[quote=scaredyclassic][quote=The-Shoveler]Good to see you post again TG,
Yea I agree sort of but right now “NOTHING” is allowed to crash. I kind of think as soon as (or if) the stimulus sugar high ends things may crash.
But I do see two things that will give this a few more years yet to run IMO.
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There will be no crash in the 2020s. Financing is normal. The next crash may not be in my lifetime. It will probably be the result of some unexpected catastrophe, perhaps environmental.[/quote]
Every crash is unique and a once-in-a-lifetime event. But if you look back over the last 100 years, about every decade something has went south.
Oil prices in the 70s. Black Monday in 1987. Dot Com in 2000. Housing Bubble in 2008.
We are due a financial calamity.
It may not be in 2021 – shoveler may be right they may keep juicing this thing along for a year or two.
But the saying the bigger they are the harder they fall was made for a reason.
