Comments by "gerhard7" (@gerhard7323) on "What Are Chances of A Financial CRASH in 2025?" video.

  1. ‘There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning’ - Warren Buffett
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  2. The people who need to borrow, often simply to live, increasingly can't and those that essentially benefit from the consumption plus interest of the former still, as of yet at least, have no need. Presumably 'something' will eventually have to give when the stone has been bled dry?
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  3. BTC, another diabolical 'financial instrument', is likely to play a similar role to the CDOs' and subprime loans' domino effect in the 2008 GFC.
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  4. Future bailouts are guaranteed. Socialism is the preserve of the rich, capitalism is reserved only for the poor.
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  5. Irrational exuberance and the animal spirits reign supreme.
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  6. Cryptos, including BTC, are a plaything of the wealthy at the expense of the poor. Sure, there's inevitably always the odd winner as with any Ponzi scheme, but essentially it's a perennial pump and dump scheme sucking in a constant stream of the unwary and the desperate.
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