Comments by "gerhard7" (@gerhard7323) on "The US stock market is in the biggest bubble in history. The entire economy is at risk." video.

  1.  @BaileyMxX  The US economy today is around 26% of global GDP, around 16% by PPP and it accounts for a 60% share of global stock markets. That's an overextended financialised economy punching WAY above its economic weight right there.🤣
    8
  2. BTC is another example of this 'irrational exuberance'. It is another symptom of debt bubble not in any way a solution. MicroStrategy's Saylor, 2024's answer to Bernie Madoff, is definitely one to watch in 2025.
    3
  3. @drscopeify  You don't sound like the typical MMTer, but your comment strongly suggests you are.
    3
  4. Trump is inheriting a poisoned chalice, but his alleged plans to significantly cut taxes on the rich, raise import tariffs and slash the trade deficit will amount to economic suicide unless he's got a serious plan to rebuild America from the bottom up.
    2
  5. Greenspan with years of his infamous 'put' which led to the 2008 GFC showed where the American 'elite's' interests lie. They'll profit and bank the upsides of this artificial 'boom' and come the crash the poorer sections of society will endure the downsides as always. From the ashes the elites, just as they did in 2008 and post covid, will become even richer.
    1
  6. 'Extend and pretend' best sums up the US financialised model. People never learn and greed always wins invariably only benefiting the interests of a select few.
    1
  7. It's certainly, on balance, pro-China I agree, but do you have any issues with what is actually being said here?
    1
  8. I made these comments last week regarding the US actually needing and in fact being the only country able to run these huge deficits in reference to Trump's tariff plan and YT removed the comment.
    1
  9. Market Guru: 'The current ratio of total market cap over GDP for UK is 106.7%. The recent 20 year high was 139.42%. The US well exceeds this. Yup, this looks like an everything mega-bubble in the US stock market, particularly given the huge public deficit/private surplus. The private surplus, ultimately courtesy of government, is funding much of this equity and asset 'boom'.
    1
  10. The problem being is that massive 'investment' in its military its ultimate insurance policy against its debt based economic model going seriously t*ts?
    1
  11. D'oh.
    1