Bad Bob Loc: Virginia

Liberty Tree

We will remember when the recession hits.

Parky60 Loc: People's Republic of Illinois

My prediction is that the Dow will reach 45-50,000 then we'll see a correction that will make 1929 look like a walk in the park. So glad I'm out of the stock market and in gold and silver.

jack sequim wa Loc: Blanchard, Idaho

You could be right 45-50,000. I'm seeing that by 2nd quarter-mid 3rd quarter a crash. Banks are underwater with liability in Bonds and cash withdrawls are at record paces, as people seek a safe haven for their cash. Banking collapses have continued with little to no mainstream media coverage and unless your Bank of America, Wells Fargo, Chase, there will be no bailout , only the sale of a failing banks assets to one of the big 3, absorbing the smaller banks into only existence of big banks that will surrender to government CBDC's power and control.
We are now sitting at 34 trillion 700 hundred billion, barely south of 35 trillion in debt or +/- 135% of GDP with national debt interest only payments doubling from 600 billion in 2020 to 1.2 trillion 2024
Dang, just a month ago it was 1 trillion interest only payment, but congress just approved a 886 billion dollar bill for military and Ukraine.
Biden took office and national debt was 27.7 trillion to now is +/- 7.3 trillion in 3 years.
Here is the rub, Bush, Obama, Trump put us at the economic killer of debt to GDP 90%, a mathematical ceiling of economic collapse, the number used by most experts when economic survival is impossible.
Not accounting for any poor-bad policies over the last three years, the added debt guarantees an extremely hard landing into collapse.
I'm not sure if Wallstreet can survive long enough to hit 50,000.
During the collapse, the left will be ready with a solution, and I think you know what that solution will be.