Saturday , 15 August 2020


Economy

The Bitcoin Bubble Explained in 4 Charts (+2K Views)

Many financial pundits and crypto advocates have scrambled to argue whether Bitcoin is a bubble or not so, as the financial community takes sides, I have dug into Bitcoin’s tremendous run using nothing but hard data to see whether it’s in bubble territory or not. Below is what I found as illustrated in 4 charts.

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A MAJOR Political & Financial Upheaval/Revolution Is Underway

Today, we’re seeing the greatest political polarization since the Civil War, a debt and financial asset bubble that makes the Roaring 20s look like child’s play, and income inequality greater than that experienced in 1929 and the discovery of a rare convergence of three-long term cycles points to a revolution - a true revolution.

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Bitcoin Has Smashed Through the $7,000 Mark – What Does Its Future Hold?

The upward momentum that we are witnessing at the moment in Bitcoin is certainly not sustainable indefinitely. Anything that goes up that fast is eventually going to come down, and those that invest at $7,000 could end up seeing the price fall back several thousand dollars or, conversely, the euphoria surrounding Bitcoin could propel it through the $10,000 mark and make all of the skeptics look like idiots.

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Congress Needs To Cut Taxes In Order to Boost Revenues & Stimulate the Economy – Quickly! Here’s Why (+2K Views)

It's pandering season again, with politicians and journalists wringing their hands about how cutting taxes will be a windfall to the rich and result in higher deficits. The truth, however, is that by NOT cutting taxes the federal government is losing money and the economy is suffering from sluggish growth. Cutting taxes would almost surely result in a significant boost in revenues and stronger growth.

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