The markets don't have to correct like the Dot-Com crash in order to bring this back into balance.
They can just turn the printers back on
This is insane:
The Nasdaq's market cap relative to the US M2 money supply has hit a record 176%.
This means the market value of the Nasdaq is nearly TWICE as large as the the total stock of liquid money in the economy.
The ratio has now exceeded the 2000 Dot-Com Bubble peak by ~45 percentage points.
Never in the history of financial markets has the rise in stock prices exceeded the growth of the money supply by this much.
At the same time, the Nasdaq’s market cap relative to US GDP has risen to a record 129%, almost double the Dot-Com peak.
How much further can it go?
Considering the Federal Reserve's primary responsibility is to manage the market's expectations, it really shows how much they have lost control.
Josh D retweeted
The market is speaking and ppl just choose to ignore or make excuses.
In the short run, the market is a voting machine, but in the long run it's a weighing machine.
Cardano is one of the oldest crypto out there and it's still down 70% & there's less than 1000 active particpants
Josh D retweeted
If you’ve ever sat in traffic at 7:42 AM,
sipping lukewarm coffee in a $40,000 car you still owe $29,000 on,
headed to a job you hate,
just to pay rent for a house you’ll never own,
Congratulations.
You are ready for Bitcoin.
Now he's shilling #Bitcoin. The journey is complete
Look what fiat has done to the mind. Its BRAINWASHED them into thinking that money is meant to be spent instead of a storage vehicle for your time, energy, LIFE-FORCE.
Ppl need to remember what they are ACTUALLY giving up in exchange for money.
This Post is from a suspended account. Learn more
Josh D retweeted
It's literally insane to say that you won't prosecute child rapists. Trump administration says there were hundreds of underaged girls who were raped - and we won't prosecute a single person who did it! Isn't that nuts? Previous administrations also didn't prosecute. What is this?
Josh D retweeted
The Epstein client list was supposed to be SITTING on Pam Bondi’s desk for review.
But months later, the DOJ says no such list even exists.
Karoline Leavitt was just asked why there was such a reversal in so little time.
Her responses today are raising eyebrows.
🧵 THREAD
