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Ray Dalio lays out why the world has gone mad, why the system is broken, and makes the macro case for plan ₿ – buy Bitcoin!
LINK – https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/
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DISCLAIMER
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money.
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You’re not wrong
I’m so happy that we have crypto. Lark, some say to put only 10% in crypto or investments. But with all theses news we should only have 10% in fiat. Who dares?
A person needs to understand that our economy underwent a paradigm shift commencing in the 1970 ‘s where the economic activity of the destruction of companies for profit by private equity was allowed and then tallied as an increase to GDP and lauded. Well managed companies were intentionally looted.
Then our national leaders intentionally “harmonized” all aspects of our national and local economies to WTO standards without regard to the economic well being of all Americans, only in regard to the well being of the elite.
Where once the concept of progress was to be for everyone, progress is now reserved for only the elite, the rest of us have to pay the elite to live in ever trashier dumpyards.
Yes, I feel like fiat is increasingly risky
Elizabeth: The Golden Age “This much I know… When the storm breaks, each man acts in accordance with his own nature. Some are dumb with terror. Some flee… some hide… And some spread their wings like eagles and soar on the wind”. Stack sats!!!
Great quote!
I am a confirmed Hodl’r but you just make it that bit easier so thanks.
We drastically underestimate the impact of social distinctions predicated upon wealth, especially inherited wealth
4:17 George Carlin “It’s a big club, and you ain’t in it”.
Indeed we do
That nightmare that you are telling is alresdy happening in Argentina. We know this situation, we have 50 % annual inflation.
People in plan B here some of us .
Thank you.
I totally agree 😃🤙
That a good common sense question , probably done to easy invidual
Lark, I credit you with helping to convince me to go from just crypto trading to trader and HODL. But do you have any videos of yours you could point me to that you would recommend to those who aren’t so well-versed with the financial system, say friends or family, that I could share with them and help explain the macro picture?
Long live The Crypto Lark!
My country will be the next to fall on inflation i can feel it, lucky us we got Plan ₿
Usually the price of bitcoin, unless there is something specific in the news, reverse correlates with the dollar index. It moves pretty big on slight dollar down days.
You are ELITE for your wisdom. Great post from you above.
Nobody knows what I did, but you could have a reverse mirror crystal ball. I have no regrets. 😊
Folks — watch and learn how a pro speaks and entertains. Larkism or Awesomism…… it’s all good.
Finally a decent shirt. Very good, dude.
The actual paradigm shift took place June 5th 1933 under house joint resolution 192 Public Law 73-10. Thanks FDR.
i dare. i have less than 5% in fiat.
While I totally agree with you, who says that the elite isn’t artificially fueling the fear in us, while frontrunning into cryptocurrency? Like a Wag-The-Dog kinda thing.
Looks like a big bad toilet double flush coming to a country near you.
The madness has not even started yet.
Bitcoin 2020 mining reward halving yet another day closer …….⏳……⏰
Next Bitcoin partnered Watford shirt sponsored game on Friday night from the English 🏴 Premier League v Norwich City. Live Sky broadcast worldwide ⚽️
The dark harsh facts brought in the most joyess manner,you rock n tock fella.
@KingsRight you’re not just smart but clever too and that’s a good thingsay wish you all the best and I don’t think you need any well wishes because you’re on the right track already
“Trickle down”… We are all pee-ons! Good one Lark! LMAO
Thank you!