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sc ks | 1. Zeihan is an arrogant know-it-all who doesn't know it all.
2. Boomers don't liquidate all their stocks in retirement...most money managers will recommend they stay near 50% (stock market at ATH largely because they aren't liquidating imo). My parents are not sophisticated investors, just do what their investment guy recommends....and they are still largely in the market in their mid 70s and 10 years retired.
3. Rates probably can't go significantly higher from here without causing a meltdown of the whole debt-based fiat system scam that runs the world economy. I say probably because I was dead wrong thinking they couldn't get to where they are now without wreaking havoc already. Borrowing a Trillion bucks every 90 days is not something I thought would be sustainable but here we are....so maybe borrowing a Trillion every 40 days will be just fine. Time will tell. | |
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Say goodbye
