Last night was a beautiful cloudless night and the stars were in full attendance. For hundreds if not thousands of years the stars have been a lofty guide showing us the way, should we choose to listen to their story.
We have stars in the financial sky as well that are willing to tell their story.
Like the North Star and the Big Dipper, we can listen to the story of “interest rates” and “debt levels”. They tell us what waters to take and how to find our way.
With record high levels of debt and record, artificially low levels of interest rates, they tell us that the markets and our current lifestyle is an illusion and that there is a tsunami coming.
They tell us that to navigate safely, at this part of the 80 year cycle we best know what real money is and to get ready for colder temperatures.
Three tests determine if something is real money.
1. It is a means of exchange
2. It is a unit of account
3. It is a store of value.
Interest rates have fallen for 30 years and have been pushed to extremely low levels. In the last year and a half, they are now started to rise.
Have we started to change our thinking and our actions to account for this fundamental celestial change in the sky?
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