Someone is making  $$$ Money of Your Fear

Someone is making $$$ Money of Your Fear


  • All the below are my own opinions and experiences that I share and should not be taken as facts other than personal ideas and theories that I frame my own thinking around. My personal investment philosophy or  basis thesis.

 

Has anybody else noticed that pundits on the news and all these social media influencers have for the past 4- 5 years kept repeating the mantra that we are heading for a cliff? Recession is just around the corner, no depression next month! Everyone will be wiped out! Armageddon is at hand!

 

There is a study that shows that people that are negative and predict doom and gloom are perceived as more intelligent. And people that are overtly optimistic are seen as stupid and naive. Social media personalities have taken notice and amassed great followings and wealth talking about the great fall like its a dark fantasy novel like “ Wheel of Time”. 

Or horror like Stephen King's “ The Stand “.

fear

If you need help understanding how I think all this is wrong and understand why you feel you are in a never ending recession although we experienced the strongest longest bull market in history. I highly recommend reading “ The Psychology of Money” by Morgan Housel.

 

  • No Bitcoin is not dying

 

  • Inflation is nothing to fear, buy assets ( “Read Rich Dad, Poor Dad” ), inflation is not a new YouTube invention or something politicians created. It's as old as organized society. Study history and read up on the Roman Empire.

 

  • Millenials are not lost and wasted ( they are inheriting the largest wealth transfer in history and they oversaw and generated the greatest wealth generating technology in modern time.

 

  • The dollar is not dying! There is war in Europe again! The USA is the only self supporting country in the world, they don't need to export, it's a giant of an economy in itself, it can feed itself, generate energy itself.

 

  • A recession will come eventually but the pain is temporary, someone is making money from your fear.

 

  • The American Empire (USA, Canada, allies) came to real power only after World War 2, empires last centuries, study history if you don’t believe me. USA has at least a century to slowly decline left. Trust in the American experiment that people of different cultures can coexist.

 

I'm naive, I'm optimistic, trust in Cryptocurrency, trust in humanity.  Trust in a bright future.

#blog #deso #finance #crypto #bitcoin #publish0x

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Bigapplebo
Bigapplebo

Swedish African personal trainer, Dad and husband (not in that order). But looking to share, explore and blog about my lifestyle and living.


The Financial Dream Tree
The Financial Dream Tree

Fatherhood, fitness and finance.

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