I predict the financial markets will collapse within 4 years maybe less?

Question

What are your predictions on this?

Nice to see Labatt13 is in the know!

I will give the evidence to those worthy of the answer

Special gifts going to WIKIJO and CSR for great effort

Special gifts going to WIKIJO and CSR for great effort also labbat 13

Answer 1

any particular reason you think this or did you just pull it out of your ***?

Answer 2

If you consider the sum total of the commercial Wealth as a growing organism and its growth rate is measured in terms of the GDP or GNP then it stands to logic that the more a small coterie of smart investors start manipulating the market to ensure that larger and larger shares of the community wealth flows into their hands there will be lesser and lesser wealth left for the vast majority of the investors in the market.
The small investors are relying on the middle class who live by the textbook of morals. When this middle class gets its fingers burnt it will advise small investors to tell the stock markets to go to hell and save whatever they can through land or gold or whatever but definitely not corporate shares.
Every time there was a meltdown in the share market anywhere in the world it was provoked by this reaction from the middle class to the experience of being robbed by the elite class..

A meltdown is round the corner if the Market manipulators dont mend their ways.

Answer 3

You could be right.

The amount of gov't debt is staggering & increasing. Alot of it is simply not counted. The government has degenerated into two partisan camps who are mainly interested in how they look & winning the next election than in actually addressing the serious issues that no one is talking about. This president has not vetoed a single spending bill - unprecedented & out of control spending & no one seems to mind, it is hardly mentioned.

When factories close & companies either move overseas or ar bought up by foreign companies, the workers in the US who are unemployed after 5 months are simply not counted anymore; no one knows for certain how much our unemployment rate is another peice of fiction, after the numbers used to report the debt.

The savings rate mirrors the nat'l gov't ; a negative number. The astronomical credit card debt mostly goes to buy things made outside the country, fueling the trade deficit. (Levi's closed all 60+ of its factories in the US - they are now made in China)

The Chinese & JApanese are getting tired of holding so much of the US treasury debt but at the moment still no one wants to be the first to dump dollars. Same to a lesser extent with Korea & Taiwan.

The day that petrodollars become petroEuros, petroYuan or petrosomethingelse the multi billion interest free loan the US has enjoyed from the rest of the world for decades will disappear.

There is something to the idea that we are too important to the health of the rest of the countries for them to push us over the edge on purpose, but what if we start to slide all by ourselves?
Or what if China starts to slide? Who could prop it up? The rest if the world would follow...

Answer 4

It's always nice to have a joker in the crowd: when things get tiresome a good laugh can be healthful.

In four years we will have had the end of the Bush era and the beginning of some other era. If that "other era" is Hilliary's then a collapse of the system sounds plausible.

Answer 5

I think there will be a recession as there usually is following the all time highs that we've seen lately. A collapse is completely unlikely. The fact is the rest of the world would be forced to bail out any US collapse or face a depression themselves. Even the Chinese.

Answer 6

The big word here is "I". One person predict something in the pool of a billion ideas, and he thinks he is right. Most of the time, he's wrong, but sometimes one of us gets a breakthrough.

Answer 7

maybe 2012 when everything else does. But what is your basis?

Answer 8

unless the government is hep to land grab schemes hypotheticaly,excuse me i have to getty going and stir my sauce

Answer 9

No way

Answer 10

You have my permission.