Post
Topic
Board Economics
Re: Take shelter, a storm is coming in October.
by
Poker Player
on 04/10/2022, 03:39:51 UTC
Talk of a possible Lehman bankruptcy or a real estate bubble bursting also provoked laughter not so long ago. Do I remind you how that turned out?

Even a broken clock is right, or how one of the users here said:

Same goes for Zerohedge, the site that predicted 200 of the last 2 recessions.

If you keep chanting every month that a crisis will come and you live enough you might see one, if you're unlucky like my grandparents who learned every day the US evil empire will fall, you might, well, not see it in your lifetime. Do you know what amuses me the most? The thing that people here who all the time are laughing about Bitcoin obituaries make the same mistake again when looking at the other markets, I said it, the only thing that died more times than BTC in the last 10 years is the $, and as you can see.. Wink

I just don't understand why you are quoting Zerohedge. The source I posted does not quote ZH, as much as this topic reminds you of them, and yesterday CS shares went as low as 12%, which points out that investors were not trusting, regardless of what ZH says or not.

Credit Suisse Plunges 12% as Concerns of Going Bankrupt Spike

Regarding the dollar, I have made reference to the fact that China is going to counterattack, not by far it is going to collapse the USD. Other currencies will collapse much sooner, and in the current crisis it has only been strengthened. That is why China wants to fight back.