Post by fschmidt on Dec 8, 2020 5:21:07 GMT
In my previous investments, I made one serious miscalculation. I knew that the masses had become morons since the year 2000, but I seriously underestimated how stupid they would become. And this has practical investment implications. What has happened is that the masses have become so stupid that they are incapable of resisting the globalists. The very last resistance is President Trump, and that will end when Biden becomes president. At that point the globalists will be in complete control.
Let's consider precious metals as an example. I invested in precious metals on the assumptions that current government currencies will become worthless and that this will cause people to lose confidence in government currencies, and so turn to precious metals. The first assumption is clearly correct, current government currencies will become worthless. But then what happens? The government will blame covid or Russia or white nationalists or whatever. Anything except the true cause. Then the government will issue a new digital currency which the government will promote using various lies. The government will condemn gold as being racist or causing covid-21 or whatever lie occurs to them. And the moronic masses will believe whatever the government says. So much for precious metals.
So what investment makes sense? First, one should assume that the globalists will always win. The masses are just too stupid to resist. So invest on the globalist side. And this means stocks. The corporate world will only consist of businesses aligned with the globalists. Any business not aligned with the globalists will simply be crushed. So investing in the stock market is investing in the globalists.
What of the argument that current the P/E ratio is too high? This misses a fundamental change in the world economy. We are headed into a dark age that will be poor and miserable. So investment returns in general will be poor for probably the next 1000 years. The lower P/E ratio simply reflects this fact. Stocks will not drop because nothing else will give better returns.
How best to invest in stocks? I simply bought the Vanguard Total World Stock ETF (VT). Individual stock prices are affected primarily by 2 factors. First is what is trendy among the moronic masses. And second is what the globalists currently support. Since I know nothing about either of these, I don't pick stocks. Furthermore nations have become irrelevant, so I don't want to pick nations either. A total world ETF solves all this. It is simply a bet on the globalists as a whole.
What about cryptocurrencies? The argument for bitcoin is similar to the argument for gold, but much weaker. At least gold is unique. There are a lot of cryptocurrencies similar to bitcoin. I think the globalists realize that bitcoin is basically just a ponzi scheme, and they are happy to let this play out until bitcoin investors lose their money.
But I think there is a valid argument for the right cryptocurrency. When governments release digital currency, cash will disappear which means that anonymous financial transactions will become impossible. The right cryptocurrency could replace cash as the means of anonymous transactions. This cryptocurrency must allow for fast transactions and an untrackable ledger. I am only starting to look into cryptocurrencies now, and if I find such a cryptocurrency, I will invest in it. If this investment thesis is correct then there is a lot of money to made here. My view is contrary to the two mainstream views. The mainstream view of most crypto investors is that crypto will replace government currencies. This is complete nonsense, typical of the moronic masses. The mainstream view of many investors is that crypto can't succeed because governments will outlaw them. My view is that the globalist governments will make life so intolerable for small business that much of it will be driven underground anyway, so an illegal crypto that can replace cash will become very valuable. I don't think governments would go after such a crypto too much because it doesn't threaten them. It would be something like alcohol during prohibition.
While the stock market investment is a bet on the globalists, my crypto idea would be a bet on an underground economy that I think is inevitable in a globalist world. A globalist world means that the world would look like one giant third world country. All resources and major industries would be controlled by the elite, while the rest of humanity would struggle to survive as serfs (employees) or in the underground economy. And I will invest based on this assumption.
Let's consider precious metals as an example. I invested in precious metals on the assumptions that current government currencies will become worthless and that this will cause people to lose confidence in government currencies, and so turn to precious metals. The first assumption is clearly correct, current government currencies will become worthless. But then what happens? The government will blame covid or Russia or white nationalists or whatever. Anything except the true cause. Then the government will issue a new digital currency which the government will promote using various lies. The government will condemn gold as being racist or causing covid-21 or whatever lie occurs to them. And the moronic masses will believe whatever the government says. So much for precious metals.
So what investment makes sense? First, one should assume that the globalists will always win. The masses are just too stupid to resist. So invest on the globalist side. And this means stocks. The corporate world will only consist of businesses aligned with the globalists. Any business not aligned with the globalists will simply be crushed. So investing in the stock market is investing in the globalists.
What of the argument that current the P/E ratio is too high? This misses a fundamental change in the world economy. We are headed into a dark age that will be poor and miserable. So investment returns in general will be poor for probably the next 1000 years. The lower P/E ratio simply reflects this fact. Stocks will not drop because nothing else will give better returns.
How best to invest in stocks? I simply bought the Vanguard Total World Stock ETF (VT). Individual stock prices are affected primarily by 2 factors. First is what is trendy among the moronic masses. And second is what the globalists currently support. Since I know nothing about either of these, I don't pick stocks. Furthermore nations have become irrelevant, so I don't want to pick nations either. A total world ETF solves all this. It is simply a bet on the globalists as a whole.
What about cryptocurrencies? The argument for bitcoin is similar to the argument for gold, but much weaker. At least gold is unique. There are a lot of cryptocurrencies similar to bitcoin. I think the globalists realize that bitcoin is basically just a ponzi scheme, and they are happy to let this play out until bitcoin investors lose their money.
But I think there is a valid argument for the right cryptocurrency. When governments release digital currency, cash will disappear which means that anonymous financial transactions will become impossible. The right cryptocurrency could replace cash as the means of anonymous transactions. This cryptocurrency must allow for fast transactions and an untrackable ledger. I am only starting to look into cryptocurrencies now, and if I find such a cryptocurrency, I will invest in it. If this investment thesis is correct then there is a lot of money to made here. My view is contrary to the two mainstream views. The mainstream view of most crypto investors is that crypto will replace government currencies. This is complete nonsense, typical of the moronic masses. The mainstream view of many investors is that crypto can't succeed because governments will outlaw them. My view is that the globalist governments will make life so intolerable for small business that much of it will be driven underground anyway, so an illegal crypto that can replace cash will become very valuable. I don't think governments would go after such a crypto too much because it doesn't threaten them. It would be something like alcohol during prohibition.
While the stock market investment is a bet on the globalists, my crypto idea would be a bet on an underground economy that I think is inevitable in a globalist world. A globalist world means that the world would look like one giant third world country. All resources and major industries would be controlled by the elite, while the rest of humanity would struggle to survive as serfs (employees) or in the underground economy. And I will invest based on this assumption.
