Posted by - Peter Schiff -
on - January 5, 2022 -
Filed in - Economics -
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Peak speculation in 2021 lead to meme stocks, silly named crypto, NFTs, and all time record highs for:
Issuance of SPACS
Mergers & acquisitions
Corporate buy-backs
IPOs from money losing companies
IPOs from regular companies
Home loans
Trade deficit
Government borrowing in a non-recession year
Bitcoin price
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