Thursday, March 18, 2021

El Dinero No Vale

Globes says that American investors are buying up Tel Aviv (pic) apartments, driving prices to crazy levels. Biden's trillion something stimulus will create much liquidity in the USA, which will lift the NASDAQ (valuations there are already lunatic) and in Israel (we are at post-corona time). Conclusion: Now is the time to buy real estate here. If governments are able to create money from thin air,  then money is worthless or so. 

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