RE: Is there a new economic bubble?
Yeah, I just finished watching a Max Keizer interview with Alasdair Macleod on the Dollar, gold, and stocks and then one with Stacy Herbert about McCain. The Dollar cannot stay powerful. I think American empire actually reached zenith in 2000 and has really been lashing out like a wounded wild animal. McCain was the main foot soldier for American hegemony. I don’t anticipate disaster. International stock markets will outperform the American stock indices for decades after American empire recedes. Personally I have diversified into international stocks, gold, and bitcoin. I strongly dislike the idea of “heading for the hills” away from cities. I lived in small towns before. I hated living in small towns. I was pressured to conform and refused to do so. Collectivism is far more powerful in small towns than in large cities. In addition, I have far more trading opportunities in the black market in large cities. I’ve lived in several large cities on the east coast and west coast and enjoyed anonymity in my business.