We have gotten totally drunk on debt as a country, and the the Fed will most likely over correct, sending us into an 18 to 36 month recession: via /r/wallstreetbets #stocks #wallstreetbets #investing
We have gotten totally drunk on debt as a country, and the the Fed will most likely over correct, sending us into an 18 to 36 month recession:
So I just sat my fat ass down to eat a bowl of Cracklin' Oat Bran, my favorite fucking cereal by the way, and I always like to watch something when I eat, especially YouTube videos, and I came across the gem titled: "Most People Have No Idea What Is Coming…" – Chamath Palihapitiya's Last WARNING
I usually don't pay much mind to these crystal ball folks, unless it's ole Michael Burry, because the dude is just legend when it comes to this shit, but I always put a 2 year plus extension on the back end of all his predictions because he's generally always early… but so fucking accurate.
Anyway, the point of this post is this video I just watched, because it just makes so much sense, and even now, Mister Market is telling us things, things that are tell-tale signs of a massive incoming correction slash recession slash possibly depression, such as oil, real estate, and anything related to it going down.
I think all the algorithms constantly bear trapping folks back into the market over the last 2 weeks is also a very bad sign, which indicates to me that the the top dogs are just trying to squeeze out just a little bit more before it all goes to shit.
My personal belief is that we go down to 2,000 on the S&P 500 and stay there going sideways for the next 1 to 2 years, and that is how I am planning my investment strategy. I'd love to hear about your strategies going forward, so please feel free to leave them in the comments.
Anyway, here's the broken link to that video I've been fan-boying about if you care to watch:
youtube .com /watch?v=86l2fz486ts
Submitted July 06, 2022 at 01:58PM by Megalorye
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