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One day you and everyone else from ZeroHedge will be SPOT on. But as they say, markets can remain irrational far longer than you can remain solvent, or alive...
by eclipxe 11y ago
One day you and everyone else from ZeroHedge will be SPOT on. But as they say, markets can remain irrational far longer than you can remain solvent, or alive...
My bet is on technology continuing to drive our economy to new levels of productivity and prosperity, along with it bringing real wealth creation, wage growth and price appreciation for real assets.
Will there be corrections? Probably. Are we going to be Japan? Probably not, but if we are so be it.
- a8da6b0c91d 11y ago> My bet is on technology continuing to drive our economy to new levels of productivity and prosperity, along with it bringing real wealth creation, wage growth and price appreciation for real assets. Just like massive advancements in technology drove up asset prices in 30s America, or 90s Japan, or 1880s America for that matter ...