Short-selling is going to get SLAUGHTERED over the next 5 years. The S&P is headed over 10k by the end of the decade ... I cant imagine trying to run a short book.... There's literally nothing to short .... Zombie companies get propped up by money printing, tech companies have all the growth, the dollar will remain the strongest currency…
Short-selling is going to get SLAUGHTERED over the next 5 years. The S&P is headed over 10k by the end of the decade ... I cant imagine trying to run a short book.... There's literally nothing to short .... Zombie companies get propped up by money printing, tech companies have all the growth, the dollar will remain the strongest currency. You have every institution on the planet shoveling money into the US for the foreseeable future ... And I didnt even read Clements comments till now and he's right. lol
Certainly possible - and I also think Clements probably right. But I also think government finances and current politics are unsustainable. Something.has to give.....
I think it's propaganda that the current finances are unsustainable. The global economy is 100 trillion in GDP give or take and you have the US adding 1 trillion a year in deficit to that... 1% ... It's a drop in the bucket. In 200 years, I predict the situation will be far more extreme; you have to realize they're not going to let all their wealth evaporate without blowing the whole system up... Further, the overall level of private credit growth in the US peaked in 2008 (search FRED for "Total Credit to Private Non-Financial Sector") ... https://fred.stlouisfed.org/series/QUSPAM770A
Inflation doesn't create or destroy wealth; it merely redistributes. Real wealth is only created by goods and services.
Also, if they DO create an alternative to the dollar; that will likely INcrease the scarcity of the dollar; making it more valuable. Just my 2c.
edit: Also, as the monetary velocity continues to fall, that 1% deficit won't even cause inflation because it will all end up back in the stock market ultimately. IMO....
I also don't think we're necessarily headed to a pro-labor world ... That has never been the trend of history for thousands of years. Why exactly now when the most pro-capital industry ever possible (AI and robo) is in its infancy? .... GLD price increase is mostly about keeping people from being able to to use it... that's why it flatlines for long periods and SPIKES when it does move ... can't transact in it when you can't predict its value. I mean, I could be wrong on all this but just playing ball... your arguments in the article certainly would be salient counterpoints ...
Short-selling is going to get SLAUGHTERED over the next 5 years. The S&P is headed over 10k by the end of the decade ... I cant imagine trying to run a short book.... There's literally nothing to short .... Zombie companies get propped up by money printing, tech companies have all the growth, the dollar will remain the strongest currency. You have every institution on the planet shoveling money into the US for the foreseeable future ... And I didnt even read Clements comments till now and he's right. lol
Certainly possible - and I also think Clements probably right. But I also think government finances and current politics are unsustainable. Something.has to give.....
I think it's propaganda that the current finances are unsustainable. The global economy is 100 trillion in GDP give or take and you have the US adding 1 trillion a year in deficit to that... 1% ... It's a drop in the bucket. In 200 years, I predict the situation will be far more extreme; you have to realize they're not going to let all their wealth evaporate without blowing the whole system up... Further, the overall level of private credit growth in the US peaked in 2008 (search FRED for "Total Credit to Private Non-Financial Sector") ... https://fred.stlouisfed.org/series/QUSPAM770A
Inflation doesn't create or destroy wealth; it merely redistributes. Real wealth is only created by goods and services.
Also, if they DO create an alternative to the dollar; that will likely INcrease the scarcity of the dollar; making it more valuable. Just my 2c.
edit: Also, as the monetary velocity continues to fall, that 1% deficit won't even cause inflation because it will all end up back in the stock market ultimately. IMO....
I also don't think we're necessarily headed to a pro-labor world ... That has never been the trend of history for thousands of years. Why exactly now when the most pro-capital industry ever possible (AI and robo) is in its infancy? .... GLD price increase is mostly about keeping people from being able to to use it... that's why it flatlines for long periods and SPIKES when it does move ... can't transact in it when you can't predict its value. I mean, I could be wrong on all this but just playing ball... your arguments in the article certainly would be salient counterpoints ...