So many of the old head investors will tell you that:
1.) Everything changed during the GFC & COVID and the markets are completely different now. None of the usual indicators work anymore.
2.) No new investors understand the old indicators (that supposedly don’t matter anymore) and will get rekt because of it.
I’m starting to think people like Dave Collum (who I like and don’t mean to pick on) just want to hear themselves talk.
Gen Z is either fascist or communist. Literally no in between.
Why? Maslow's Hierarchy of needs.
Simple as that.
No one gives a shit about higher order stuff like holocaust remembrance when they can’t afford a house or food.
Of the $37 trillion in total US debt, about $5 trillion was added from the Iraq & Afghanistan wars at the behest of Israel.
What would a prolonged war with Iran likely cost?
ChatGPT estimates around $3 trillion, which I think is low balling it.
None of this factors in the interest on the debt overtime.
Why is our “Greatest Ally™️” so expensive?