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Nulion's avatar

Which crypto platforms are the most secure and will give you private keys?

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W8878788766565's avatar

People are loaded with cash and that's understatement. Bars full, restaurants full, parking lots full with new cars 80000 trucks roam around the cities. $20 to tips to the driver is common. Heck trillions for Bitcoin and multi trillions for other crypto ponzi schemes. And now we have NFTs, and buying tweets for millions.

https://www.cnbc.com/2021/03/03/what-are-nfts-all-you-need-to-know-about-crypto-collectibles.html

Who said it's a weak economy?

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President-Elect Zio's avatar

Average U.S. Consumer Debt Reaches New Record in 2020

By Stefan Lembo Stolba, April 6, 2021 • 14 min read

https://www.experian.com/blogs/ask-experian/research/consumer-debt-study/

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W8878788766565's avatar

I did not have any debt. Just because everyone has debt I rushed to buy houses and got a lot of loan on me also including business loans. I suspect either 1. govt will forgive loans just like student loans. or 2. there will be mass defaults.

In case you don't have loan there will be nothing to forgive. So you lose. Just like fools who paid off student loans

If there is mass defaults, it will lose it's meaning and there will be no effect at all

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President-Elect Zio's avatar

The average US worker must now work 141 hours to buy 1 share of S&P 500. In the 1980s, it took less than 20 hours.

https://pbs.twimg.com/media/Eodci5lXUAEDdFz?format=png&name=small

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W8878788766565's avatar

That's because there were no cell phones in 1980. Now people work 20 hours and spend 121 hours on cell phone chatting with Sugar babies and trading NFT and crypto lol

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President-Elect Zio's avatar

33400/33300 in Dow would be nice. Dax put: work in progress ...

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President-Elect Zio's avatar

Japan's central bank is sticking to its loose monetary policy to support the economy in the Corona crisis. As expected, Tokyo's monetary watchdogs on Tuesday left their short-term interest rate target at minus 0.1 percent and the target yield for ten-year government bonds at zero percent. At the same time, they declared their willingness to take further steps to provide additional support to the economy if necessary. Despite recent tighter restrictions to contain the virus, the Bank of Japan reiterated its forecast that the world's third-largest economy was heading for a moderate recovery, thanks in part to robust demand from China and the United States. However, it cut its forecast for inflation this year and also expects inflation to remain well below its target of two percent as the ideal rate for the economy over the next two years.

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W8878788766565's avatar

Palladium is the best play. It's breaking out at all time high. Mostly controlled by Russians who of course don't play along with JPM. They actually look for screwing JPM. On the other hand I suspect, most silver miners work with JPM and deliver silver on COMEX for the cheap.

In the meantime silver is getting pumped up by the YouTube economists all over YouTube. That means it may soon fall hard on it's chin.

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W8878788766565's avatar

With all the bitcoin Hoopla, why is it that JPM is not creating it's own Crypto ? It takes just a few hours and one programmer. Here please watch this WSJ video

https://www.wsj.com/articles/wsjcoin-yes-we-created-our-own-cryptocurrency-1538559113

As soon as JPM creates it's crypto , people will immediately dump bitcoin and buy JPM coin.

I feel for the last one who will be holding the bag in this ponzi

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W8878788766565's avatar

Elon Musk booked nice profit on Bitcoin. Sold to Millennial lol

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