WARNING: The World Economy Faces Systemic Risk
As someone with a fairly large presence on social media, one of the most valuable things that I feel I can do for my audience is to point them towards brilliant sources of information.
I follow Paranoid Bull on Twitter, and I feel he has an important message to share about the systemic risk that the world economy faces.
In this video, we go through one of his threads.
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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well...who could have seen this coming?
Totally agree, we have few more years to go, the United States got 10 more trillions of dollars to print 🤣
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This is why I have sold ALL of my assets in financial markets and decided to instead pay down some debt on the real estate I have. I am now improving my cash flow to prepare to adjust not only my portfolio but also my lifestyle.
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No doubt there is large risk but I feel as long as the US economy continues to grow at its current rate then it should bring the world along with it. It is probably 'kicking the can down the road' somewhat however as I believe there are major structural changes required for most economies in the world.
When everyone is up to their eyeballs in debt, who else is left to borrow? Something has to give at some point.
you are the few content creator come here not for money, but for belief and the love of cryptocurrency, love you