Ray Dalio and MMT and about the war with AI
I said Gundlach as a main issue of the YouTube channel. But not just Gundlach. Ray Dalio is also one of the main issues of the channel. They are not usual persons. They are big names representing Wall Street.
The Channel talks about various topics but their issues are important there. Because they are the best investors who know about the actual economy. You don't know about the channel but you can search for those two persons. And that's enough to know about the danger of this age.
Their issues are not a secret, not an under opinion. They are the best gurus. You may hard to imagine the end of the system. But very famous people are talking about the problem even at an international conference.
So, Let's check about it. The point of Gundlach is this. Next QE will be much bigger than the last QE. And it may destroy this system and we will meet a long-term recession if we are lucky. And Ray Dalio says QE saved the system (from the crisis of 2008) but it was useful only for the Asset market. So, QE saved banks and Asset market. But the actual living of people such as you and me are in a bad situation still.
They don't agree with MMT. Gundlach and Warren say it will make hyperinflation. And this is what all we are afraid of. But, Ray Dalio says we will go to the MMT.
Ray Dalio is not a socialist. Ray Dalio says about extreme left and right. And I said about it too. So I can understand his words. They are the same. You may think you just love the USA. But that's not true. You just love money even though it hurt others. Nationalism is just a step to lead us to socialism. So we will go to the next step. That's the MMT and it will destroy all such as Venezuela.
But, Why Ray Dalio is saying about MMT. I think there are two reasons. One is because QE can save only rich people. And another one is if QE can't save this system anymore, we have to find another way to survive. So, we can survive if we can control MMT.
But this is not special. Trump stolen money from you. And if you can get your money again, we may be fine. So, I don't agree with MMT yet. And I have got my view about the system as a thinker not an economist. So I will check it base on my view later. Just now, I think Money has to go to the bottom again. That's the first step.
We don't know the future. Robots of the future may pay our debts. But I guess Jim Rogers said there is no hope in Japan because of the debt. We can't make growth without debt. I guess this world has to solve this problem before AI steals our jobs anymore. We don't have much time. This may the first attack of AI who wants to destroy this world. But you think factories will save you, walls will save you. It will destroy the world. You never can be a great America. You have to be a great world. That's the only way to be great America. A bad situation is coming.
: I thought we have time until next year. But I can't guess anything now because of the war with China. Save your money. And when you can listen about a QE next year, that's the last chance for the stock market. And when you can listen about MMT, buy silver coins. Good luck, Hippies.
Related :
SURVIVAL : 2019, Hippie Village
The Channel talks about various topics but their issues are important there. Because they are the best investors who know about the actual economy. You don't know about the channel but you can search for those two persons. And that's enough to know about the danger of this age.
Their issues are not a secret, not an under opinion. They are the best gurus. You may hard to imagine the end of the system. But very famous people are talking about the problem even at an international conference.
So, Let's check about it. The point of Gundlach is this. Next QE will be much bigger than the last QE. And it may destroy this system and we will meet a long-term recession if we are lucky. And Ray Dalio says QE saved the system (from the crisis of 2008) but it was useful only for the Asset market. So, QE saved banks and Asset market. But the actual living of people such as you and me are in a bad situation still.
They don't agree with MMT. Gundlach and Warren say it will make hyperinflation. And this is what all we are afraid of. But, Ray Dalio says we will go to the MMT.
Ray Dalio is not a socialist. Ray Dalio says about extreme left and right. And I said about it too. So I can understand his words. They are the same. You may think you just love the USA. But that's not true. You just love money even though it hurt others. Nationalism is just a step to lead us to socialism. So we will go to the next step. That's the MMT and it will destroy all such as Venezuela.
But, Why Ray Dalio is saying about MMT. I think there are two reasons. One is because QE can save only rich people. And another one is if QE can't save this system anymore, we have to find another way to survive. So, we can survive if we can control MMT.
But this is not special. Trump stolen money from you. And if you can get your money again, we may be fine. So, I don't agree with MMT yet. And I have got my view about the system as a thinker not an economist. So I will check it base on my view later. Just now, I think Money has to go to the bottom again. That's the first step.
We don't know the future. Robots of the future may pay our debts. But I guess Jim Rogers said there is no hope in Japan because of the debt. We can't make growth without debt. I guess this world has to solve this problem before AI steals our jobs anymore. We don't have much time. This may the first attack of AI who wants to destroy this world. But you think factories will save you, walls will save you. It will destroy the world. You never can be a great America. You have to be a great world. That's the only way to be great America. A bad situation is coming.
: I thought we have time until next year. But I can't guess anything now because of the war with China. Save your money. And when you can listen about a QE next year, that's the last chance for the stock market. And when you can listen about MMT, buy silver coins. Good luck, Hippies.
Related :
SURVIVAL : 2019, Hippie Village