too much hate. Since 1600 there has been a major bloody war every 76-78 years and it's been 75 since the last one.
The marxists sure are out for a fight I mean they're not hiding it they say they want blood.
I already covered the subject and am sort of repeating myself but this is investing, constant re-evaluation, not my fault if I was right from the start :D
Anyway I bought the tech stocks indice and might buy more later as it keeps ranging or slowly going up, getting ready for a potential big bubble rally.
I will NOT buy the next dip. I'm saying bye bye to the USA in the next year or 2 at most. Will be very careful.
Maybe it does not have to be crazy violent and painful, California Washington & Oregon make their own country that will become a 4rth world country utopia and the rest of the USA will be just fine. I wonder if Hawaii would join the West Coast?
The 47 states and a couple of territories.
If some states start to leave the Union, people are going to predict they'll all leave and make a huge communist block but in advance nah.
The most west ones and that's it. No big deal. USA Canada UNASS (Union of North American Socialist States, and after 10 years they figure out there is a no no word in there and rename it SUNAS but still sounds bad so USSNA but then it sounds too much like USA so...).
Money printer go brrrrr.
