Adding to that, I love how his analysis is completely detached from the consequences this burst will impose on the working man. As it did in the dotcom bubble.
Of course they will, the ultra wealthy are too big to fail. In a bubble like this, they just invest in pretty much everything and take the losses on the 99% of failures to get the x1000 multiples on the 1% of successes. While the rest of us take the hit.
To those who have everything more will be given; from those who have nothing everything will be taken.
Adding to that, I love how his analysis is completely detached from the consequences this burst will impose on the working man. As it did in the dotcom bubble.
Of course they will, the ultra wealthy are too big to fail. In a bubble like this, they just invest in pretty much everything and take the losses on the 99% of failures to get the x1000 multiples on the 1% of successes. While the rest of us take the hit.