"Because investors have so much money to invest and because of past success stories of stocks of revolutionary technology companies doing so well, more companies than at any time since the dot-com bubble don’t have to make profits or even have clear paths to making profits to sell their stock because they can instead sell their dreams to those investors who are flush with money and borrowing power."Very thought provoking read. I remember what happened the last time we had an overvalued market. In a time where ICO's sold dreams and had too much money pushed towards them.It's never fun playing the advocate of doom and gloom. But this man understands debt and how it can effect markets. "Principles for Navigating Big Debt Crises - Ray Dalio"I believe that all markets will correct, and we will find a true source of wealth as the financial world comes back to reality. Wether this is Gold, Bitcoin/Altcoins or a combination of both. Just be ready, be smart and prepare for anything.https://ift.tt/2NIgGeq
Submitted November 06, 2019 at 11:07AM
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