Thanks for sharing. I always listen to interviews with Mr. Morgan.

Welcome to the rigged economy!

A currency without backing (gold, silver) is always weak. A weak currency is a kind of hidden protectionism (see China).

One thing is certain - the taxpayers will have to pay the bill. That is one thing you can count on.

The Dogecoin story perfectly show, how overheated the crypto market is (a similar developement could be observed in 1999 regarding the internet stocks).

Regarding the statement "It appears as though bitcoin may have been co-opted by the banksters (...)" - given the ROI (return on investment) rates of about 1000%, it was just a matter of time

The question here is, how these debts will be repaid. There are some wishful-thinking-theories saying that they will be forgotten and forgiven. I would not count on that!

Great video!

The Bitcoin hype perfectly shows how the herd mentality works.

Re: "The entire economy is run by the central bank it is not an open free economy or market". It is often described as a rigged economy. I ma glad that we share the same view.

Re: "This Is Getting Ridiculous!" - sure, because it is a BUBBLE! It is that simple.

Could it be that China pulls the plug on NK?

The ones, who build the whole infrastructure (stadions, roads etc.) are certainly excited.

I adressed the similar issue in my last article:

Regarding the question: "Bitcoin Smashes Through $10k... Wait... $11k! What The Fk Is Going On?", the answer is: it is a bubble.

In this video John Sneisen says that he would like to speak to a Chinese monetary historian. How about Prof. Song Hongbing. He is the author of a trilogy "Currency Wars" ( The books deal with

Well stated: educate yourself!!!

It looks like 1999 all over again.

In some countries there are already members of two generations (30s, 50s) in retirement. On the other hand, there are many unemployed/ underemployed Millenials. The collapse of the pension systems is just

It's true. Real estate in various countries is overvalued. Further, looking from the demographic prespective, the baby boomers are getting older and will leave their houses/ flats one day in order to move