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glassgowkiss

Next economic meltdown predictions

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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.

 

 

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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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