Like the Bush era when everyone and their hairdresser flipped houses with no value-added. Add in the Bitcoin futures to the recent mix and you have the rough equivalent of Mortage Backed Securities as a multiplier of expanded risk.
The underlying basis of bitcoin has no tangible value, and is too volatile to be a true currency. It won’t end well. Sure it may rise another ten-fold, but that will make the impact even worse. Its only real value is to speculators and criminals who do bitcoin transactions with anonymity.
Some like the cringe-worthy twins will make fortunes, while those left holding at the end will be destroyed, just like 2008. And there may well be collateral damage again to the market and economy.
Forbes Magazine has voted 10 most beautiful beaches in Vietnam, besides the top outstanding beaches, there are also some other names that surprises tourists. Con Dao Con Dao is a complex of 16 small islands on the southern coast of… Đọc tiếp
As beach vacation destinations go, Vietnam perhaps isn’t the obvious choice. However, the country’s beaches are beautiful enough to rival those of the more famous Thailand resorts, and there are plenty that haven’t yet been spoiled by high-rise resorts and… Đọc tiếp
(EN/ FR) Still I remember some of the strong and beautiful women I met in Donetsk during my 18 months working and living in that rebellious city. I used to go for lunch to a simple “stalovaya” (canteen) where was… Đọc tiếp
Great chat last night catching up with friends at our 50th HS reunion reception after the school football game. Reunion dinner tonight. Downside is have to hurry home Monday to prep for the Hurricane. Comments comments