> you don’t have to race to find a sucker to liquidate your position
Whose the sucker when they tell you that limitless, growing, roll-over debt is a actually a feature of the system? Who pays the price when a government hands over billions of dollars to bailout the financial/auto/x industry?
> assets linked to governments or value generating corporations will have value for the foreseeable future
"foreseeable future" means whats exactly? UK pension funds were about to collapse until they were bailed out by the government. How foreseeable are events like these, wiping out people who have otherwise done nothing wrong?
https://www.theguardian.com/business/2022/oct/06/bank-of-eng...