There's nobody under the age of 70 that knows what a bond bear market looks like.
Be very careful who you are listening to for financial advice.
We will soon come to an inflection point where the financial landscape will shift dramatically.
Most people will lose big time in this transition. Crypto holders will do well because that's where the pendulum will swing towards.
The Euro is on a path towards extinction in international trade.
Martin Armstrong's Socrates predicts major fireworks for the European financial system in 2024 - and not of the good kind.
De-dollarization is a myth. The reality is the opposite is true.
And with the majority of international debt (plus the interest on it) denominated in dollars, a final hooray for the greenback before its ephemeral nature is getting revealed to all, is much more likely.
It will be a strong dollar that will break everything apart.
For the ascending sovereign individual the currency of choice is bitcoin, Ether and other cryptos. Cryptocurrencies suck up more value than everything else in a world that moves towards decentralization.
I predicted mid last year that rising rates will come to an end by the end of 2022 because the interest expense on the US debt will get out of control.
Instead it took a bit longer and the fractional reserve banking system cracked first.
"The Bitcoin protocol, particularly as implemented in eCash, is the perfect economic engine for web3."
@cyprianous talking about #web3/#web5 at the @eCashConference 2022 👇
🎬 https://t.co/4GWCIVmuiK
#eCash#XEC#Crypto