Knocky's Nose
Mon nez est en Valenciennes..
The Federal Reserve have hit a level of debt which is totally unsustainable. The interest alone is now as much as their whole military budget, and lets not forget they have the most well funded military in the western world..
In 10 years time their entire tax revenue won't cover the interest on their national debt. That's the equivalent of you and I having credit card debt to the level our whole monthly salary won't even cover the interest on our balance. They're sailing down the river to oblivion, and they absolutely know it - that's why they don't give a flying shite about their spending. It's now a free-for-all with the politicians, bankers and business elite furiously cashing in as fast as they can.
There's a lot of chat about the US economy crashing, hyper-inflation, internet going down, power outages, riots in the streets, food/water shortages etc. It's certainly a card they can play to get people to roll over and accept the 'new financial system' - but I'll give credit to the very sharp minds in the USA. I think they'll definitely have a plan. They've self-sabotaged for a reason. The sharpest minds knew they'd have about 100 years before it all went wrong. It's now about 110.
As for crypto being in an extended bull-run already, I think you're half right there. A lot of coins are up hundreds of percent already against the bottoms and I don't think the pumps will be all that spectacular compared to past bull-runs. As mentioned I think we've got one last 'wild west' where Pepe and all that crap goes loo-loo, then that'll be it. After that, it's the real crypto and digital assets which will garner investment from regulated investors. Many people don't seem to comprehend that there's Trillions on the sidelines looking to come into the space but they all have a fiduciary duty to their investors. In laymans terms that means the big fund managers can't invest in something which isn't properly regulated because if it all went wrong they'd be left holding the baby and all the lawsuits which came with it.
I'm not a seasoned crypto investor by any means, but I'm a very fast learner - and I do stupid amounts of research. What I've gathered is that Blockchain and 'real' crypto with utility is coming down the pipes. Patience is key, and I've got plenty of it. If you want to hop into crypto and make a fortune overnight you either need to be on the inside, a whale who can move markets - or just lucky.
