369 said:
i have a MBA from the most reputable university in germany back in the end of 90's and i consider it as the biggest garbage ever.What they teached was garbage.
You had to have an average of 1.4 to even be able to join that study and still majority left as idiots unable to understand economics from the ground.All they have been teached is how to gather predefined "offical" information and react on it.Unable to create their own opinion and understand fully the process.
A 8-10 year long recession.What do you need to answer why big majority of ETF's will fail.
Additional take that the market is getting now heavily monopolized.Many niches like traveling not needed anymore etc.
We had inflation in the 70's which had to be fought with 20% interest rates.
Today there won't be such a raise of interest rates.
All you will have is stagflation sucking out wealth from people.Results No consumers for diffrent goods anymore.
Once wealth is sucked out UN will come and cut debt from all nations.
And then they implement the deflationary monetary system.
If you understand economy you understand these basic movements.
Am talking here of course about western countries
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