Friday, May 29, 2026

Slowly, then fast, bankruptcy

 

How I went bankrupt, not me but someone famous once said, slowly then fast 


Anyway, I think it was Mark Twain.


Anyway markets seem to be leaning towards getting expensive and overvalued by some analysts.  


Here in the US markets are trending up and have been for awhile. Same in Korea, almost 200% and in Japan too.


The war in Iran hasnt not knocked share markets down if any.


In Indonesia they have been trending down for awhile now, and in India too.


Europe maybe next. 


Treasury bonds in North America and the UK have been trending down and Europe too, I think. So inflation has drivin up interest rates quite a bit but hasnt knocked shore markets over much except Indonesia, Philippines and India. 


I do believe in time some markets and sectors could get knocked down 20%or 30%,  some maybe lower. 


This could cause a deflation scare, and if I had to guess most governments will lower interest rates quite a bit, especially if joblessness shoots up quite a bit.


This will suck if the world economy slows down and government pensions get cut or frozen and inflation is stubbornly high.


As always I dont know the future but will prefer to be open to anything. And a willingness to start an online business and put partial capital into trend following ETFs and or managed future ETFs. 


If gold pulls back I would add some gold, I assume with or without inflation uncertaintcy will go up and more people buy gold coins/bars.


I also assume with all this new technology more people will continue to work online and start online business to keep productive and prosperous and to pass on this knowledge to the younger generation.


Anyways it will be interesting to see how markets react to a peace deal in Iran if that happens. 


I think markets correct then the real damage from the war gets recognized and dealt with and then markets stabilize and then start back up.


Its my belief Governments want us speculating and gambling and paying tax on out gains to keep this rodeo going, thats why I lean to an inflationary ourcome.


Ive come to the conclusion market participants want this to, the average man doesnt want government to cut pensions and benefits so they prefer rising inflation and wages to deflation and thats why both parties vote for it, at least in North America. 


Rather than fight these trends I accept them and plan to start an online business and live wherever I want, probably Philippines, maybe Cambodia and never rule out Mexico. 


The cost of living is low, governments and people their leave you alone, not to mention taxes are low.


I think more people will do this in North America and Europe too.


Good Luck, Happy Hunting. 

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