XPost: talk.politics.misc, alt.politics.usa, alt.politics.republicans
XPost: alt.elections
https://www.dailymail.co.uk/news/article-12898577/US-economist-2024-market-prediction-crash-Great-Depression.html
US economist makes chilling prediction for 2024 - warning
of 'biggest crash in our lifetimes' as 'everything bubble'
bursts
Harry Dent has said 2024 will see the worst crash in our
lifetimes, the effects of which will last for over a decade
The crash will be driven by overvalued markets and excessive
stimulus spending
Dent urged Americans to 'get out of the way'
. . .
Ummmmmmm ... didn't we hear exactly the same thing at
the beginning of THIS year ???
Everybody waited for the Big Crash.
It didn't happen. Instead markets went UP a fair bit
and inflation eased a bit.
Doom-saying has always been a popular way to gain brief
fame - and MONEY.
Now the PROPERTY BUBBLE *has* sprung a leak. This happened
not really all so long ago, but people did the SAME STUPID
SHIT all over again. Now they'll get the same red ASS all
over again.
A slight diff from last time ... before, the overpriced
properties were bought/rented with BORROWED money, but
THIS time a lot of it was PRIVATE money. That should
lessen the systemic impact.
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