John Rubino returns… The great reset is coming. A monetary reset is backed in the cake. The World Economic Forum in Davos has an intiative called the Great Reset. They’re using the pandemic to restructure the global economy. The details aren’t completely clear, will there be a word government?
Stimulus money has been going into RobinHood accounts. Millennials are buying stocks based on name recognition and a cheap price. Day traders are snapping up Hertz Rent-a-Car stock to the point that Hertz is looking at doing an offering, while in bankruptcy. The disclosure document is hoot, informing purchasers that they’ll likely be wiped out in the eventual reorganization, because equity holders are seldom left with anything once a Chapter 11 is complete. But in fact, Hertz is a great brand, known for superior service and a positive consumer experience, and if you’re a Millennial what else matters?