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re: What percentage of your portfolio is cash?
Posted on 8/6/16 at 10:36 am to MadDoggyStyle
Posted on 8/6/16 at 10:36 am to MadDoggyStyle
I agree that a bloodbath should happen, but how will it happen when every central bank on earth is artificially propping this market up. I think alot of people are missing out by sitting in cash.Stocks,Real Estate,art, basically every asset you can think of is at all time highs. I would love to see a crash to get in some things cheap but I've come to accept reality that fighting central banks is a losing battle.
Posted on 8/6/16 at 10:58 am to dabigfella
What concerns me is how highly leveraged our banking system has become. They are basically making loans on money they do not have in deposits, (see fractional banking). Once some global banks start failing, the domino's could fall.
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