Marcus Johnson wrote:
No, but I will. Thanks.
Seriously though why wouldn't something have already happened? Just curious as to your opinion.
The Fed's twice in 2014 purchased S & P shares in the very last minutes of trading (which is illegal) the market was crashing (S & P goes first). Had the fed not propped up the market, according to expert's it would have crashed.
When (historical) markets crash, it is sudden and in one day followed by futher losses.
+/- THE EUROPEAN UNION announced they are officially back Into a recession
China markets are crashing after their economy has been contracting for over 2 years.
Japan is on their 2nd failed QE, and their market is crashing.
Russia is contracting and boardering bankruptcy.
Brazil is bankrupt, Greece, and dozens more small countries.
The petro dollar is fading into thin air based on last year's signed agreement between Russia and China and Saudis blessing to no longer use the petro dollar, started by Nixon with our fiat currency. The UK, India, and many other countries jumped in (this alone can crash America )
How a out 170 trillion in unfunded liabilities
the new bigger badder housing bubble, and dozens of other bubbles dwarfing the last crash
The false inflated value of the US dollar, has nearly halted over seas orders 4 straight months, bloated undeliverable inventories spells massive factor lay offs on the table
the last entity holding up Wallstreet is oil companies and with the Saudis lowering price per barrel, fracking companies are falling like flies = massive job loses
only six companies are holding up tech stock's
the market gains are primarily corporate stock buy back, when corporations bellies are full, the market has a major correction and their full any day now, after a two year spree.
Americans are tapped out, credit cards, lines of credit and consumer purchases are showing declines after declines
over eight years setting a historic record 5 years ago at the three year mark, more businesses closing than opening. That by itself could collapse our economy. To many new workers entering the work force while businesses are on there way out.
Our GDP % TO entitlement spending exceeds 15% over the maximum that reverses a country into full blown bankruptcy.
I could go on and on, but I'm tired and traveling. Time for rest.