Discussion in 'The Off-topic Lounge' started by karasu, Jan 11, 2019.
do you think continued MEGA(Make Earth Great Again) or Winter's Coming soon!?!
I think so
the BIS along with the CFR says 2019-2020 will be worse then 2008.
Shits about to hit the fan son!
There is a downturn coming for sure.
The bull market has to chill eventually.
Plan accordingly and make bank.
I've moved into some bond holdings so I don't get crushed too bad when the inevitable correction happens, but I also have money set off to the side to take full advantage when this stuff goes on sale.
I have an uneducated hunch that consumer DEBT will eventually become problematic resulting in MASS default
the AVERAGE American has NO savings......MULTIPLE credit cards DEBT.....and is essentially one hardship paycheck away from suffering Capital CATASTROPHE........and this is a Recipe for a Financial Fricassee!
Trump rode the Obama wave as long as he could. Now that we're seeing Trump's policies begin to play out, the economy will crash and burn.
I hope I'm wrong
on CNBC.com today:
"Cramer says the bear market in stocks ended on Christmas Eve"-----
"Gundlach's warning on 'ocean of debt' adds to worries over corporate bonds
Wall Street is beginning to take notice of problems forming in the $9 trillion corporate debt market.
Jeffrey Gundlach of DoubleLine Capital calls it an "ocean of debt" that could pose problems for the economy.-------
The warnings are getting starker: Trump's government shutdown is becoming catastrophic for the economy------
The warnings are getting starker: Trump's government shutdown is becoming catastrophic for the economy