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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (137041)	12/9/2017 12:09:06 AM
From: Elroy Jetson	Respond to of 217657

The first people in the Bitcoin bubble were folks like the Winklevoss twins who made too much money suing for a share of Facebook profits for their dubious assistance in the early days - or as Tesla-boy Elon Musk who made his money as a co-founder of PayPal. PayPal was started and run by folks like Musk who didn't have much money. Tesla is being run like a guy like Musk who has billions - what's a billion here or there between friends? The Brazilian-run Anheuser-Busch InBev just placed a huge order for Tesla electric semi-trucks to deliver beer - so there's a market there, but it probably doesn't match the market valuation. These too-wealthy too-quickly folks are early adopters of crazy shit because they can afford to lose it all. Later comes those who can't afford to lose all their investment, provide confidence by the too-rich. My family owns commercial property in the Bay Area which I've now become involuntary acting-CEO of as my 90 year old Dad has Alzheimers which makes it difficult for him to find the right words. Real estate is definitely a huge bubble in the San Francisco bay area funded with IPO money for firms and founders who don't want to relocate their businesses to less expensive areas like Beverly Hills in southern California, as the loser-firm Yahoo did before they were bought by Verizon. Yet institutional investors are buying and selling real estate there at an 8% discounted cash flow, which is way higher than long term rates. So real estate investors in bubble-land are demanding actual 8% rental returns on investment as opposed to a fanciful cryptocurrency. All of this "too much excess money" can vanish within minutes during a panic. Most economists say the new "tax reform" bill will lead to a shortage of US Dollars globally with predictable effects for those who borrowed US Dollars!