History never repeats - but it does rhyme!!!
The tech bubble was child's play compared to this bubble.
The damage in the tech wreck was limited to a bunch of overvalued companies of limited significance to the overall economy.
Today, every asset class is correlated and each element is grossly overvalued.
The final wash up will be a generational drama not unlike the Great Depression - only it will take much longer to recover from.
Hope you are suitable prepared Pigs.
Best of luck - we'll need it!
DDD
Add to My Watchlist
What is My Watchlist?