It will collapse.................
I posted this article 20 days ago:
DOW 50,000!
(Happy Days Are Here Again)
0% interest rate is sharia-compliant too.
One cannot defy the laws of gravity or economics for long.
I thought a Black Swan Event was something that couldn’t be foreseen?
I like Taleb. Smart guy.
Yeah what’s the big deal when your national debt is $20,000,000,000,000:-)
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Sooo many of these predictions fall by the way side
Really?
In terms of what, exactly?
What if the Black Swan event is a false flag event?
Idiots like this just make me buy more
A black swan event is scheduled to happen November 8th.
I consider berwick to de deranged. Also dishonest. And a hardcore addict.
He had me going until I realized this is just another solicitation to subscribe to somebody’s newsletter. Probably wants to sell me gold, too.
When he talks of numerous black Swan events he gives himself away. If the events are numerous, then they are not black swans, which are rare. Perhaps they
reflect some new normal. I don’t see how we can continue at this pace, but my guy reminds me that the big money players would be in the same bread line as me
if the S really HTF, and they don’t want that.
It will collapse.................
The end of the world is coming. Since your money won’t do you any good in the long run, mail it all to me.
1. They’ll eventually be right. The stock market crashes every decade or so
2. No one knows the exact date.
3. You’re better off holding your stocks through the drop and recovery than selling early. Always.
2016
2015
2014
2013
I could go on...
The global elites are setting up a yuge “Trumps Fault” feeding frenzy.
Given this presumption, IS it beyond the realm of possibility that the international banking cabal in concert with the current regime could orchestrate and time a "Black Swan" event to occur between a Trump Election victory and Inaugural Day?
And if so, might a so called joint "resolution" be proposed by President 0bama, joined by GOPe "leadership", AND framed by the Dem-Globalist owned media as "requiring maintaining as much stability as possible before changing over the reigns of the Presidency"? (AKA, a suspension of the Inauguration indefinitely?)
Some of us believe the Democrats, GOPe, and globalist-elites are desperately plotting ways of remaining in power by hook or crook without it appearing to obvious.
Honest opinions please. Thanks you.
There is another explanation and this is a THEORY only: we are in a 25 year deflation caused by massive, truly revolutionary productivity growth via computers that still has yet to even be appreciated, let alone valued in.
This deflation was further exacerbated by the housing crash. But that didn’t change the underlying factor that computers have changed productivity rates in ways that economists still cannot even count.
Just one little example. A guy named Bhide did a book called the “Venturesome Economy” a few years ago. He noted almost in passing that corporate R&D is down, but that in fact they can’t keep up with the new developments. Bhide found that in tech areas, companies have basically “farmed out” much of their former R&D to the consumer, and that all they do now is listen to consumers for what new apps they want and then immediately address those.
Take an iPhone: prior to the 1970s, the “normal” way to measure the value increase would be to compare an older phone to a newer phone. That worked well until phones stopped being phones and became phones, computers, GPS systems, gaming systems, cameras, datebooks, e-mail, computers, and on and on. To truly capture the value increase, one would have to track every single one of those functions to its original iteration, THEN find a way to bundle all that productivity increase into a single device.
This is in part (not entirely) what is behind so much of the unemployment. We haven’t yet “re-purposed” the employees who previously worked in many of these tasks. I’m not saying we don’t need to build cars and make textiles. I am saying that the tech changes in all these things have not been properly monetized. Just a theory.
Is Taleb a gold bug?