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Saturday, August 22, 2020 11:34:28 AM
Here is what happened to Venezuela when their currency was debased:
![](http://www.socionomics.net/wp-content/uploads/2017/02/Hard-times-For-Venezuela.gif)
Even though their stock market went parabolic the underlying economy crashed. Stocks could not hold their gross over valuations. The same thing will happen to US markets. For example, TSLA has a PE ratio of almost 1,000. You think this will hold over time? LOL
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