• KYHBKOKYHBKO
        ·02-06

        “When is the crash coming?”

        I got this extract from the author of “Rich Dad, Poor Dad”. Is this realistic? Or is this too negative? People keep asking me: "When's the crash coming?" I tell them: It's already here. You're just not watching. Debt doesn't crash like the movies. No dramatic explosion. No sirens. It rots from the inside out. First the little guy gets squeezed. Credit cards. Car loans. "Consumers are struggling." Then commercial real estate. Buildings can't refinance. Quietly. Then small banks start disappearing. You don't hear about it because they get "merged." Then government steps in with bailouts and fancy names for the same old con. By the time CNBC is screaming CRISIS, the smart money already moved. The crash happens in slow motion while everyone's waiting for the big bang. And who gets destroyed? S
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        “When is the crash coming?”
      • KYHBKOKYHBKO
        ·02-05
        $Grayscale Bitcoin Mini Trust(BTC)$  $Micro Strategy Perpetual A Preferred(STRD)$ Let's monitor. Some of the leveraged positions may be closed out.  Avoid leverage if you are considering.
        582Comment
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      • KYHBKOKYHBKO
        ·02-06

        “When is the crash coming?”

        I got this extract from the author of “Rich Dad, Poor Dad”. Is this realistic? Or is this too negative? People keep asking me: "When's the crash coming?" I tell them: It's already here. You're just not watching. Debt doesn't crash like the movies. No dramatic explosion. No sirens. It rots from the inside out. First the little guy gets squeezed. Credit cards. Car loans. "Consumers are struggling." Then commercial real estate. Buildings can't refinance. Quietly. Then small banks start disappearing. You don't hear about it because they get "merged." Then government steps in with bailouts and fancy names for the same old con. By the time CNBC is screaming CRISIS, the smart money already moved. The crash happens in slow motion while everyone's waiting for the big bang. And who gets destroyed? S
        1.33K2
        Report
        “When is the crash coming?”
      • KYHBKOKYHBKO
        ·02-05
        $Grayscale Bitcoin Mini Trust(BTC)$  $Micro Strategy Perpetual A Preferred(STRD)$ Let's monitor. Some of the leveraged positions may be closed out.  Avoid leverage if you are considering.
        582Comment
        Report