Monday, April 8, 2019

Two Differences Between the Last Crash and the Coming Crash


1.  Because of only window-dressing laws/regs (supposedly to prevent another Crash) instituted during the Obama Era, and deregulation during two years of Trump & Crew,
2.  the metrics for the coming Crash now are worse than were those for the last Crash; thus, the next Bust most likely also will be worse.
...........................
https://youtu.be/9F_sxkSHmCo ...
a very poignant & informative video.
...........................
For those who believe there is no imminent Crash coming, all you have to do is look at the time intervals between the Booms & Busts from the 1973-75 severe Recession up to Present Day, and you'll see that we're overdue for the next Bust.  No one has suspended the Boom-Bust Cycle.  If anything, Busts have become more numerous since the establishment of the Fed Reserve in 1913...and the "Nixon Shock" (abandonment of the Gold Standard) in 1971.  

The DC politicians plus the Corporate Media either are lying or they're significantly ignorant when they tell us everything is rosy.  [Very few in the Corp Media have sounded any warning bells at all.]  The Asset Bubbles now are worse than they were just before the 1929 Crash...& those numbers are proportionate, i.e., inflation is taken into account.  Prediction:  the Big Bust will be no later than the end of 2020.  It possibly could be later, but I really doubt it.

Plan accordingly.

Not only my opinion.  Be Well

No comments:

Here's what happens when capitalism is deregulated

Enron Remember the 2005 Documentary, Enron - The Smartest Guys in the Room ?  [It's currently available on Amazon Prime, & probably ...