Ferrari Mailing List: Re: Insanity strikes again!

[Rick Moseley (ramosel]



“nothing forces us to know what we do not want to know except pain”  ~Aeschylus

On Feb 12, 2022, at 10:09 AM, Erik Nielsen <judge4re [at] gmail.com> wrote:



Those numbers will be back.  The current economy is 100% driven by debt, which drives inflation of all asset classes.  Once you dig into the games they played with the latest round of seasonal adjustments on employment, you realize the whole thing is a giant ponzi scheme waiting for a strong wind to blow.  When the spigot finally closes, there is going to be another hard crash.  Everyone loves the boom but few take heed of the lessons learned during the bust.

Failure is the only teacher.