4 ms·
That story is quite funny because the true story is actually about how Kennedy Sr. saw the signs of the top of the stock market and got rich by selling his stoc
by david927 6y ago
That story is quite funny because the true story is actually about how Kennedy Sr. saw the signs of the top of the stock market and got rich by selling his stock and buying...
gold, which he later used during the depression to purchase distressed assets like real estate.
The parallels between the 1929 crash and now are chilling.
- obayesshelton 6y agoYeah, using this reference for Gold wasn't correct but what you said is funny/interesting!
- david927 6y agoWe always talk about 8 or 9 year cycles but never cycles which are every 8 or 9 cycles. In the ocean there are multiple frequency of waves which means sometimes no waves where they cancel each other out and other times where they combine. I think we're at the cusp of a giant financial movement which will surpass the 1929 crash. And in times of upheaval like this, a lot of fortunes will be lost but a few will be made. I just hope that we're generally richer now, especially with technology, that we can find a way to minimize the suffering.