Rising asset prices are crucial for the fiat economy. After two negative years, the real estate market in the eurozone is now also turning positive again. Good news for all those who want to own their own home one day - you have another reason to take on more debt and work more! The bubble economy, triggered by immense debt creation and the monetization of this debt by the central banks, seems to be stabilizing again for the time being.
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81 sats \ 2 replies \ @javier 4 Apr
You must understand some macroeconomics: the stock market can rise because there is real economic growth, but it can also grow because the subjacent fiat money is crashing. And I'm willing to bet that it is the second reason.
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21 sats \ 0 replies \ @Undisciplined 4 Apr
Zapped for using "subjacent" properly.
You also made a good point.
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0 sats \ 0 replies \ @TomK OP 4 Apr
100%
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