As long as we mint millions from a Continuous Bull Market, we’ll always remain one action ahead of the Financial obligation Beast. AI!.
Of the many astounding developments of the present era (AI!), none is more amazing than the expansion of soothsayers peering into crystal balls to anticipate One of the most Crucial Trend In The Universe— a Bull or Bear stock market. The computing power and wealth thrown at summoning charts, stats and projections is astounding in and of itself, however the proliferation of crystal balls and soothsayers is a lot more impressive.
After evaluating numerous charts, data and forecasts on the most arcane correlations and the deepest data-dives (AI!), I have actually reached soothsayer satori: the trick to guaranteeing a Never-Ending Bull Market in which significant wealth will be piled up by all those entities (software application and wetware alike– AI!) who purchase every small dip and continuously roll over their zero-expiration-day-call-options is this:
Say “AI” 300 times with impassioned interest and then click your heels 3 times. You will then be transferred to a wonderful paradise where stocks just decrease for a couple of moments to enable dip-buyers the enormous satisfaction of buying more stocks at a discount.
Did I forget to state AI? I’m on number 199, and I’m trying not to lose count. AI!
Setting aside the thousands, or perhaps millions, of charts, stats and projections, let’s just contemplate one: TCMDO, Financial Obligation Securities and Loans, courtesy of the Federal Reserve System.
AI, 200, AI, 201– AI! The very first thing we observe is the total financial obligation has actually been following a parabolic curve since that spot of trouble (economic crisis) in 1981-82, increasing 15.5-fold considering that Q1 1983, 40 years earlier, from $6 trillion to $94 trillion.
Gdp (GDP), more or less a measure of the genuine economy, increased from $3.5 trillion in 1983 to $26.5 trillion in 2023, a 7.5-fold increase, a substantially less stupendous rise than financial obligation.
This chart raises two questions:
1. For how long will it require to add the next $40 trillion in financial obligation?
2. Specifically how will AI alter the trajectory of debt, or the eventual banquet of effects of parabolic increases in debt?
One fascinating thing that isn’t communicated by the chart is that Americans have not experienced a real recession for 40 years. A real economic crisis lasts a very long time and grinds down financial obligation via an increasing tide of personal bankruptcies, defaults and writedowns. Thanks to Federal Reserve hocus-pocus, no economic crisis given that 1982 has lasted more than a couple of brief months or been more than a shallow dip.
Only individuals 60 years of age and older have any experience as working adults of a real economic downturn. For everybody younger, we might also be speaking about the Panic of 1873 and even that spot of trouble in Rome circa 14 AD.
Regardless of poring over numerous charts, data and projections issued by soothsayers peering into digital crystal balls (AI!), not one reflected the possibility that the United States was past due for a genuine economic downturn that eliminated $40 trillion in debt instead of another Booming market run that added another $40 trillion in debt.
Never ever mind, as long as we mint millions from a Nonstop Booming Market, we’ll always remain one action ahead of the Debt Monster. AI! Crystal Balls, Soothsayers and AI, Oh My … AI, 202, AI, 203 …
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