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<blockquote data-quote="BK9954" data-source="post: 1430648" data-attributes="member: 23651"><p>Yeah bitcoin has me puzzled, people that have that will eithet get filthy rich or lose it all. Wierd being a digital currency. People will default on all the debt. With my commodities me and my family are invested in, we can pay off anything we owe depending how high the inflation goes. Oh and dont come to the house looking, only a fool would keep any valuables at the house. A lady from the federal reserve in Dallas was on a show recently, said the way they grade the health of the economy is based on loans. She said there are record high defaults on car loans from 2015. She said when people default on transportation, its a very bad sign of economic health. Unemployment is low because it doesnt account for all of the people who have outright dropped out of the work force. We are not doing as good as people think. Sales are low in the restuarant industry, auto industry, not looking good. The stock market is artificially inflated but that will balance out and people will lose a lot on that one. It would be wise to sell now.</p></blockquote><p></p>
[QUOTE="BK9954, post: 1430648, member: 23651"] Yeah bitcoin has me puzzled, people that have that will eithet get filthy rich or lose it all. Wierd being a digital currency. People will default on all the debt. With my commodities me and my family are invested in, we can pay off anything we owe depending how high the inflation goes. Oh and dont come to the house looking, only a fool would keep any valuables at the house. A lady from the federal reserve in Dallas was on a show recently, said the way they grade the health of the economy is based on loans. She said there are record high defaults on car loans from 2015. She said when people default on transportation, its a very bad sign of economic health. Unemployment is low because it doesnt account for all of the people who have outright dropped out of the work force. We are not doing as good as people think. Sales are low in the restuarant industry, auto industry, not looking good. The stock market is artificially inflated but that will balance out and people will lose a lot on that one. It would be wise to sell now. [/QUOTE]
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