It’s Lonely At The Top
An Idiocracy is a society that can be conned over and over again by the exact same psychopaths, each time expecting a different result…
What we have is 1987 bullish sentiment. Y2K Tech risk. 2008 deflation risk. 2008 retail implosion. 2011 Fed rolloff risk. 2014 EM risk. 2015 rate rise risk. All bundled together with an unprecedented volatility hair trigger.
Remember two years ago? It was a crisis on Wall Street:
What we have is 1987 bullish sentiment. Y2K Tech risk. 2008 deflation risk. 2008 retail implosion. 2011 Fed rolloff risk. 2014 EM risk. 2015 rate rise risk. All bundled together with an unprecedented volatility hair trigger.
Remember two years ago? It was a crisis on Wall Street:
Well, there’s good news:
Any questions?
I fully understand why young people ~20-somethings are chasing BitCasino and otherwise throwing their money away at the top. I did it back in Y2K, and it was a lot of fun, right up until it wasn’t. However, Baby Boomers and the Gen-X zombies have no f-ing excuse whatsoever. They have amply proven that they can be conned over and over again, like a f-ing ATM machine for Wall Street…
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