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So if the market drops and we were to go into a bear market. It would be the greatest transfer of wealth ever in history. 10+trillion from the taxpayers to the Wealthy Billionaires 1%. Like 10 times more than 2008-09

11:45 PM · Jan 18, 2022Twitter Web App

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Ugh

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And both parties are complicit in this again

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Further printing is virtually baked in. "The OECD estimates that USD 6.9 trillion a year is required up to 2030 to meet climate and development objectives. " You can find a version of this sentence told by Yellen as well. oecd.org/environment/cc

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I just don't know if the mechanics of it will translate into movement of stocks like in 2020 when us retailers joined in. Is gonna keep things afloat tho and there will be glorious pumps involving carbon capture companies etc etc

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All of the free money did not go into stocks. Real Estate and Crypto. As interest rates go up and if stock market goes to bear market then pop goes the bubble in Real Estate.