"Financial markets are “paper”. They can be destroyed in a week. Paper fiat money is only as good as the faith of the “Users” . Lose the faith, 1929, and the markets collapse."
I believe the following to be the correct assessment:
The US$ is already significantly devalued, but it doesn't presently reflect its value because of money inflow …
"Financial markets are “paper”. They can be destroyed in a week. Paper fiat money is only as good as the faith of the “Users” . Lose the faith, 1929, and the markets collapse."
I believe the following to be the correct assessment:
The US$ is already significantly devalued, but it doesn't presently reflect its value because of money inflow due to big money getting out of worse situations..
If you want to get out of the US$, the first step is to get out of US Bonds. If the US Bond market is 10 times the value of the US stock markets, where do you expect the bond money to flow?
I believe that the US Bond money will (continue to) flow into the US stock markets (view a 10 year chart of the MERVAL for ridiculous). Then view the "all" time frame of the Venezuela Stock Market (IBVC) for an example of a no bid situation.
This is your free market capitalism, where guys like Soros know a good opportunity when they see it.
"Financial markets are “paper”. They can be destroyed in a week. Paper fiat money is only as good as the faith of the “Users” . Lose the faith, 1929, and the markets collapse."
I believe the following to be the correct assessment:
The US$ is already significantly devalued, but it doesn't presently reflect its value because of money inflow due to big money getting out of worse situations..
If you want to get out of the US$, the first step is to get out of US Bonds. If the US Bond market is 10 times the value of the US stock markets, where do you expect the bond money to flow?
I believe that the US Bond money will (continue to) flow into the US stock markets (view a 10 year chart of the MERVAL for ridiculous). Then view the "all" time frame of the Venezuela Stock Market (IBVC) for an example of a no bid situation.
This is your free market capitalism, where guys like Soros know a good opportunity when they see it.