Today 5:30 am
Another global economic bubble of Planned Obsolescence Program that will collapse up on itself in less than a decade.LowIQTrash » Yesterday, 5:57 pm » wrote: ↑ Every trader / investor has his or her style, but I am a fan of EWT.
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.