7 Dec 2024 8:41 am
The ills are world-wide due to the US debt Dollar and it's dominance over the global banking system.DeezerShoove » Today, 8:30 am » wrote: ↑ The CAPE ratio is yet another method to judge how to play craps. Betting a trend.
The bottom line for the article is it confirms what savers and old folks have said for DECADES.
Inflation is a generational tax. Lots of people actually make money off this dry orgy.
One of my favorites is George Soros. The creepiest guy on Earth...
Another interesting thing in the article is that it points out that these ills are worldwide.
Points it out more than once.
Which is why The BRICS wants out ....
and are working to disconnect themselves from what they perceive as a corrupt system based on debt and debt spending.....
They realize that eventually the bubble will burst and don't want to go down in flames like the West ...which is on the precipice of default.