This is a little bit more macro, but you'll see what it is getting at. From one of the better posters around.
But what does it all mean?
Nothing.
Been hearing the same "financial collapse is imminent," "the US is in a recession," "we're in a bubble," "the economy is in trouble," "housing is unaffordable," "we're in real trouble real soon," fear mongering jargon for 50 years. (((Someone))) must be getting super rich on these fake news cycles.
Meanwhile, back at the ranch, there has been no on the ground discernable difference in the quality of life on American soil the entire time. If anything it has improved. That is if you are a lower middle class non-striver optimist who doesn't live his life trying to keep up with the Jones's while trying to "get somewhere" financially.
And where can we really get "financially"? Absolutely nowhere as you can't take it with you. Whether we like it or not we all live month to month. All sitting on a million dollars gets you is a false sense of security. A millionaire is just one car accident away from dying with a million dollars in the (((bank))). In other words, a million dollars is worth f*ck all if you're not spending it.
There is a real interesting existential credence to the motto, "Ambition is for those who are too stupid to be lazy," as the number one confession of those on their deathbed is that they regret spending too much time working for money, and not enough time just hanging out with friends and family and pursuing their hobbies.
Quantitative tightening ended.Hmm, what's happening now?
US Fed Ends QT with $13.5 Billion Liquidity Pump, Crypto Market Rally Ahead?
I read the FED just bailed out banks worse than 2008.
Economy is non existent. Inflation to come. Only assets will increase in value. Bigger gap between asset owners and non asset owners increasing. People should jump into the asset train while they still can. Real estate, dividends, maybe crypto for some.
2cents
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