As the ancients said, when you win, tighten the cords of your helmet. The reality of the American economy is weak. The challenges are piled up, including illegal immigration, interest payments on government bonds, inflation, drug addiction, bank loans, and bankruptcies, which are all legacies left by Biden and Harris.
Under the Biden administration, the American economy is excessively issuing national debt, with an annual interest payment of an unbelievable 150.5 trillion yen, and despite the Federal Reserve's Powell acknowledging economic recession and lowering interest rates, the inflation rate does not decrease. This has resulted in a situation where a house that could be bought for 30 million yen ten years ago in America is now worth 70 million yen, and the majority of commoners are deeply in debt, with the total debt on credit cards reaching its all-time high as many banks are going bankrupt. The next move of the Democratic Party administration is to bring down this debt-ridden dam under the Republican Trump administration's rule, causing a severe recession to criticize the government and trap Trump. From a macro perspective, I think the American economy is fragile and quite high-risk. Ten years ago, even if the US, as the reserve currency, borrowed as much as it wanted, as long as the circulation of the dollar worldwide continued, it could keep rubbing off the national debt. However, in recent years, countries like Russia and China from BRICS have introduced the gold standard or accelerated their move away from the dollar. Elon Musk has often expressed concerns that unless something is done about the interest payments on US national debt, the American economy will collapse. Buffett is also hesitant about investing in US stocks, and billionaires are actively buying nuclear bunkers and islands with strict security measures... Scenarios involving scenarios such as the Third World War and variants of the Wuhan vaccine causing a large-scale massacre that could lead to the collapse of the American economy come to mind. Therefore, Tesla's stock will rise, but one must be cautious about investing, always keeping in mind the potential collapse of the US economy. It is essential to increase savings to weather a recession beyond the scale of the Lehman Shock, and solidify your current situation with excess funds. A potential collapse of the American economy in the future is an excellent buying opportunity... it's a chance. When the comments section is filled with cries of despair, that's the best buying opportunity. The current market is brimming with joy and complacency, so it's not a buying opportunity. I dream and pray that the market will be engulfed in cries of despair and the comments section will be filled with the desperate screams of retail investors, as I sleep.
"Bull markets are born in pessimism, grow in skepticism, mature in optimism, and die in euphoria." by John Templeton
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