I think so too, but only once theres a way to opt-out of them, like with this HF people can still bid bot but they do it less because theres something to counter-balance it.

Nothing has been keeping these central banks in check, they are untouchable and deemed too big to fail so they take the risks or rather gambles and we all go along with it, thinking they have it all figured out.

I think that those like you say who are opting to be liquid and use sound business practices will survive and soon thrive once these leveraged entities go bust.

In South Africa, we have a bit of a hybrid economy so we have the western style banking which was set up and run from the previous regime (preapartheid), we have the informal economy which is all cash and trading, then we have the state-owned enterprised, the government is our biggest employer and prop up unprofitable businesses with tax revenue.

Money doesn't really flow well between the 3 and its sort of a trickle-up economy which is why we have one of the biggest income disparities in the world. Not to mention all the corruption and theft that goes along with it, blatant really.

Its a broken system thats ready to burst at the seams

!ENGAGE 40