Mexico 2025
QUESTION: Mr. Armstrong, I want to thank you for your work. It is refreshing to read a non-biased analysis of our country. I do not say this to flatter you. [...]
QUESTION: If hoarding and the flow into private equity is the way out of government debt obligations, does this point to an eventual rise on the low volumes of trading and will it reach historical volume levels again? I am guessing no.
ANSWER: Don’t worry. In trading if you want to sell the high in a bubble top, there has to be someone who buys it. There always has to be the opposite view. The people who say I know too much is a statement in itself that means they are incapable of learning and are too resentful. They are usually the people who explain their failures by blaming others. That’s why they cannot advance. There are people with experience in medicine. Would you say they know too much so refuse to listen?