Do you know what the credit boom is?

yeah

kinda

Like the whole thing pensions etc.

basically, if you subtract debt from profit you realize that shit isnt anywhere NEAR what its being sold at

Tax dollars used for pensions go into to credit funds and all that shit?

yeah

So you know how people's pension money is being used to artificially inflate stock prices with buyouts

Make them worth more than actual evaluation

im familiar with the concept

its similar to how companies are valued at high prices while not actually posting very high profits in relation to thier debts

if you subtract what a company owes from its actual profits you quickly realise that there is a huge discrepancy between stock market value and actual value

so, if you say i got $50, and am selling 50 shares at $1 a pop, vut I owe $40, and am actually only really worth $10

Basically, the trend has seen the people who manage these pensions decreasing the low yielding cash in favor of high risk credit investments

These has been going on for last ten

yeah, similar to the 2007 real estate crash

Especially 5

Years

I can claim I'm a fortune 500 company, but if 70% of my worth is loans given to people who have zero chance of ever paying, shits gonna fall apart

Well the companies usually don't go under (usually)

of COURSE not

profits are private, losses are public

they get a taxpayer funded bailout and keep going, they get richer and we get poorer

Yeah exactly

theres a REASON "they" are all buying up property in new zealand

and putting money in swiss accounts

they are preparing to suddenly not be american anymore

But I've noticed something that i never really paid attention to before when watching a discussion on the retirement crisis

"I'm not with them, I'm just a wacky eccentric millionaire expat in NZ! NOTHING TO SEE HERE!"

They like to zero in on particular industry

1990s- WorldCom and Enron
Then it was subprime housing
From 2009-2013 it was energy companies

yeah, the "green energy boom" built 100% off of subsidies

Now they're doing it with commerical real estate

you wanna know a funny thing that has alerted me to things not being so good at the top?

i always wanted to fly

i watch aircraft sales

Aircrafts are an investment

They just go up in value

right now you can buy really, really nice aircraft for less than a new pickup truck

aircraft are white elephants

you can easily spend as much keeping them airworthy as the sales price per year