I am impressed, there are really some posters here with "economic savvy", lenghty posts as a result, nothing wrong with that. Call me the "simplyfier": Aprox 6 years of global "bull markets", fuelled by silicone valley but mostly by low inteereest rates. = OVER. Every living human in the US owes "the government" 117 thousand Dollars. When adding "private dept", the human brain can not qualify those numbers anymore. Looking back, since 1945 the world ecomomy has grown by productivity gains but mostly by inflating the "credit bubble". Me, the simplyfier says: No bull market has lasted forever. Be it stocks, wheat or porkbellies. Exagerrated future (overpriced) "visions" will be corrected by the same market forces that today claim "the limit is the sky". Greetings, the "simpyfier".
Create an account or sign in to comment