• 3 Posts
  • 99 Comments
Joined 9 months ago
cake
Cake day: March 14th, 2025

help-circle

  • The engagement bots constantly peppering my comments with inane remarks to draw a reaction is what drove me to Lemmy. I was there early on, and it was awesome. As its popularity grew, it became less nice, but I still enjoyed going there. In the end, I didn’t feel like commenting because I knew that I’d just get hit with stupid responses calculated to draw a response. It just felt harassing.






  • Concentration in fewer and fewer stocks is what happens towards the end of a bull market, and we’re currently in a bull market that has been running wild for years. My personal opinion is that we’re going to get parabolic price increases with a blow-off top, with the following collapse coinciding with the collapse of the U.S. dollar and destruction of the U.S. as the dominant economic force in the world. The stage has been set with a shrinking economy resulting from a massive ill-conceived trade war and indiscriminate deportation of our low-cost labor force, along with gross fiscal irresponsibility from unnecessary tax cuts and excessive spending giving rise to unsustainable budget deficits. The final nail in the coffin will be the debasement of the dollar by a corrupted Federal Reserve that has lost its independence from the Executive branch. There is a reason that gold, a hard asset viewed as a safety net, is in it’s biggest bull run in history, and that bull has a lot further to run. Things will likely come to a head in the 4th quarter of 2026, or not too long thereafter, and we will then slide into that I’m calling “The Greatest Depression”. May you live in interesting times!