I went to a presentation by my mother's (((fund manager))) today, it was interesting what he said...

I went to a presentation by my mother's (((fund manager))) today, it was interesting what he said, I'll post the key takeaways:

1) Economic outlook strong for now, but interest rates are too low and will cause problems soon
2) The biggest threat facing the global economy is rising income inequality and the inability of the lower classes to drive the economy
3) Canada is due for a deleveraging soon so pull assets from there
4) Crypto is a meme but blockchain isn't

Just thought I would let you lads know.

Thanks for the update

Well, from these retarded points I can already assume that this guy doesn't have a fucking clue about anything.

>4) Crypto is a meme but blockchain isn't
Link moon confirmed

How do I short Canada

>Crypto is a meme but blockchain isn't
Exactly what I've been thinking for a while. The only reason why BTC and the other major cryptos are worth anything is because of MSM shilling for it. It doesn't have any real world utility as a method of payment for goods and services and it's all based in make-believe that it's worth anything.

The only reason I buy BTC and LTC is because they allow me to buy some other blockchain assets that might become useful later and of course because of easy speculation money too.

I'll be buying and funding projects that solve real world problems and make the actual economy work better, and hold them for years if it's necessary. BTC and most major coins will eventually go into the trash can, and I pity anyone that is staking his future in any of that.

>I'll be buying and funding projects that solve real world problems and make the actual economy work better, and hold them for years if it's necessary

Yeah.. sure.

monero is the exception here. it has massive utility due to its privacy.

so yeah, hodl LINK and XMR for insane gains in 2018

>The biggest threat facing the global economy is rising income inequality and the inability of the lower classes to drive the economy
Wow, who would have thought that importing third world people with an average IQ of 70 would negatively impact the economy...

not what he said at all