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Started By
Message
When and why will the Economy crash?
Posted on 7/18/19 at 10:55 pm
Posted on 7/18/19 at 10:55 pm
Let's hear it. Dont want political back and forth, so try and avoid it.
44
Posted on 7/18/19 at 10:55 pm to momentoftruth87
When Jesus returns to Earth.
Why?
Only Protestants will be in heaven and there obviously won’t be a need for currency.
Why?
Only Protestants will be in heaven and there obviously won’t be a need for currency.
This post was edited on 7/18/19 at 10:56 pm
Posted on 7/18/19 at 10:56 pm to momentoftruth87
When: Sometime in the future.
Why: Panic.
Why: Panic.
Posted on 7/18/19 at 10:57 pm to PrivatePublic
quote:
Why: Panic.
From?
Posted on 7/18/19 at 10:58 pm to momentoftruth87
Why
Politicians
One side is always trying to undermine the other. Economic failure would thrill the side not in power.
When
Probably sooner than later.
Politicians
One side is always trying to undermine the other. Economic failure would thrill the side not in power.
When
Probably sooner than later.
Posted on 7/18/19 at 10:59 pm to momentoftruth87
quote:
From?
Fear
Posted on 7/18/19 at 11:00 pm to momentoftruth87
Non political answer:
When too much credit is extended to those who end up not paying for it.
Or when not enough people spend.
It's a delicate balance
When too much credit is extended to those who end up not paying for it.
Or when not enough people spend.
It's a delicate balance
Posted on 7/18/19 at 11:00 pm to momentoftruth87
The economy is cyclical so it will inevitably experience a recession. That’s when you buy in brother.
Posted on 7/18/19 at 11:01 pm to momentoftruth87
2021
Housing
Bookmark.
Housing
Bookmark.
Posted on 7/18/19 at 11:02 pm to momentoftruth87
Debt crisis
This post was edited on 7/18/19 at 11:02 pm
Posted on 7/18/19 at 11:04 pm to momentoftruth87
It will eventually crash because all of the exponential culcha families living from cradle to the grave and never working a day in their life and living on the govt nipple
Posted on 7/18/19 at 11:05 pm to momentoftruth87
Combination of housing bubble again and record high credit card debt. Something has to give.
Posted on 7/18/19 at 11:05 pm to Bushmaster
quote:
families living from cradle to the grave and never working a day in their life and living on the govt nipple
Excellent use of psychology baw
This post was edited on 7/18/19 at 11:06 pm
Posted on 7/18/19 at 11:11 pm to momentoftruth87
When automation throws everybody out of work.
Posted on 7/18/19 at 11:12 pm to momentoftruth87
Corporate debt
Posted on 7/18/19 at 11:13 pm to momentoftruth87
Why? Because the whole system is a house of cards backed by nothing. The government literally creates money out of thin air when they need to. Eventually the game of musical chairs is going to stop and there wont be any more bandaids to fix it. Not to mention the system inherently encourages illegal activities to boost profits.
Posted on 7/18/19 at 11:14 pm to crazycubes
quote:
Corporate debt
I don't buy into the debt crisis stuff. We have more money out than gold. It will be smart to base money off of production. I think money or the value is the problem.
Posted on 7/18/19 at 11:16 pm to JumpingTheShark
quote:
The economy is cyclical so it will inevitably experience a recession
Yep, inevitably, people will vote in liberals who will tax and regulate our economy to shite. Then, conservatives will set it on the right track to be wrecked again. It’s like Tokyo v. Godzilla
Posted on 7/18/19 at 11:27 pm to momentoftruth87
It’s hard to explain but I’m not worried about a crash. Sure, short term it sucks but in the long term, probably non impacting
I have worked within asset servicing and broker-dealer realms with multiple forms and the shite you see every day is staggering. Simply staggering. Like people don’t realize how big the economy is and how much stuff is really happenings. Like just from an operational standpoint......any sort of crash gets really spread out. Every day I realize how little I know and that’s kinda comforting
I have no way to explain my thoughts about this that are rational. It they make sense to me dang it
I have worked within asset servicing and broker-dealer realms with multiple forms and the shite you see every day is staggering. Simply staggering. Like people don’t realize how big the economy is and how much stuff is really happenings. Like just from an operational standpoint......any sort of crash gets really spread out. Every day I realize how little I know and that’s kinda comforting
I have no way to explain my thoughts about this that are rational. It they make sense to me dang it
Posted on 7/18/19 at 11:30 pm to CoachChappy
Not all regulation is bad. A lot of it is. But not all of it. Most firms are allowed to invest client money. The regulations into preventing firms from comingling client and house assets and restricting firms from making frivolous/risky investments with client assets for example is without a doubt good regulation
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