The 50 Year Debt Binge Will Come to No Good.
In this Labor Day weekend report I go over the charts of the dollar index, precious metals, emerging market currencies, gold and crypto currencies.
I also note that technical and fundamental analysis are not exact sciences but help ascertaining where markets are and where they could possibly go. The other important point to make is that sometimes we know where things will end up only because we know that bad actions lead to bad consequences. The conclusion from this maxim is that fiat money or paper money always lose all their value over time.
My take, as we move into the Fall season, is that one needs to keep an eye on the bond markets, especially Italy, and the emerging market currencies like the Brazilian real.
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Every money (fiat, paper, crypto, precious metals) loses all its value over time, doesn‘t it? At least over a very long time period.
Your channel has been an important educational channel for me. Approaching the current situation from different angles, like you do. It is slowly sinking in that the entire environment we are living in, is based on big government lies. What is coming could shake the "first world" to its very core. Very few seem to realize this.
Thanks for the support and following @biebel36
Really great and it has charmed me a lot.
I can never understand why most of Japanese don't care about the national debt which is well over 200% of Japanese GDP. Interest rate is near zero now, but it is rising. When interest rate reached more than 1%, Japanese economy could blow up.