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Started By
Message
when will the next economic collapse happen?
Posted on 9/1/17 at 12:33 pm
Posted on 9/1/17 at 12:33 pm
When do you guys think the next collapse will happen? I am starting to think that it will happen very soon.
If it does happen where are the best places to move to?
If it does happen where are the best places to move to?
16
Posted on 9/1/17 at 12:34 pm to Statsattack
Why wait? Move to the Caymans now! :-)
Posted on 9/1/17 at 12:35 pm to Statsattack
Posted on 9/1/17 at 12:36 pm to Statsattack
Paranoia.
Economic collapses are, for the most part, someone that affects the margins.
At the peak of the most recent recession, the unemployment rate was 6% higher than it is now.
That means that in any room with a hundred people, 10 were unemployed at the peak and 4 are unemployed now.
A net change of 6 people in a room of 100 people is not a "collapse". It is a marginal issue.
Economic collapses are, for the most part, someone that affects the margins.
At the peak of the most recent recession, the unemployment rate was 6% higher than it is now.
That means that in any room with a hundred people, 10 were unemployed at the peak and 4 are unemployed now.
A net change of 6 people in a room of 100 people is not a "collapse". It is a marginal issue.
Posted on 9/1/17 at 12:37 pm to HailHailtoMichigan!
You should call Gold Line...
Posted on 9/1/17 at 12:37 pm to Statsattack
Never. We'll have trump til 2024 and then Pence for two terms, and then we'll have Donald junior, and then the first woman president ivanka, and after all that winning it will be barrons turn
Liberals will be the boogeymen that our great grandkids don't believe us about by that point
Liberals will be the boogeymen that our great grandkids don't believe us about by that point
Posted on 9/1/17 at 12:43 pm to el Gaucho
^ This
Posted on 9/1/17 at 12:45 pm to Statsattack
quote:
When do you guys think the next collapse will happen?
Do you mean a real collapse/crisis, or an ordinary 6 to 9 month bull market/20% correction? Because we're way over due for the latter - I think will start this Holiday season and finish up next Summer.
A real "collapse" will be event driven - a major conflict or major industry sector shakeup. That's way, way tougher to predict.
Posted on 9/1/17 at 12:46 pm to Statsattack
Tomorrow. Give me all of your Apple stocks today!
Posted on 9/1/17 at 1:38 pm to Statsattack
Dec 14th
Posted on 9/1/17 at 2:03 pm to el Gaucho
quote:
then Pence for two terms, and then we'll have Donald junior, and then the first woman president ivanka, and after all that winning it will be barrons turn
I hope you are trolling...
Posted on 9/1/17 at 2:04 pm to el Gaucho
quote:
Never. We'll have trump til 2024 and then Pence for two terms, and then we'll have Donald junior, and then the first woman president ivanka, and after all that winning it will be barrons turn
Liberals will be the boogeymen that our great grandkids don't believe us about by that point
Posted on 9/1/17 at 2:14 pm to Statsattack
quote:April 22, 2019
When do you guys think the next collapse will happen?
Posted on 9/1/17 at 2:26 pm to Statsattack
quote:
When do you guys think the next collapse will happen?
What's Ron Paul's cell number? I'll give him a call. I see him predicting this all the time. Has been for three or four years. He's bound to find that acorn sooner or later.
Posted on 9/1/17 at 2:30 pm to Statsattack
The L.A. Times said it would be last month.
Posted on 9/1/17 at 2:42 pm to Statsattack
Can't really predict exactly when, because it will almost certainly be similar to the Great Recession - some sort of rapid devaluation in a heavily securitized market (like subprime housing in '07) that will lead to investor panic and a deflationary spiral. Those sort of collapses are fueled by 'animal spirits' and are thus difficult to predict with certainty.
The only problem is that I don't think we will be able to use the same tricks we used in '09 to get us out of it.
Best place to move to? Probably best to stay put. If it's no worse than 8 years ago, you'll be fine. If it isn't, it may not matter.
The only problem is that I don't think we will be able to use the same tricks we used in '09 to get us out of it.
Best place to move to? Probably best to stay put. If it's no worse than 8 years ago, you'll be fine. If it isn't, it may not matter.
This post was edited on 9/1/17 at 2:44 pm
Posted on 9/1/17 at 2:43 pm to LSURussian
Anyone with a red crayon can project that the DJIA will be fall back to its historical curve at some point.
Last week Bloomberg made a persuasive argument that this will happen soon.
Last week Bloomberg made a persuasive argument that this will happen soon.
Posted on 9/1/17 at 3:25 pm to Statsattack
Considering how the sheep can create a gas "shortage" in Dallas because they saw it on Facebook I'd say whenever the string pullers want it
Posted on 9/1/17 at 3:44 pm to Statsattack
quote:
when will the next economic collapse happen?
I hope it waits at least till after tomorrow nights game.
Posted on 9/1/17 at 3:45 pm to Statsattack
2020
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