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BrickTop
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Comments by "BrickTop" (@bricktop7803) on "The Line That Explains The Coming Housing Depression" video.
The upside or downside depending on how you look at it, is the nail in the coffin for Bitcoin and Crypto- currencies. When they collapse (and they will, no question) the digital Dollar will replace them. The US Treasury needs cryptos to disappear, to fold, to end. The property bubble is engineered to reset the US economy, to keep the 4 big banks afloat. The medium banks with their dodgy CRE and small business loans to fold like a wet soufflé. The Fed are clearing out the unhealthy banks and can only save a handful of profitable small and medium banks. You seriously think the western developed economies are going to let a currency exist where they cannot control or tax it? Are you THAT financially naïve?
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Aaaand you KNOW better than a Yale Professor? RLY?? You should apply for the next position at Yale
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The US Banking system certainly DID NOT learn in 2008 and changed NOTHING. After 2008 the European banking system changed drastically. In the UK, the banks stripped out their toxic assets. The result was - 80% of loss making branches closed. No more cheques or money orders. Everything is done digitally or by a phone App. What happens in Europe get transported across to the US. The US banking Sector are going to experience WORSE pain than we did in 2008. You guys changed NOTHING.
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Indeed. You should apply to Yale for a professorship. no doubt with the angle of your head, it will be a formality. Maybe it is your latest research w have not heard about yet? what is your paper called: Head Angle limitations to Academic Performance.
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Of course Mr Dunning-Kruger! Once gain you are correct!
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So what, the message is clear. What makes you think the timeline is important. The message is important. It does illustrate the guy is ahead of his time and peers. Try to analyse information better instead of your diatribe.
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