Yesterday 4:57 pm
Every trader / investor has his or her style, but I am a fan of EWT.FOS » Today, 9:10 am » wrote: ↑ Thing is, it has seemed this way for like 10 years. It seems like just printing money actually works. What is funny is the same debate happened during the napoleon wars when Britain just printed money to fund the war. Napoleon kept assuming their economy would collapse and it just never did. Mysterious.
From my interpretation, The final expansion from the bottom in 2009 is Wave 5, and the expansion starting at the bottom in 2020 is a smaller degree (5). We are running out of room for smaller fractals to play with, so this (soon) reverts to a larger degree counter-impulsive wave (a violent move downward).
It will last for a very long time (likely 15+ years).
You’ve been predicting societal collapse for a while…here’s that vindication from the perspective of markets and social psychology.
I don’t believe printing money can save a stock market indefinitely. Japan did that since 1989 and their stock market remained depressed for 20y. Some ppl say it has to do with the USD as a reserve currency but I don’t believe that will save the USA from a period of crises and upheaval.