Comments by "gerhard7" (@gerhard7323) on "The Car Bubble Apocalypse Just EXPLODED | This Is Crazy..." video.

  1. True, but thanks to the fact that because today's fiat money is essentially debt it's unlikely that most of us won't be touched by this.
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  2. I'm by no means 'an expert' in ANY way and know very little about crypto, but it is still very much a purely speculative 'risk on asset'. A product of rosier times. It still, by and large, adds nothing materially to the economy and is, in effect, supported by fiat purchases and redemptions. If it were me, and I would never give any advice to anyone, in the current inflationary climate and given its correlation to tech stocks, which rarely prosper in such an environment, I'd get the f*ck out NOW. That's my 2 cents anyway.
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  3. The point Max makes over the honour system over car loans makes perfect sense when you think about it. Can't believe it's never occurred to me before seeing as the 2008 bank bailouts were so obviously just the nation states bailing out themselves. D'oh!
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