RE: The Week-End Market Vlog 🎙️📊🪙 & Trad-Fi Intro Bonus Vlog!
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Sorta, truth is , & this is just my take.
I believe we are in a largely corrupt broken system, one day there will be a day of reckoning. Mostly in terms of governments & debt and corruption. Blowing up. But in the short term, I do see where at least in Europe & USA, the media narrative is indeed pushing a narrative that the dollar is in free fall versus other major currencies, when we can see this comparison doesn’t show this on the chart I pointed out.
The long end of the curve, aka longer term government debt. The truth is the debt is outta control and even though the fear porn predictions I’m talking about and calling BS on as bogus outcome, even just staying where we are on these rates now is long term
Going to mean a trillion dollars a year just in interest for USA, that is a huge problem again longer term. I’m just saying here that these people shouting the rates will sky rocket the next year or so are just bogus and wrong and have been calling for 10% plus rates for years now. But this being a nonsense BS narrative I’m poking in holes doesn’t take away from just where things are now, will lead to the system longer term having serious problems servicing the debt.
So short answer, I’m calling BS so that means short term I’m saying this is nonsense. But longer term it doesn’t really matter that the exaggerated predictions are wrong, it’s still going to be a huge problem down the line, basicly the narrative im calling BS is just pushing fear mongering in ultra short term. !LADY !PIZZA
Good points. It ends same way though correctly you point out the financial media lies and fear mongering
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!PIZZA
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