Bail Repo Market
Bail Euro Market
Bail America
Free Money for everyone!!!!!
None of these methods have done enough to quell investor's fear. And deservedly so. There is no end in sight to this CoronaVirus, unless the summer heat "magically" kills off the virus.
Prolonged stretches of forced social distancing and furthermore travel ban will affect the hotel industry, airline industry, taxi industry, cruise industry, etc. These are industries that employ millions of people globally and touch billions of people's lives in some way. To claim that a trillion dollar stimulus would solve this issue when there is no end in sight is laughable. The amount of money that would have to be printed to sustain American society would be in the trillions per month, let alone bailing out each affected industry. America, along with every other country, may be be forced to keep printing to avoid blood on the streets. And even when we manage to solve this CoronaVirus, the damage may be irreparable. Our money supply will have grown so much, yet consumers' purchasing power none. How are they to afford inflated prices? And why are banks still collecting on their loans? Shouldn't the first priority be to pause the expenses of the people, instead of maintaining the revenue of the banks? Maybe I am narrow minded, but I can only see more fear develop as market conditions and society worsens.
I believe TVIX will pass $1000, pass $1150, then $1300 and hopefully peak at $1500.
If by some chance TVIX reaches $2500, it's probably time to stop playing the market and buy a gun.
Please leave a comment on what you think on the current state of the economy and society. I'd love to hear different perspectives.
What will our future society look like? Are we going to move on to a new form of money through the IMF? Is bitcoin the answer?
Will we see a new form of governance? Is this the scenario that gets people to flip the board?