Henrik Zeberg
👤 SpeakerAppearances Over Time
Podcast Appearances
were saying how fantastic this was, especially the elite.
Wow, amazing garment.
Until a little boy cried out, but why isn't he wearing any clothes?
Now, why I'm saying that, what is the morale?
Of course, that sometimes it takes an innocent mind, naive mind maybe, to point out what is the obvious.
And now I want to turn to Bitcoin.
Because as I said,
We currently have the largest financial bubble that we have ever seen.
We had just told you about four massive bubbles, and I'm claiming we have one that is even bigger.
Warren Buffett and Charlie Munger had a way of looking at the market capitalization to GDP.
The higher it is, the bigger the bubble.
2000, massive bubble.
We laughed afterwards.
It was 136%.
2007, it was at 107%.
This is where we are today, 226%.
And we can just look at some of the businesses that are doing well today.
As I said, crypto and AI bubble.
Nvidia, Palantir.
I mean, you don't need to know much about finance to see that 94,000%,