Crypto
Traveler
I have a feeling we are overdue for an 08 style crash, or an even worse one. The past 50 years in the financial industry has built up a house of cards that is bound to collapse. Their naked short selling and blatant misuse of leverage has gotten so complex and interconnected that it has to fall apart, its simply unsustainable. Everything is inflating at rapid rates, this was bound to happen but the COVID-19 crisis saw things speed up at a very insane rate. Housing is reaching levels of 2006-2007, and the actual causes of the housing crash in 2008 where never actually fixed, just rebranded.
We've seen the market just plain irrational the past year. We've seen how financial institutions are blatantly trying to murder companies for profit, and now we're seeing retail traders fight back with GME and AMC. That situation is crazy in of itself and still ongoing, as the institutions doubled down and the retail traders aren't selling.
The landscape of everything and the markets are disconnected from reality. People's negligence has to catch up with them, there are economists who think the USA is too big to experience inflation. This is just insanity and it has to lead to a correction that's going to be insane. It feels like the house of cards is about to fall.
This is the time where money can be made though, during the 08 crash there where outsiders who saw it coming, they shorted the housing market and made billions. I don't have that kind of capitol, but I do know there are instruments retail traders can use to their advantage. A well timed UVXY call could net you 125k.
What do you guys think? I didn't even mention cryptocurrency but that is a whole other beast that I believe is as significant an invention as the internet. I've been using it to secure wealth lately because of what I've said above.
We've seen the market just plain irrational the past year. We've seen how financial institutions are blatantly trying to murder companies for profit, and now we're seeing retail traders fight back with GME and AMC. That situation is crazy in of itself and still ongoing, as the institutions doubled down and the retail traders aren't selling.
The landscape of everything and the markets are disconnected from reality. People's negligence has to catch up with them, there are economists who think the USA is too big to experience inflation. This is just insanity and it has to lead to a correction that's going to be insane. It feels like the house of cards is about to fall.
This is the time where money can be made though, during the 08 crash there where outsiders who saw it coming, they shorted the housing market and made billions. I don't have that kind of capitol, but I do know there are instruments retail traders can use to their advantage. A well timed UVXY call could net you 125k.
What do you guys think? I didn't even mention cryptocurrency but that is a whole other beast that I believe is as significant an invention as the internet. I've been using it to secure wealth lately because of what I've said above.