I predicted a long time ago that one of the signs to watch for signalling that the end times for the global debt Ponzi was upon us would be that big financial names would be completely discredited. Their incessant bullishness would lead many down the primrose path to their financial execution. I called out buffet in particular because of the down home folksy way he tells people to just continue having confidence in the con.
In a recent interview with a skeptical looking Becky Quick, Buffett reiterated his advice to everyone, corona virus was no reason to sell stocks. When she quizzed him about have $120 billion in cash he quipped disingenuously that he had cash so he could buy stocks. Of course he never explained why he was holding so much cash given his outspoken and enduring love of stocks.
But now we see Buffhole has lied to us. The con man says buy but he sold the shit out of Delta air. Wise people will see right through his act. Watch now as about 100 million fools suddenly begin to see what I have seen for a long time now as they quickly become wise to his bullshit. Before the GDP - Global Debt Ponzi has eventually and finally collapsed, people will spit when they hear his name and everyone will regard him as a con man.
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