The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned.

xyz@lemmus.org · edit-2 11 months ago

The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned.

xyz@lemmus.org · 11 months ago

What about crypto?

Onfire@lemmy.world · 11 months ago

Crypto has no value…it’s pure speculation and hype. Coming from someone who owns bitcoin, eth, and others.

I_Miss_Daniel@kbin.social · 11 months ago

It had value for a time as an instant transfer system, but this prompted the banks to catch up with PayID, Osko etc. It still has a possible value the same as gold or any other verifiably scarce item does, as a medium of transfer. An energy inefficient one in some cases.

The extreme bubble in stocks 'will end in tears' with the S&amp;P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned.

The extreme bubble in stocks 'will end in tears' with the S&amp;P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned.

The extreme bubble in stocks 'will end in tears' with the S&amp;P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned. Here are his 6 best quotes.

The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned.

The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned.

The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned. Here are his 6 best quotes.