One way to track where we are in the market cycle is to look at house wealth as compared to the overall economy.
The moves of the last 10 years saw an incredible increase in household wealth. On the surface, this sounds like a good thing. However, this is a precarious situation since the trend is always revert back to the mean.
In market terms, this means crash.
A very good 16 minute video.
I think in the next 2 or 3 years, new financial system will replace current banking system and now we are at the beginning of this process.
And a important question. Well, everything is bubble and which one is the pin such as bitcoin, crypto or other DLT fintech techs?
You got a 18.46% upvote from @minnowvotes courtesy of @cryptoewp!
nicely explained...........@finprep
Great post!
Thanks for tasting the eden!
You got a 40.38% upvote from @upmewhale courtesy of @steemium!
Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!
You got a 41.20% upvote from @emperorofnaps courtesy of @steemium!
Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
You got a 38.08% upvote from @dailyupvotes courtesy of @steemium!
To support this service please vote for @chitty as a witness.
You got a 34.25% upvote from @booster courtesy of @steemium!
NEW FEATURE:
Quick Delegation: 1000| 2500 | 5000 | 10000 | 20000 | 50000You can earn a passive income from our service by delegating your stake in SteemPower to @booster. We'll be sharing 100% Liquid tokens automatically between all our delegators every time a wallet has accumulated 1K STEEM or SBD.
You got a 47.35% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!
@oceanwhale. Visit www.OceanWhaleBot.com for details!You got a 40.76% upvote from @oceanwhale courtesy of @steemium! Earn 100% earning payout by delegating SP to
You got a 43.35% upvote from @brupvoter courtesy of @steemium!
You got a 47.20% upvote from @minnowvotes courtesy of @steemium!