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Golden Put

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#1 George Rowell

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Posted 29 April 2020 - 11:56 PM

Here is one of the reasons for believing Governments Worldwide will print $50T+ in stimulus in the next year or two. Simply said the 'Greenspan Put' now morphed into the 'Golden Put'. To my reckoning we are already committed to 20% of that and we are only just beginning. Like other bailouts it proves high risk banking, share buy backs and pushing risk to the absolute limit absolutely works because when it all goes bad (for the few) the rest pay for it. That is how I intend to plan my '401' anyway. Reverse Robin Hood.

A doctor knows a little about a lot. A specialist knows a lot about a little. In time the doctor knows less and less about more and more and the specialist knows more and more about less and less until ultimately the doctor knows nothing about everything and the specialist knows everything about nothing.

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