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Strategies & Market Trends : US Inflation and What To Do About It
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To: ggersh who wrote (842)3/13/2019 12:35:37 PM
From: RetiredNow  Read Replies (1) of 1504
 
Capitalism has gone wrong, because the oligarchies in banking and tech are not being broken up, and basically big businesses have engaged in regulatory capture. So we have a very cronyistic system. We need to decalcify the system. Healthcare is a great example of how politics has screwed up an entire industry. We need massive decentralization. MMT, Socialism, and medicare for all, and any other form of centralization will make matter worse, not better. Decentralization and transparency is the cure, because it breeds innovation that disrupts the status quo. That's what we need.

On that chart, my first impression is that we're seeing a massive head and shoulders with the right shoulder ripe for a breakdown. If it does breakdown...wow...the drop down below could be horrific. Maybe back down to the lows of 2009. Ugh.

So do you look for value at all in these markets or do you just trade 'em?
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