Say it Right, Say it Loud, Say it Clear...
I've noticed for a while that my Twitter feed has been thinner than usual. I follow a few hundred accounts, if I'm not mistaken, and during mornings, it usually takes me at least 20 minutes to go through it and check what's new in the world. I didn't actually know what was going on until today...
It was Zerohedge that was missing from my feed, and that's when I knew it. I was blocked by these individuals. It's not the first time I've found myself blocked by large accounts just for expressing opinions that are obvious but sometimes unsettling for them, and it definitely won't be the last.
A couple of years ago, I got blocked by the famous "anonymous account" who predicted back in 2020 that BTC would reach $288,000 as an ATH for that cycle—PlanB himself. I got blocked for calling his model a fad, because that's what it is. The targets he is promoting to naive investors, based on his model, are outrageous and can sometimes lead some of these individuals to base their bull market strategy on such targets.
I can't say I fully followed that, but to some extent, I really had in the back of my mind a price target of well above $100,000 as a signal for the bull market's end. I ended up holding underwater bags thanks to thinking I was "that smart".
Why has Zerohedge blocked me? Here's why...
This account, along with a bunch of others, keeps on talking about recessions hitting the economies around the world since 2020, probably even more, and as you might have noticed for yourselves, the recession has not yet hit us hard, and it will probably be a couple of years until it really comes. No one knows for sure.
I doubt that this will happen while equity markets climb the wall of worry, breaching ATH after ATH, during election years all across the world, and when everyone expects a recession. Once the majority falls for the soft landing narrative, that's when the real recession will kick in.
Meanwhile, enjoy the show, hold tight to your portfolio, and dump the shit out of it when we enter the euphoria phase. The reason why Zerohedge blocked me is because I was calling out their nonsense every time they talked about recessions...
Pussies...
Look at the dates this so-full-of-himself analyst was calling for a blow-off top and recession settling in afterward. He is the next one who will block me on Twitter because I will keep reminding him that he's full of it every time he talks about recessions.
Numbers don't lie...
It's been well over a year since Henrik predicted the blow-off top in 2023 and the recession following it... Now he's saying the same thing will happen in 2024, and he will once again be wrong. He'll probably nail it with his predictions in 2025-2026, but not sooner than that.
The awful fiscal policies the governments have indulged in for the past four years or so have consequences, but it's not yet time to sell everything and sit on cash. Not in my opinion.
How on earth would you still pay for subscriptions coming from such guys when it's crystal clear they've been wrong for years in a row? If one would have simply read articles left and right on @leofinance, they would have done better at investing than by paying subscriptions to Henrik Zeberg or Zerohedge...
These accounts prove to have big egos and, despite portraying themselves as advocates of freedom, decentralization, and freedom of speech, they're doing the exact opposite. Even worse, Zeberg said the other day that he finds CBDCs to be "potentially good." For what?...
Anyway... I had so many other topics in mind to blog about today, but I had to do this rant post. It's been a while since I had one...
Thanks for your attention,
Adrian
Short memory and greed 😂
With these blocks, it's their loss and your win
@tipu curate
Upvoted 👌 (Mana: 45/75) Liquid rewards.
Unfortunately I have quite good memory…
You do. Most of us don't because we are blinded by greed.
!invest_vote
I have my fair share of that too...
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Thanks. I noticed that while writing the post. I will probably do a post about it, or not...
I'm starting to have a theory about this "imminent recession". The powers-that-be have all kinds of tools they can use; interest rates, quantitative easing, issuing bonds, taxation, tax reliefs and a whole bunch more. They can (of course) just downright lie to us about the economic data using tame state-controlled media masquerading as an independent press.
By rights we should have a recession, purely because so much money was created out of thin air during covid, and so much more has been given to Ukraine (most of which has never left the West, it's gone direct to arms manufacturers with a 10% kickback for "the big man" which should buy the upcoming US election nicely for them).
But the government are using the tools to infinitely defer the recession, while stoking fear of it, because a permanently frightened population is so much easier to control.
Great point you have. My gut feeling tells me we are going to have a recession in the years to come. It doesn’t matter what the narrative will be in the regards of what might caused it, but when you pay attention to the charts you’ll see we’ve gone up for too long imo. Time will tell if that’s true or just personal bias…
Being blocked by certain people on X/Twitter is becoming something like a badge of honour.