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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: DinoNavarre who wrote (6264)8/29/2020 3:38:57 AM
From: clochard1 Recommendation

Recommended By
DinoNavarre

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The tech stock bubble doesn't have to pop any more than the bubble of renaissance paintings or big city properties. However what the Fed is doing is making it impossible for people to achieve financial independence from the increasing power of corporations and governments which in turn are becoming unified and global. People are being turned into an ingredient and a product of these entities and have little chance of survival outside their realms. We will have to work or die regardless of age if we can't build viable pension savings. As wages decline due to the increased pricing power of the corporations the incentive to pursue higher education will also decline. The result of all this is the iconic Orwellian nightmare where everybody is dependent on government handouts and nobody can be different. Let's see if we are clever and can work around the problem.
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