It is a bubble and it will bust. The only questions are how high the stock price goes and when the bubble pops.
Before the election, I figured the stock market would freak out because of the clear problems mail in balloting would cause. I was surprised, not only by the size of the fraud committed, but also by the lack of interest from the markets. I actually sold most of my stuff before the election, and pretty much the rest just after....but I was wrong. As long as we keep printing trillions, the markets will be happy.
If the US prints enough money the dollar is sunk. As the world reserve currency, we have a little bit of flexibility but I would rather not use it.
I think we are sunk. Just a matter of time before countries stop using the dollar for their purchases. Which we are already seeing. And considering we gave all of our industrial strength to China, I dont think we will have much to fall back on. But the commies are here now, so its not like it actually matters.
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