The #stockmarket is the largest #Ponzi scheme out there. A fraud. The absurd year after year #capital gains on shares can't be more detached from GDP increases, and are in never-before-seen levels. The quarterly reports are faked all the time, as their own CEOs admit so often. And shares of the largest components of the index yield no dividend at all to shareholders... in part, because they can't possibly pay them! All gains come from the #greaterfool principle. #Capitalism is smoke and mirrors.
@josephsimons thank you for the #GreaterFool link. But I think you misquoted Garth. I think he meant that #PrestonManning, not #PierrePoilievre, is responsible for the death of centrist conservatism in this country. (To be fair, though, that sentence was unclear.) #cdnpoli #canpoli
Any hashtags out there for tonight's Garth Turner event? How about #GreaterFool @garthturner
Looks like every seat is filled at #GreaterFool
#GreaterFool event tonight cost about $8,000
If this were a drinking game we'd be under the table #GreaterFool: pathetic, basement dwellers, house horny, gasbag
Two major threats today: inflation and deflation #GreaterFool
#GreaterFool Garth says there will still be growth, just glacial, along with robust corporate profits since corps offloaded debt
#GreaterFool interests rates going up soon, plus taxes. Avoid interest, take spousal RRSP, use dividends + cap gains

Great 3 part series about #crypto financial and legal impact and implications. It summarises many of the key events over the last 15 years as well as the reality of making financial returns

If you’re still “investing” at this point, you are the #greaterfool

https://youtu.be/nVRSAjkDR2Q

The Truth About CRYPTO - Pt1

YouTube