90s were a great time. Technology was broadcasting the horizons of what was possible and world was moving fast towards a better future. Markets overestimated too much and there was too much hype and too many scams and horrible businesses and it all came crashing down after creating the biggest stock bubble in USA after the great depression.

The dot com bubble has now been dethroned by the frenzy following the COVID-19 manufactured crisis and the indicators don't seem like they would stop soon. There has been little bit of slowing down, but I think the ratios will be going higher and higher.

Things Were Already Bad By 2017

The data comes from World Bank and the chart can be found here. The chart shows Stock Market Capitalization to GDP for United States. This is one of the worst charts among several other countries which can be found below:

• China: https://fred.stlouisfed.org/series/DDDM01CNA156NWDB
• United Kingdom: https://fred.stlouisfed.org/series/DDDM01GBA156NWDB
• Japan: https://fred.stlouisfed.org/series/DDDM01JPA156NWDB
• Russia: https://fred.stlouisfed.org/series/DDDM01RUA156NWDB
• Canada: https://fred.stlouisfed.org/series/DDDM01CAA156NWDB
• Singapore: https://fred.stlouisfed.org/series/DDDM01SGA156NWDB

Stock Market Capitalization to Global GDP was discontinued while things were looking bad in 2015: https://fred.stlouisfed.org/series/DDDM011WA156NWDB

Wilshire 5000 to GDP on Monday (November 2nd, 2020)

The Wilshire 5000 Total Market Index, or more simply the Wilshire 5000, is a market-capitalization-weighted index of the market value of all US-stocks actively traded in the United States. As of December 31, 2019, index contained only 3,473 components. The index is intended to measure the performance of most publicly traded companies headquartered in the United States, with readily available price data, (Bulletin Board/penny stocks and stocks of extremely small companies are excluded). Hence, the index includes majority of the common stocks and REITs traded primarily through New York Stock Exchange, NASDAQ, or the American Stock Exchange. Limited partnerships and ADRs are not included.

DOW to GDP Ratio in The Last 100 Years

S&P 500 to GDP in The Last 100 Years

All of This Under Horrible Odds for Economic Prosperity

You could say people were too hyped and overestimated things in the dot com bubble or the previous crypto bull markets and ICO craze. In the case of post COVID-19 world, we have businesses destroyed and cronies getting rich while people are without much funds for discretionary spending. Many don't even have enough to eat and have a roof over their heads. The stock markets have become evidently delusional. This is a comment I made to @toofasteddie

Not even crypto will be fully safe from turmoil. At this point I only see two options working. Quick short term trades cashing in on trends, hype, pumps etc. and investing into projects with great potential like HIVE, LEO, @splinterlands, Hashgraph, Dash, BAT etc.

Be Warned - Be Prepared

You can't change the policies and you can't change these crazy economic and political masquerades and general stupidity. Get ready to have a minimalist lifestyle. Get ready to be more self-sufficient in food and energy. Above all, get ready to HODL. Trading is going to be tough. Unless you are a skilled day trader, you are unlikely to get good results for the efforts you put in. Don't expect any Lamborghini rides in the next years. Find some time to become spiritual and focus on things other than the material.

Along the way, along the years..... you will come across opportunities to invest in the next wave of startups and world changing projects.

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