We effectively don't have public rules for our markets at this point - the powerful do what they want, so the way our regulatory system really works in those situations is there's a crash, and then you set the rules of who you bail out. - Matt Stoller
So Burry prepared for a crash and the downturn of 2019 to be fully realized in 2020. And those clowns think we didn't because of the huge growth from zero we got from the pandemic? I'd say then that Burry was right and then some if it took an engineered pandemic to pull us out (or buy us time).
Not as good as Sabine, but I've mumbled similar sentiments that meteorologists and economists are but philosophers wanting to be scientists, ignorant of the fact that their hubris is to the detriment of those of us living in the real world...
We've reached the place that's been predictable since the 80's made it clear, starting with housing, that turning even the essentials of life, into the latest Ponzi scheme, was going to be embraced and even celebrated, by asset owners, as was the decimation of huge swarths of the US working class, left jobless and forgotten. One part of society was easily led to enjoy the profits made destroying other parts of it, whom were then labeled "losers" and ignored. Although the Sacklers did quite well, addicting the decimated, with a militarily protected opioid supply we laundered trillions to the MIC securing. I said then it was over and the end for the US, outside of dystopic hell for most inevitable. At this point, rationality calls for turning to mitigating and surviving that inevitability, individually and in communities of trust. Everything which one would think, could've created a more rational displacement of unimpeded corruption, has been in ongoing reveal for decades now. But all that's looming, is probably very nasty irrational reactions. And it's obvious they're going to exploit that very well. To the cheers of those who enjoyed all that asset inflation and human decimation. Don't Drink the Koolaid is quickly becoming don't drink the water, assuming our corrupt psychopaths and sycophants even provide any.
So Burry prepared for a crash and the downturn of 2019 to be fully realized in 2020. And those clowns think we didn't because of the huge growth from zero we got from the pandemic? I'd say then that Burry was right and then some if it took an engineered pandemic to pull us out (or buy us time).
The Commodores was peak Lionel Richie. His solo material suffered from severe funk deficiency.
Not as good as Sabine, but I've mumbled similar sentiments that meteorologists and economists are but philosophers wanting to be scientists, ignorant of the fact that their hubris is to the detriment of those of us living in the real world...
Thank you.
When are people going to realize that they don't need to defend their existence to these traitors any longer?
We've reached the place that's been predictable since the 80's made it clear, starting with housing, that turning even the essentials of life, into the latest Ponzi scheme, was going to be embraced and even celebrated, by asset owners, as was the decimation of huge swarths of the US working class, left jobless and forgotten. One part of society was easily led to enjoy the profits made destroying other parts of it, whom were then labeled "losers" and ignored. Although the Sacklers did quite well, addicting the decimated, with a militarily protected opioid supply we laundered trillions to the MIC securing. I said then it was over and the end for the US, outside of dystopic hell for most inevitable. At this point, rationality calls for turning to mitigating and surviving that inevitability, individually and in communities of trust. Everything which one would think, could've created a more rational displacement of unimpeded corruption, has been in ongoing reveal for decades now. But all that's looming, is probably very nasty irrational reactions. And it's obvious they're going to exploit that very well. To the cheers of those who enjoyed all that asset inflation and human decimation. Don't Drink the Koolaid is quickly becoming don't drink the water, assuming our corrupt psychopaths and sycophants even provide any.
I don’t trust the data either. Good one.
Also Lionel is a nice touch.
I question the integrity of the data mongers.
Is it just me, or..."YOUR MOTHER, YELL3N!"
?
"Integrity of the data is everything" I agree,