In this short report update, Josh Sigurdson reports on the recent comments by Alan Greenspan regarding a bubble in the stock market as well as the bond market.
Greenspan, former Chairman at the Federal Reserve from 1987 to 2006 is smart, but far from a good person. A master monetary manipulator he tends to be quite aware of the terrible things he’s been involved in for decades.
He is now saying that long term a bubble burst is imminent as the stock market has been dead in the water for 10 years. Well it’s certainly true that it has been doomed for quite some time as banks have been insolvent since before 2008, but to say it’s a long term problem and not something that can burst at any moment is inaccurate. There’s no reason for it to be propped up right now. There’s nothing keeping it up. Just euphoria. But we’re starting to see the rug pulled out from underneath the heavily manipulated market.
Stay tuned for more quick update reports!
Video edited by Josh Sigurdson
Graphics by Bryan Foerster and Josh Sigurdson
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