RE: Bitcoin falls to lowest level in a month by redpossum

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Viewing a response to: @jondoe/re-redpossum-re-jondoe-bitcoin-falls-to-lowest-level-in-a-month-20190111t171556449z

· @redpossum ·
I was born two years after the launch of Sputnik I, a year before the Bay of Pigs invasion. Trust me, it's been more than 20 years of shit being stirred up. Strategic Analysis is something of a hobby of mine. I predicted the crisis in the South China Sea clear back in 2010, long before it hit the mainstream media.

And I'm telling you, the current situation has the makings of a perfect storm. The world doesn't go to shit because of one thing, it goes to shit because a concatenation of events overcomes the ability of the system to stabilise itself. Or because of a Black Swan.

And now, if you'll excuse me, this tired old man is going to go take his afternoon nap ;)
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@jondoe ·
Ha, nicely said. My point is that we have been on the verge of disaster for years and years now, yet nothing has happened. Even back in 2008 with the financial great recession, the government showed they will just bail out the financial system should anything unexpected come up. Which basically means there is no reason to fear anything, well except holding the dollar which is losing roughly 3% of its purchasing power each year. Hold stocks and you are a winner, history keeps showing it.
👍  , ,
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