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What makes you think we are in year 2 of a bubble? Genuine question because I think this thing has been going on for at least three years. But five years is an average, right? So averages can be very sneaky, meaning some bubbles may have vastly shorter or longer durations. As a matter of fact, we don’t know. And that’s the worst part, isn’t it? Because a round-tripping scam needs external money to keep going, and question is how long the US government is willing or able to fund it, considering they have already tried appeasing Japan for them to keep their US bonds.
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