Ever wonder what’s preventing the market from a massive crash?
The answer is DEBT
Real GDP (Green) US Public Debt(yellow).
Look at how aggressively debt has grown from 1970 till today.
Just to bring this a bit closer home. It’s like constantly getting yourself in financial trouble yet the bank keeps giving you more and more credit.
If the government was an individual, it’s credit score would be less than 500. And even with a shitty score like that, they keep getting more and more into debt.
This is NOT capitalism. This is the part where gamesmanship applies.
The question becomes, what happens to our economy if the government didn’t bail out or print any NEW money for 10 years?
In other words, Be slightly paranoid when it comes to your investment philosophy.
Play offense, but stay alert.
Real GDP (Green) US Public Debt(yellow).
Look at how aggressively debt has grown from 1970 till today.
Just to bring this a bit closer home. It’s like constantly getting yourself in financial trouble yet the bank keeps giving you more and more credit.
If the government was an individual, it’s credit score would be less than 500. And even with a shitty score like that, they keep getting more and more into debt.
This is NOT capitalism. This is the part where gamesmanship applies.
The question becomes, what happens to our economy if the government didn’t bail out or print any NEW money for 10 years?
In other words, Be slightly paranoid when it comes to your investment philosophy.
Play offense, but stay alert.