Unfortunately it probably won't be stocks that crash, but the actual value of a dollar. Things are already more expensive. Tried buying lumber lately? 3-4x the costs. A 2x4 which normally runs $1.5 to $2.30 depending on season is now $6-$8. To build a new house would cost you 20-40% more than it did a year ago. Food costs are creeping up, fuel will rise. A large amount of people are only avoiding homelessness due to eviction and foreclosure moratoriums. The stock market may see some loss, but the price values are going up because the money supply is going up as well. It's not really connected to the economic reality for many people.
The plan is for the dollar to lose its place as world reserve currency and therefore "crash", not the stock market. That's why we are in the middle of an "everything bubble". - https://www.youtube.com/watch?v=7bzcrwBFD34
Compared to 5 years ago the dollar will buy you
10% less DXY
35% less real estate
40% less goods & services (Chapwood index)
40% less gold
50% less stocks
99% less BitCoin
But it cannot be in one step because of the dollar denominated debt held by the other countries - 61% of their reserves.
Thus the transition will be to the IMF / World Bank's Digital Currency
When the fed stops printing money, when the US govt defaults on its loans or when the US stops being the world’s reserve currency which ever comes first.
They will probably soar artificially and it will be reported as "markets rejoice"
i mean in general, when is the "major" crash coming, this is not sustainable
Unfortunately it probably won't be stocks that crash, but the actual value of a dollar. Things are already more expensive. Tried buying lumber lately? 3-4x the costs. A 2x4 which normally runs $1.5 to $2.30 depending on season is now $6-$8. To build a new house would cost you 20-40% more than it did a year ago. Food costs are creeping up, fuel will rise. A large amount of people are only avoiding homelessness due to eviction and foreclosure moratoriums. The stock market may see some loss, but the price values are going up because the money supply is going up as well. It's not really connected to the economic reality for many people.
The plan is for the dollar to lose its place as world reserve currency and therefore "crash", not the stock market. That's why we are in the middle of an "everything bubble". - https://www.youtube.com/watch?v=7bzcrwBFD34
Compared to 5 years ago the dollar will buy you
10% less DXY
35% less real estate
40% less goods & services (Chapwood index)
40% less gold
50% less stocks
99% less BitCoin
But it cannot be in one step because of the dollar denominated debt held by the other countries - 61% of their reserves.
Thus the transition will be to the IMF / World Bank's Digital Currency
https://www.investopedia.com/imf-explores-digital-currency-use-in-international-reserve-ecosystem-5093192
Soon
Shit did you see what happened when the votes were going to be counted? All time high.
Wall Street wants cheap foreign labor and chichink deals.
but its not sustainable. Things aren't that great and the future won't be great. When do things come back to "reality"?
When the fed stops printing money, when the US govt defaults on its loans or when the US stops being the world’s reserve currency which ever comes first.
The sooner the better for me. I want to get the discounts.
Discounts implies things will have future value.... what future value?
trends from 2009 and 2020 - dump and recover - Wallstreet is a power broker and they always make their money, so I follow it.
That may all be coming to a wrap with The Great Reset.
No, money is boss.
Power is boss.
Thing is, with this "great reset" there will still be wealthy people. They would have to hold their currency (whatever it will be) invested somewhere.