3 ms·

It's tricky because it's unclear if the S&P500 will halve (Market pessimism), or if Gold price will double (currency devaluation)... I need to see both of them

by maerF0x0 10mo ago

It's tricky because it's unclear if the S&P500 will halve (Market pessimism), or if Gold price will double (currency devaluation)... I need to see both of them priced in loaves of bread.

aurareturn 10mo ago
If currency devalue, S&P500 would go up since equities will hold value better than cash.
- alecco 10mo ago
  It's way more complex. Technology is driving deflation even for equities as extraction and refinement becomes cheaper. But the worst is mass migration an the bulge of the world population pyramid entering working age [1]. Labor costs down for corporations and our wages evaporate. Compound with AI and automation. I think the future is very unpredictable. [1] https://www.populationpyramid.net/world/2025/ https://www.populationpyramid.net/world/2025/
  - maerF0x0 10mo ago
    I'm not sure how the cycle continues though if we dont have jobs, the companies do not have buyers?