Super crisis this time. It will not be a crisis like it happens every seven or eight years and it’s normal, and it’s refreshing, and it’s good, in fact. It will be a big crisis, such as it was in the 1930s, first in the United States, and later it spread throughout the world. I put forward the thesis that the eighteenth is the last year of the bull market, that it is already choking. Nineteenth, twentieth there will be a crack… nineteenth, twentieth there will be a descent. What money can be earned by shorting at the right moment, taking advantage of dips. Big. First and foremost the bull market is long in time – so it’s easier to find it because if something lasts… if the bull lasts 7-9 years and then the crack a half year or 1 year… you know, it is easier to notice this elephant which is 7-9 years long than that semi-annual moment of purification. Nineteenth, twentieth will be the moment of shorts on global stock exchanges. We will have a developed financial crisis. Super crisis this time. It will not be a crisis like it happens every seven or eight years and it’s normal, and it’s refreshing, and it’s good, in fact. It will be a big crisis, such as it was in the 1930s, first in the United States, and later it spread throughout the world, ended with the Second World War, then the rebuilding after the World War, both demographic and economic. Perturbations of that size, meaning 40 million victims, destroyed… destroyed Europe, destroyed Japan… That’s how it may look. Only more economically, I think. Due to nuclear weapons I think there won’t be a big war because if it happens it will be the last war. So I think this havoc will be more economical. But do you speak about the world economy or specific countries? Globally, only it will vary… The dollar will survive all this, maybe it will switch to blockchain right away, maybe it will become a cryptocurrency right away. Either way, the dollar will survive this. The euro may not last through the nineteenth and twentieth. I put forward the thesis that the euro may not exist in 2021 and certainly not in the form in which it is now. The United States this time… in 2008-2009 it was the beginning of the crisis but I think the United States will pass through this new crisis with a relatively dry leg and that’s why… this is an interesting place to invest, you know. Besides, they are being reformed by Trump. He is a specific man but a businessman and he does business reforms in the United States, that is deregulates, lowers taxes, lowers taxes for corporations. In the long-term – in the long-to-medium and long-term – it will make it an interesting place to invest. Which does not change the fact that crypto are sexier and there are more money to… To be made? To be made. For yourself, yes. Well, but there will be some shuffling of cards, someone will get rich, someone will become poor. Banks, insurers, financial companies invest and only very few such beetles. In the eighties, seventies it was… this investor in the States, this physical investor, you know, Jan Kowalski, John Doe. It was a powerful force in the markets. They… they were swept away. The crash of 2000-2001 and the crisis of 2008-2009, also generational changes… and the development of these institutions powered by money from the printer made them play against each other, the market is them, the market is a central bank and institutions and just for the sake of it several individual investors. It is difficult to play for an individual investor, that’s how I see it, if there are only large fish swimming in the pond. Sharks. Yes, sharks. In so-called day trading, meaning I buy and sell many times during the day: practically impossible. Finding the trend, buying at the beginning of the bull market, holding to the end of the bull market, selling, changing the position for short – the individual is able to do that, you know. Try to find the beginning of the bull market, buy, endure, at the end of the bull turn the position which is going short, realize profits after the fall and buy again before the next boom. It is still possible. I think it is possible, alone or with an adviser. However, playing everyday on high frequencies and with today’s technology of these institutions… Well, you might as well go to the casino and bet on black, red… But still, it is a fun only for people who already have money. They need to invest, right, so it’s not available and possible for everyone. In fact, with a million zlotys… it makes some sense from half a million but it makes sense from a million. A million invested, you know, because with 50-100 thousand… that game is not worth it. Better… it’s better to devote that time and do what you do, you know. Try to do it better, have better clients, better margins. It’s a simple thing, if you have one hundred thousand invested and 10% is a good profit on the traditional market… Traditional, not cryptocurrency, on the traditional one. 10% after a year would be ten thousand from one hundred thousand. Divide into months and it is 800 zlotys. Minus Belka’s tax it is 650. Well, for 650 zlotys a month… it would be better, better to take care of your professional life. The company you run or the work you do rather than… and we assumed that you will be able to pull off 10% a year which is difficult to achieve, to get 10% profit year after year… but such assumption we have made. So in practice it will not be like this, there will be a year when it’s 15 and then there will be a year with a loss, so it’s better to take care of… However, with a million it starts to make sense because these 650 zlotys change x10 into 6500. We have estimated that because these were not calculations, they were estimates. Well, those 6500, let’s say… this is a game that – still depends on a man – but it can be worth it… worth it, yes, a sacrifice of time. And so… from half a million it makes any sort of sense, from a million it starts to make sense, from a million for investments, yes… that’s how it looks. In crypto there is a little lower threshold, I think, because somewhere around… It depends, right, because the best times have passed, but I think now it makes sense in crypto from 150-200 thousand. It makes sense always, it makes sense even at two thousand, to learn technology, identify good coins, buy them and learn to store them. Even with two thousand, you know. Of course, even if they potentially go x10, that coin going up, so we have 20 thousand from 2, very good. But it won’t change life, it won’t make… Maybe it won’t change but such a surprise from fate can be nice. Something like that can be nice in life. It will not change it, will not turn it upside down, no, no… but it can be nice. Understanding this trend, understanding what is coming in the years 2019 and 2020, after good investment decisions it will allow you to make enormous money.