Chaos Control Theory
You simply would not believe the Federal Reserve violated it's own act.. well this has been going on for a while now..
One Rabbit hole falls into another. I have to admit sometimes I just wanted to fast forward to the here and now. So near the end, these two gentlemen have belief in Neal Howe's 4th turning.
Most don't know how it will play out, but it's going to get ugly.
BTW: Jeffrey Gundlach knows BTC is traceable and not anonymous. He doesn't believe in it and it's a 'lie'. You can poo-poo-poo him and he has made mistakes before. I don't think he cares about the technology but isn't opposed to trading it. He wants peace of 'mind' and 'lifestyle' quality because he doesn't need to worry about wealth preservation. He is surely entitled to that even though the rest of the planet has insecurity. He don't need to worry about the money! He believes in assets and physical things.. like paintings and gold.
summed up:
- doesn't like the dollar
- must be highly diversified
- liquidity for deflation
- gold for inflation
Neal Howe
- this is the 1930's (dissolution of league of nations ie. NATO
- slow disappointing economic growth
- fears of deflation
- competitive devaluation
- rich and poor gap
- rise of nationalism
- decline home ownership / fertility rate
- Pattern of political civic upheaval every 80-90 years.
- Cycle to history follows a pattern and has a new turning
Red vs Blue
What really sucks? Still only half way through probably the toughest period which bodes so well with countries owning all sorts of mutually assured destruction type of toys.
Everything kind of changes.. yay
The new normal!
Yes I don't think Mr. Howe is brilliant. To say that history is cyclical is not exactly prophetic. His breakdowns are a little more surgical with some archetype representation. What I agree with him on is it's getting more and more unstable.
Resolution seems so powerful, but the Crisis means blood in the streets.
In the end have your ASSets in order. Don't put your eggs into one basket; and that includes crypto.
Posted Using LeoFinance Beta
I used to think diversity meant I bought tech stocks and consumer stocks. lol. Now I see diversity means to have lots of sources and stockpiles of cash and equivilents. I've got a well funded 401, some investment property, a job (soon to be pension), other savings, etc. I'm just starting to branch out into Crypto starting with a "get it free" approach but I may pop a small chunk of savings into some crypto soon.
Posted Using LeoFinance Beta
gold?