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$50,000+ Bitcoin Could Happen if This Isn’t a Bubble But an S-Curve

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Countless experts and pundits,  including Chase CEO Jamie Dimon , have proclaimed that Bitcoin is in a massive bubble right now, and it certainly could be. Yet these “experts” fail to consider one possibility that  some in the Bitcoin community  are beginning to suspect:  mass adoption may be imminent. Permanently high plateau First, let’s get something out of the way. Yes, with every bubble there are people who insist that it really isn’t a bubble.  It’s “the new normal” or “a new paradigm.”  Perhaps the most infamous such example is that of Yale economist Irving Fisher. At the height of the 1929 stock market bubble, just before the crash, a jubilant Fisher  proclaimed : “Stock prices have reached what looks like a permanently high plateau.” He couldn’t have been more wrong. Bubbles throughout history History is replete with examples of financial bubbles that popped disastrously. Britain’s  South Sea bubble  came about in...

The $75 Trillion Time Bomb

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How long till the Global Economic Collapse?   Dave Hodges The entire wealth of the planet is estimated to be around $65-7o trillion dollars. Any debt that exceeds that amount should be considered to be a catalyst for global economic collapse and ultimately World War III  along with the emergence of extreme authoritarian government similar to what the world witnessed prior to World War II. Nations who are trying to save themselves from the abyss of economic collapse will seek to plunder the resources of other nations and when these predatory behaviors grow in number, global conflict will breakout. We are already seeing evidence of this in Ukraine (i.e. control of Eurasia’s gas) and in  Syria and Iran (i.e. control of the medium of exchange to buy oil, gold vs. the dollar). In 2011,   Bloomberg reported   that Bank of America shifted about $22 trillion worth of derivative obligations from Merrill Lynch and the Bank of America Corporation hold...