Isaiah, Great post!
Two days ago I was (and this happens almost never) watching a film : "The big short."
I had never seen it before.
This month in Belgium, the government offered state obligations with a 2.81% interest and a 15% on taxes instead of 30%. (If the return is that minor, I'm already sus
Within a short time they sold for 12 BL Euro.
Now there's already a discussion going on about the tax reduction limit of the banks...
I couldn't help noticing the resemblance of what was happening just before 2007.
Could be wrong but I had a strong sense that this was what is happening right now. Also house pricing are becoming a huge and obvious bubble. Stagflation noticable here and there...Labor workers don't get a honest indexation...and some more markers.
What's rather interesting,
Yesterday I've read an article about Warren Buffett and Micheal Burry embracing for the same thing.
Today I read your article.