Is bitcoin the biggest scam, con or ponzi of all history. It seems to be having one of its many small pullbacks of 10% and trying to hold $63000.
Its value s 1300 billion dollars. If the value disappears, someone will be left holding a big bag.
The end of trading could not come fast enough for the Yen. It dropped 2.72 yen to the dollar or a gigantic 1.75%. That is an unusually large move for a currency. Another nudge Monday and it will have moved from 140 to 160 to the dollar in the 4 months from the start of the year. It surely will...
An ag g population and a huge debt. 3 times gdp , the highest on earth.
So rising interest rates will kill every country, looking like Japan leading the pack.
As interest rates are up again today, things are falling apart. We shall see how this proceeds.
In tandem, Japan is in an increasing fall down. It is really screwed and the yen is down 11% so far this year.
The inflation report today put the cat among the pidgens and saw interest rates go up nearly a quarter of a percent. The very slow real estate market will be even slower.
https://www.zillow.com/homedetails/60-Livingston-Rd-Wellesley-MA-02482/56617464_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare
There is millions going to be lost on this flip unless some fool comes along out of the blue.
The bubble is burst.
Tons of massive price...
Talking to a lad today telling me his sister in law was laid off from a grocery delivering company.
She was making TWO HUNDRED THOUSAND a year as an executive