“The greatest investment risk is not something that has already been imagined. It’s not a recession or a Eurozone crisis or a trade war ... No, my greatest risk is a failure of imagination in understanding how the game might fundamentally change.”
This is a great article going through various scenarios. The last one mentioned - a truly inflationary crisis, presents a scenario where gov't bonds don't do well and hard assets like gold (or Bitcoin) could prove to be a vital part of the portfolio.
RT @zhusu: "Perhaps most importantly, the Narrative of Central Bank Omnipotence will be broken...a market world where NO ONE is in charge, where NO ONE is in control. And that will be scary as hell after 10+ years of total dependence.
God help us, but there’s an argument for Bitcoin here." https://t.co/hM70OO7d2M