hey mate... hope you are ok... you sound a little emotional, not a good sign in this game... or maybe you had a little tooo much coke or other substances and have lost the plot a little?, either way chill man..
I will offer some insight however regarding government debt and another potential GFC to offer you some sort of understanding what is happening..
We are at the beginning of a hyper inflation... you will notice things are going up, not down... demand is here due to production lines not being able to keep up because of lockdowns and factory shut downs due to covid..
For example, I have been trying to update one of my 4WD's for the last year, every time I went to buy a new one they said it would be 7 months... so I didn't buy anything, stupid of me for not buying then because the same 4WD went up 20% because of demand.. this is happening with everything..
Governments have added so much dilution to their own currency's that their own debt is catastrophic ... so how do you think this will be resolved... easy.... hyper inflation... a loaf of bread will go from $5 to $10, wages will increase to make up for it, and so on... so what $million is worth today will most likely be worth half the value in less than a few years, this will actually halve the countries debt value as everything else has doubled if not more.... so hence the stock market will continue to climb, short term correction may take place, but it wont be as big as we think.. commodity prices are moving upward, demand is still there...
IMO the only way the markets will have a huge correction will be due to WAR or a catastrophic pandemic that makes Covid look like a common cold... then it will be every man for himself... but lets not worry about that for now shall we..
hyperinflation IMO is guaranteed due to the worlds over all economy collapse due to covid... this is history in the making.... money in the bank is not king, imagine watching your savings value halved in less than a few years, so hence big money will be looking to invest and put it somewhere that it will grow and not deplete in value... stock market will most likely see more highs through out the year... when hyperinflation is evident then you will see a spike in the stocks...
many analysts are talking hyperinflation now, I thought it would hit more in 2022... its happening... housing where I live has jumped 30% in less than a year... cars have gone up, the price of food has gone up, governments are lifting the minimum wage...it is happening... business and huge companies will make more money with hyperinflation, hence stocks will continue to climb...
it is a confusing time, that is for sure...but hey, it is what it is, keep your finger on the pulse and ride the waves I say... money to be made, and a lot of it... FA is the key, if backed by TA then you're in the money... I think we are in the money here... still risks to be had... but this is holding up a lot better than I expected at current support levels...
I own 2 small business's... we did take a hit, so yes SMEs are suffering somewhat globally... but eventually this will iron out... with hyperinflation, increased wages etc etc, in time business will increase globally as everything should at some point scale out to be feasible for SME's to flourish again..
9spokes has serious exposure now via big named partners, the work is in play... a lot going on behind the scenes... in the last 12 months a lot of progress in the business structure has taken place... so now we should be making some sort of revenue ... the re-rate will come when we are cash flow positive... the market is not as excited anymore with new agreements and partners as the "material" revenue is not disclosed here at 9sp... we await financials to be exposed to understand growth... this is where it is at... patience is the key currently...
we have nothing real to discuss until we start to fathom the revenue streams derived from these partnership agreements... so until then, take a chill pill man... I would suggest weed over coke, just saying
