McCoy on Nostr: Debt crises looming…… some thoughts: ✅Boomers + “older”Boomers had massive ...
Debt crises looming…… some thoughts:
✅Boomers + “older”Boomers had massive gains in wealth since 1970’s. Mostly index funds and real estate. ✅Now they r attempting to drain the last bit of wealth from our failing fiat system via inflation adjusted entitlements
✅20-40yo “kids” will be increasingly focused on this unfair outcome and will attempt to find “political” solutions
✅it won’t work
✅what they should do is go all-in on the parallel antifragile system
✅#bitcoin - ignore at your own peril
…….
✅if u are lucky enough to straddle both “eras”, r open minded & willing to take some risk, u can take wealth from the old system & transfer it to the new one
✅Boomers + “older”Boomers had massive gains in wealth since 1970’s. Mostly index funds and real estate. ✅Now they r attempting to drain the last bit of wealth from our failing fiat system via inflation adjusted entitlements
✅20-40yo “kids” will be increasingly focused on this unfair outcome and will attempt to find “political” solutions
✅it won’t work
✅what they should do is go all-in on the parallel antifragile system
✅#bitcoin - ignore at your own peril
…….
✅if u are lucky enough to straddle both “eras”, r open minded & willing to take some risk, u can take wealth from the old system & transfer it to the new one