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Posted

even without the orange turd in office, I think our economy was due for a recession a while ago.  It is not a matter of when but how bad it will be. 

it will be interesting to see if the recession is bred from a bursting bubble (stock pricing being the only obvious one to me) or just a slow decline. 

seems like the corporate tax cuts have given the stock market (and also the economy) a short financial shot of life to keep it going.  Historically it seems that it only lasts so long though.

 

 

Posted (edited)

We are now up the market derivatives of the fourth and fifth order, at least.  Very few of even the smart folks will under stand the next market correction.

 

I believe it will probably be a derivative driven evaporation of cyber capital.

 

Geniuses won't understand, much less a very stable one.

Edited by num1mc

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