Real wealth is tangible things produced with tangible effort.
Loans made out of thin-air 'money' require no effort and are entirely ephemeral.
But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.

Hey Bulders!!!

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Stock market crash on the back of weak jobs data... more than $3 trillion wiped off the board! The altcoin market handling it relatively well. Polkadot only down 1% 😎

I make a new article. So if you like art and to know which paint is most expensive read it. Thank you... https://www.bulbapp.io/p/07406fd1-6a87-4a3b-916a-e415e5c03184/10-most-expensive-sold-paintings?s_id=bcac472f-93d3-41be-bc83-2b82a251ae66

Thenk you for reading my articles

Bitcoin Bull Market Correction Drawdowns - Revealing how much the market can dip even in a bull market. Relax, enjoy the ride & keep stacking!

I have earned over $400 on CoinPayu! An old and trusted Crypto earner since 2019! PTC ads & more!

"What does this tell us about the Japanese economy? Precisely nothing — in fact the Japanese services sector activity reading had a surprise rise in July, fueled by domestic demand, meaning that economy is chugging along nicely as well. All it told us was how overbought the Japanese sharemarket was."

https://www.crikey.com.au/2024/08/06/us-recession-fear-japanese-market/

Because Crypto is different from TradFi and other investment vehicles, one cannot measure progress in the same way. Euphoric periods within the Crypto space equate to decades of results within traditional finance and real estate. This allows for prolonged periods of what some would consider inactive, even bearish. The objective is to continue earning and generating yield, even dollar-cost averaging.

The world does not follow a playbook regarding economics and real estate. Figures associated with these two particular elements are worlds apart, depending on your jurisdiction. A common misconception is to consider the US as a benchmark. It’s not… there is no benchmark, this data is dictated by various policies and dynamics within unique geographical locations. #Economics #Finance #RealEstate