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Re: JH Mcdough post# 35550

Tuesday, 10/11/2022 3:34:34 PM

Tuesday, October 11, 2022 3:34:34 PM

Post# of 60534
Yes. I know we will begin our real run once Shibarium is unleashed and burn mechanisms kick in. I was just saying I think you still have time between now and eoy to pile up more tokens. I also think the economy/market, gets worse before things get better. Again, the typical household is spending about $400 extra a month for the necessities at the grocery store. That hasn't really halted spending, yet. Imagine though if bills are up another $400 this time next year? That's a number that consumers can't ignore and it will hit all of our wallets. At that point, liquidity is key and if a recession happens, maybe we'll get some crypto at an unbelievably low price. Unfortunately most Americans are not highly liquid and if defaults start breaking out all over the place, things could get ugly. A fed induced 2008 all over again. We shall seeee.

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