When Will it End and Who Will Be the First Out

in #finance6 years ago

Any collapse is going to be fast and the money men are going to be first. At first, I thought Bitcoin would be the future and then realized it was only an experiment in which some people made a lot of money as they worked the dips, buying low and selling high. Following many viewings of financial advisors and commentators, realized that if a computer wiz can set up and work out this crypto, then in fact, the government, or shall I say, those who run the people who run the governments of the world have already figured crypto out awhile ago and that the latest versions of crypto are the public experiment to assess its workability and functionality. Yes, many people will make money but as Gregory Mannarino has stated many times, the pigs will go to slaughter. Those who do incremental buying or are stackers are going to be taken by surprise, maybe not today or this year, but one morning will wake up to headlines which will take the eternal holders to the pig trough and feed them poison. Lurking in the thousands of cryptos a=is one or maybe more than one which is run by a government, bank or a collection of governments. It is standard knowledge that electronic currency is the wave of the future and that the debt held by governments is not one which could​ ever be paid back. So, who pays and who loses? Right now it is my contention that no one knows other than an elite circle of bankers and government leaders. Everyone else is in the farmyard yelling "fire fire fire" wondering how to beat what is coming​ down the pipe and how to beat the system.Personally, I look to the Chinese​ who have survived and shall be the next world power. They are taking baby steps to accomplish their goals as we in the west are concerned with the profits from the next quarter. And as a side note, the reign of world power has traveled from east to west which places the Chinese right in line to command the power they are so very patiently planning for. Although I have answered no questions outright, I do believe I have brought about food for thought. A final thought, although bleak, is that we in the US are being numbed down to violence, much of which we will see more and more of as the months and years go by. The time for change has come and I can only hope it is a peaceful transition, however, I feel that so many people are going to be harmed financially that it may all regrettably spill over to physical hardships in both the US and Europe at the mercy of the Chinese and/or constructionists of a one world currency and governing body. A final word... When the crowd goes one way, the best idea is the go the opposite way, and not profit at first, but survive in the long-term​.