>7 year economic cycle [...] we are overdue a recession;
Not seeing it, maybe they did it wrong. Could you point out this pattern in the 40-year chart below?
In my region we have more than 50% unemployed.
You gotta move to a better neighborhood.
In a zone with 50% unemployment people should start their own under the table economy. I mean... with those numbers it would be an easy political choice to have 0% taxes and sh!t just for people to be incentivized.
And when you count those years... from 7 to 7... is not exactly like that. Because for example in the real world with fake stuff people are not like in bitcoin... when they cheer if it goes down.. and cheer as well when it goes up. Bitcoin is just madness when it comes to that... Because for example I make more bitcoin when it goes down than when it goes up. But... in the real word.... fake stuff going down is creating uncertainty!
Meaning that in those situations people can't expect on the long term to just hold and get their return investment back. So... usually people cut their loses and the big guys get their way... while the little guys suffer more.
And the thing with market collapses is that the whales of the real world fake money schemes... is that they hold most of the time during the low points of the charts. Meaning that is no to almost no movement in profits for anyone. And when you count those 7 to 7.... it doesn't really need to be like that... for example in 1988 there was something that collapsed the soviet union in the next year... and most of the countries left in 1989 and 1990. But have no idea what was in 1995... I mean I didn't do research or didn't hear... but it sure was something... because it always is something! Dunno... cosmic joke?
