Bitcoin Bubble One Of Stupidest In History, It Isn’t Even A Tulip Flower Bulb!

Bitcoin Blasts Through $2200, Here’s Why | Zero Hedge as excited believers in this ‘crypto currency’ made out of thin air and backed by absolutely nothing…is a classic bubble fad item.  Anything can have this sort of bubble.  People sitting on bitcoin ‘savings’ will figure they are millionaires and will hold until…it collapses.  The new buyers would buy and sell and buy and sell over and over each time, making more money and then…it collapses and they are bereft.  The temptation to keep buying and selling is too great to resist which is why people always end up in the crash despite plans to sell off before it crests.

CITIGROUP GETS NEARLY HALF TRILLION BAIL OUT

The privatization mania is now in total reverse: all our government systems are owned by privateers and foreign powers while all our private banks and industries are being bought up by our government which owns NOTHING.  This deal is the final stage of the corruption and destruction of the once-mighty US empire.  Stocks will shoot upwards on this latest faux rescue. 

 

For the Sovereign Wealth nations like Japan and China know that this bail out puts the ENTIRE US system in their claws!  They will end up owning us while we get to own only the LOSSES of the entire PRIVATE banking system!  Isn’t that a great bargain?  This is the end game of the US experiment in Free Trade and Floating Currency regimes.

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