Financial markets have detached from reality. The crash will be spectacular, and deserved.

We are living in the golden age of the greater fool. Assets are no longer valued on cash flow or utility, but on the collective belief that someone else will pay more tomorrow.

This is not investing; it is a multiplayer video game played with retirement savings. The decoupling of price from value is total. We have meme stocks, jpeg millions, and companies with zero revenue commanding billions in market cap.

The experts tell you this is the 'new normal.' They told you that in 1929. They told you that in 1999. They are telling you that now.

Gravity is patient. It does not care about your narrative. It does not care about 'community.' Eventually, the price must meet the value. And when it does, the fall will be absolute. Cash is not trash; cash is the only oxygen tank available when the air leaves the room.