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Reply to: The Official DOOM: Mother of All Crashes
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Previously on "The Official DOOM: Mother of All Crashes"
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Originally posted by minestrone View PostUS banks have an extra trillion of savers money. What does Biden do? Prints 2 trillion for handouts.
Inflation will hit 30% Companies can't make a profit with that. Tax take will drop, unemployment will hit 20%. Some cities will crash so hard there will be cannibalism.
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US banks have an extra trillion of savers money. What does Biden do? Prints 2 trillion for handouts.
Inflation will hit 30% Companies can't make a profit with that. Tax take will drop, unemployment will hit 20%. Some cities will crash so hard there will be cannibalism.
Leave a comment:
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AMD share price going to zero soon, sell it all, and buy Crypto before it's too late!
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the ‘Mother of All Crashes’ is a Paiste Signature series 20" fast crash.
I know. I've got one.
hth
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The Official DOOM: Mother of All Crashes
“Michael Burry Warns Retail Traders About the ‘Mother of All Crashes’
The fund manager of ‘Big Short’ fame issued a stark series of tweets about cryptocurrencies and meme stocks.
Michael Burry, who became a household name after his winning bet against mortgages was featured in “The Big Short,” issued a series of tweets on Thursday warning individual investors about losses “the size of countries” in the event of crypto and meme-stock declines.
“All hype/speculation is doing is drawing in retail before the mother of all crashes,” Burry wrote on Twitter before the posts were deleted. “When crypto falls from trillions, or meme stocks fall from tens of billions, #MainStreet losses will approach the size of countries. History ain’t changed.”
https://www.bloomberg.com/news/artic...?sref=o1Dqf087
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