Yes you heard this correctly. The everything bubble is collapsing. I know people making less than 100k a year with houses valued in the millions now due to being in the right place/time. We have peak frenzy of buying…but wait….tech is imploding.
Yes…yes it is. And it will only get worse as fears of recession turn to depression. Apple will get sliced to insane levels that will make even Buffett want to throw up….but he will still buy and so will Apple.
Apple should be buying tesla for under 1 dollar…Amazon is another that will slay and take over WMT/TGT/ any company they want with their cash pile.
But but..this is all fear. No, its called order books. When you have access to order books (high end goods that the rich buy) and they start dropping like flies while the poor broke people go crazy still buying things= get out of the market.
Like Ackman said. HELL IS COMING!!! Thoughts?
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