RE:Zelensky’s FolliesYou know he sounds like a really great guy, so what else can we learn about Martin? Hmm ... well ... According to an editorial in The Guardian, Armstrong incorrectly predicted that a sovereign debt crisis, or "Big Bang" as he called it, would begin on 1 October 2015.
Mason, Paul (2015-11-02). "Apocalypse now: has the next giant financial crash already begun?". The Guardian. Retrieved 2017-09-14
Armstrong, Martin (2018-11-16). "Bitcoin-The End of Cryptocurrencies".
Not only was Martin wrong, wrong, wrong about the “collapse”, for only did the economy NOT crash but the S&P gained 170%, and US GDP grew nearly 21%. His prediction of the crash of Bitcoin was a bit premature as it went from 731 in 11/16 to 60,000 over the next 5 years. And this is supposed to be what the guy knows?
“Armstrong admitted to deceiving corporate investors and improperly commingling client funds—actions that according to prosecutors resulted in commodities losses of more than seven hundred million dollars—and was sentenced to five years in prison.”
Adviser Jailed Since 2000 Pleads Guilty in Securities Fraud Case". New York Times.
Jailed Adviser Is Sentenced and Fined in Fraud Case". The New York Times. 2007-04-11.
Sound familiar? Maybe we should also post some investment advice from Samuel Bankman-Fried?
I was going go watch the video until I saw this clown was going to talk for a friggin’ hour. You can forget that.
b.