Here's a look at Canada's absolutely insane housing bubble: wolfstreet.com/2022/01/19/mos… by @wolfofwolfst $EWC #VanRE
The spurious global economic boom since 2009 is largely based on bubbles like this. It's happening virtually everywhere at this point.

Asset bubbles create a wealth effect, lending and construction booms, and new jobs. Unfortunately, it's a mirage.

One of these days, the ruling elite (which I am not a part of) are going to say "pull it" and let the global bubble implode, resulting in an economic collapse and 40%, 50%, 70%+ unemployment.

They will then use that crisis as a pretext to force us into a global communist system.
The ruling elite (central bankers, along with complicit economists and financial journalists, etc.), know exactly what they are doing by inflating these bubbles.

They know that a collapse is inevitable.

This upcoming collapse will prove to be very politically useful for them.
2020 to 2022 (lockdowns, mass censorship, forced medical procedures, socialism/UBI trial run) was a preview of what is ahead once the global bubbles collapse.

Christians who warned about the End Times weren't crazy after all. My world-view is increasingly aligning with theirs...
What we're facing goes far beyond medicine, public health, economics, politics, etc.

This is a spiritual matter. There are nefarious forces that are determined to inflict tremendous suffering upon humanity.

I doubted that two years ago, but my eyes have been opened.
I will discuss this theme in greater detail in the near future.

This is all part of an epiphany that I had while taking a break from media activities in 2021 out of utter disgust and resignation.

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More from @TheBubbleBubble

Jan 8
Hello, everyone - it's a new year and I'm coming back from a long break.

I hope that you are all doing well and that 2022 is a year of peace, harmony, stability, and recovery for all of us.

2021 was a very dark year for me and I logged off social media in utter disgust...
As someone who is deeply concerned about the direction that the world is heading (in terms of economic stability, liberty, freedom, culture, etc.), the past year was just too much to bear.

I sunk into a deep state of despair and basically gave up on humanity and the future.
I've been sickened by the increasingly aggressive censorship in the media & on social media platforms, the spread of blatant propaganda, medical fascism, and the rapid loss of our freedoms (intellectual, economic, bodily, etc.) as our society transforms into a hellish dystopia.
Read 7 tweets
Feb 25, 2021
re: the latest market jitters, here's what is happening in a nutshell:

Asset prices & total debt have become far too inflated and require ever-increasing amounts of monetary stimulus to prop it all up.

$SPY $QQQ
As with heroin addiction, the economy builds up a tolerance to stimulus and requires more and more to prevent "dope sickness."

Of course, the central banks WILL give in and pump more stimulus.

But, ultimately, it will kill the addict.

This massive global debt bubble requires ultra-low interest rates to avoid imploding.

That's why every time rates increase ever-so-slightly, the markets panic.

When will it all blow up? It's impossible to tell because it's so manipulated, which makes it even more maddening.
Read 6 tweets
Feb 18, 2021
I’m literally dipping into my famous canned ham and ramen because the roads are still icy and I just don’t feel like venturing out.

See, it’s coming in handy! 😂
Here’s the backstory for those who don’t know:
I prefer the DAK ham over Spam. DAK is the premium stuff.

If I’m dipping into the Spam, that’s how you know we’re in a bad situation. ;)
Read 5 tweets
Feb 18, 2021
My thoughts on Bitcoin breaking above $50k: there’s virtually no limit to how high it can go.

Once you’re in uncharted territory like this and euphoria is fueling it, expect to see some wonky things.

I don’t think it’s a good idea for everyday people to chase it at this point.
Bitcoin has long been on my list of favorite alternative investments, but I’ve never been a fanatic like much of the HODLer community.

I rarely develop a religious fervor for things aside from basic principles like liberty, free markets, etc.

My rarely developing a religious fervor also applies to political leaders.

I find the Trump personality cult to be very bizarre.

He simply wasn’t a good leader. He didn’t stick to core conservative principles like limited gov’t, sound money, and free markets.
Read 7 tweets
Feb 17, 2021
It’s still on-off-on-off. I’m becoming really irritated with this whole situation.

This electricity crisis and extreme weather is the 2021 continuation/version of the coronavirus pandemic shutdowns and chaos of one year ago.

Society is breaking down.

People laugh at me for being a prepper.

Well, I have so many damn good reasons for being one and this weather/electricity crisis is more vindication.

Supermarkets across Texas are being cleaned out once again!

But one important lesson I’ve learned is to become even less reliant on the grid.

People here in Texas (including myself) aren’t properly prepared for snow and extreme cold.

I underestimated that risk because I’m from New York (I’ve been through some serious blizzards!).
Read 5 tweets
Feb 16, 2021
MicroStrategy to borrow $600 million to buy more bitcoin: reuters.com/article/crypto… by @ReutersNoor $BTC $ETH $MSTR
Borrowing to buy Bitcoin...that doesn’t sound risky at all!

That’s where we are in the cycle...

MicroStrategy is practically synonymous with “tech bubble.”

They were one of the poster children for the late-1990s Dot-com bubble (see chart below).

Is history repeating? Image
Read 5 tweets

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