Right again, Frank. People need to realize that the “markets" - indeed, the financial system as a whole - are fake and fraudulent. None of the numbers actually add up. The system is not closed; so market forces are meaningless and so are the numbers. This was made crystal clear when FASB 56 was introduced in 2019. It is no longer possibl…
Right again, Frank. People need to realize that the “markets" - indeed, the financial system as a whole - are fake and fraudulent. None of the numbers actually add up. The system is not closed; so market forces are meaningless and so are the numbers. This was made crystal clear when FASB 56 was introduced in 2019. It is no longer possible to put a meaningful valuation on anything. The financial system is not really a financial system. It’s a control mechanism.
Usually real estate, unless you are a fellow financial institution, in which case they will lend against paper. It's all one giant, steaming pile of fraud, re-hypothecated to infinity - the biggest house of cards in history!
Right again, Frank. People need to realize that the “markets" - indeed, the financial system as a whole - are fake and fraudulent. None of the numbers actually add up. The system is not closed; so market forces are meaningless and so are the numbers. This was made crystal clear when FASB 56 was introduced in 2019. It is no longer possible to put a meaningful valuation on anything. The financial system is not really a financial system. It’s a control mechanism.
Usually real estate, unless you are a fellow financial institution, in which case they will lend against paper. It's all one giant, steaming pile of fraud, re-hypothecated to infinity - the biggest house of cards in history!