"the easiest way to rob a bank is to run one."
What really bothers me is that Trump and/or his strategists have undoubtedly concluded that a new enemy/war would have a net positive effect on his approval rating. And he needs that.
It's pretty much semantic at this point, isn't it? Invade iraq? We're at war. Hang out in iraq and Afghanistan for decades? We're "keeping the peace." Either way, always support our troops, put on your flag pin, tie a yellow ribbon and god help you if you question a foreign policy entirely dependent on imperialism.
I don't have any money in the stock market, but I get the feeling that it will pop in 2018. I wonder if crypto will increase as a consequence. I believe so, but who knows. 3 days ago : https://www.businessinsider.nl/goldman-sachs-thinks-were-heading-into-a-bear-market-2017-10/?international=true&r=US 5 months ago : https://www.linkedin.com/pulse/big-picture-ray-dalio/ - There are significant long-term problems (e.g., high debt and non-debt obligations, limited abilities by central banks to stimulate, etc.) that are likely to create a squeeze, - Social and political conflicts are near their worst for the last number of decades, and - Conflicts get worse when economies worsen. Two days ago: https://www.bloomberg.com/news/articles/2017-10-16/a-crazy-stock-market-is-punishing-sellersGoldman Sachs has circulated a fascinating but scary research note to clients suggesting that the probability of stocks entering a bear market in the next 24 months currently stands at about 88%
Big picture, the near term looks good and the longer term looks scary. That is because:
- The economy is now at or near its best, and we see no major economic risks on the horizon for the next year or two,
“Two rockets flew over the land mass of Japan and nothing happened,” says Mark Connors, Credit Suisse’s global head of risk advisory. “There were no calls. That’s absolutely crazy.”
I think a bear market is more likely to make it crash too, or best case be even more spastically volatile. I can't think of any sane reason that someone, scared of losing big-time in a bear market, would look at crypto and think "this will save me." Insane reasons, yes. But that leads to volatility in my mind.I wonder if crypto will increase as a consequence. I believe so, but who knows.
What are you talking about? We're doing great!