Banks are over-leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.

twitter.com/iLoveJaneAdams/status/1596668950028648448

MARKET WATCH: Economy is in the Biggest Bubble in World History – Collapse Incoming

Many of you know I do not invest in equities, bonds, ETS or MFs. Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.” I believe economy is the biggest bubble in world history. God have mercy on us all.

— therealkiyosaki (@theRealKiyosaki) November 25, 2022

“ Kiyosaki’s comments on Friday come as many economists are predicting a recession in 2023 for the U.S. economy after a series of interest-rate increases implemented by the Federal Reserve to combat a surge in inflation.”

 

h/t rrogerstx