9/27/2023 - Financial Market Temperature Check

[NikkiSixx]

As for Ukraine, that war needs to end.. The land occupied by Russia is going to stay theirs. However, the rest of Ukraine will now become part of Nato and the new border will stay one of the most militarized in the world.

They need to somehow let Russia back on the US controlled payment systems and there will be an enormous amount of money poured into rebuilding Ukraine. There is a chance to make a lot of money there. If you can buy an apartment in Kiev, the time to do so is coming soon.

Ukraine is going to become the new tech hub of Europe.

 

[dinglefritz]

Many of them are already busy providing the engine of economic growth, plus working for folks who don't like to clean their own house, plus slaughterhouses, ag work crews, janitorial and lawn services. All in all, a pretty important group of humans to the economic health of the US.

They can’t work legally.

 

[drubendall]

Right now, Europe is getting crushed with Inflation, as is just about every other country besides the US. As long as they hold these rates or bump them slightly (if they do) we are exporting inflation to the rest of the world.

We are seeing some softness in some real estate markets, but there is the very real potential for inflation to come back and double the prices of things again. Right now, that is not happening, it's being pushed overseas, but the long term reality is we have printed too much money and have too much debt, and it must be inflated away.

So short term, it's being offloaded to the the rest of the globe, but longer term, you're going to see the prices of things double again, and that time horizon is maybe 3-5 years. Unless the currency collapses altogether, which likely won't happen.

If you are into crypto, I will give you a little tip.. buy some Bitcoin Cash and some Tron.. both are quietly pumping with Tron having a tremendous amount of upside.

Keep your money in assets as much as you can because Inflation is the only way out of the debt mess.

Just stop with your crypto nonsense.