@MIC_btc Look up the consumer and government debt during that time, compared to the market cap of the US stock market. Then incorporate the money supply since then, then get back to me with you deep analysis.
Before you go to bed, chew on this:
Take the entire S&P 500 market cap… subtract all U.S. consumer debt and all U.S. government debt… and you’d still be below the stock market’s low point in the Great Depression....
Quite possibly the largest Ponzi that humanity will ever see.
@Dav_Kaiser@DeeTaylor102 Appreciate it David. I think Dee was originally saying that you and I were going over his head with our finance talk 😂 he's a good guy. Check out my comment that I just reposted about the ridiculous amount of comments explaining exactly what you just did here.
US Debt to US stock market whole and you can chart it back 100 years. There's so many garbage comments here saying stock equity and consumer/US debt are two different things (durrrr) but when you compare the rise in both and then these regards realize that market cap is valued in US printed dollars, then maybe (probably not) they will understand.
US Debt to US stock market whole and you can chart it back 100 years. There's so many garbage comments here saying stock equity and consumer/US debt are two different things (durrrr) but when you compare the rise in both and then these regards realize that market cap is valued in US printed dollars, then maybe (probably not) they will understand.
@Python0o@MatthewWal57743@zsaeed@AnthonyDurkacz Will you and Matt check check the Canadian "secret" filings? Last time I looked at those it said that the float was already ~9M?
It was not a known source where I read the report so I can't be 100% sure but it definitely looked real.
@tim_cook Can't wait for my new monthly subscription charge. Wonder if the new Siri Ai was programmed to tell everyone that they are out of cloud space so they all need to up their monthly cost.
I pray that very soon Quantum and @rogerhamilton figure out that a massive, public voice against market corruption as a teammate is way more powerful to a stock price than any PR or company plan put into place. Perfect example today on Roger's great move to buy back shares at these levels which would be bullish news for 99% of companies and their stock goes down.