#MindBlown
Great, after admitting you don’t know crap, I’ll tell ya.
“The financial markets are valued based upon the earnings of the underlying economy. The valuation rate is based upon perception of strength.”
I give ya 80% on this statement. You should also add into the equation the ability to restructure. Ie. GM is already restructuring in light of stopping the manufacture of vehicles.
“Right now, perception is terrible, and we might see earnings erosion short term that is shocking. But temporary.”
I give a 110% on this statement. We are being lied to.
“An earnings machine like the USA cannot be zero. And such, the value of the dow at earnings x such, cannot be zero.”
I give you a 100%. We would only reach zero if we go zombie.
“We are being tricked, duped, whatever. This shit is a hoax like y2k. And even if it isn’t, a virus loses steam from the inability to find a host.”
I agree, the game is afoot!
“Also, the Fed Reserve has unrivaled and unlimited power to create stimulus, policy, restrictions, limitations, exceptions, etc. What they want, they get...Don’t fight the Fed...”
I do not agree with this statement. IF the Fed Reserve loses their control and we go back to the gold standard, the Fed Reserve loses all control. The real question is… do we ‘file bankruptcy against the Fed Res? That would file notice to the Rothschild control to FO.
What I don’t know in this scenario is… what happens to my assets? What happens to my retirement fund (if I have one)? What happens to my property values if I own real property (realestate). These are real questions being asked.
So, …you opened yourself to questions. I will not take any of your opinions responding to my opinons as any venue to any investment by any persons reading these comments as they are no more than a discussion between two individuals airing their thoughts on line.
What are your thoughts?
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#MindBlown
This IS the Year of Jubilee. Could debt be forgiven and the nation start over?