Headed for total disaster.
A clear trend of worsening fiscal disorder since the break of the gold standard in 1971.
How does it all end?
Colossal monetary dilution.
None of us own enough gold. pic.twitter.com/CzqnUDhGVc
— Otavio (Tavi) Costa (@TaviCosta) August 23, 2020
The Fed has created a speculative bubble that has pushed debt levels beyond what the U.S. economy can support, Leon Cooperman says t.co/wYFbpzItco
— Win Smart, CFA (@WinfieldSmart) August 24, 2020
Stock ownership increasingly concentrated among small share of population; top 10% of earners owned 87% of all U.S. stocks in 1Q 2020—up from 82.4% in 2009—while bottom 50% owns just a sliver @WSJ @federalreserve pic.twitter.com/HpbAVuYOsH
— Liz Ann Sonders (@LizAnnSonders) August 24, 2020