I don't know anything about stocks and am asking those of you who do.
2007-01-11 08:32:45 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
History does have a way of repeating itself. There has been a crash about every 10 to 15 years. I have no doubt there will be another. Do not have any idea when it might happen or if in fact it will even take so long as 10 years since the last one only 6 years ago.
2007-01-11 08:46:09 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, of course it will crash again sometime. No one knows when.
One of the most likely crash scenarios is if China's economy slows and their lending institutions start calling back debt. Since their lending practices are weak, there will be lots of defaults on the loans and that will cause a financial panic. Since the Chinese dollar is not allowed to be freely traded, the problem will not be able to be absorbed in the world economy. The US will be greatly affected because we have a very large debt ourselves with China, and that will be called back. This is similar to the "asian economic flu" that happened a while back when the "little tiger" economies lending practices collapsed.
2007-01-11 16:42:55 · answer #2 · answered by Julian A 4 · 0⤊ 0⤋
There is still room for this bull market to run.. it has just recovered from the DOT COM crash of 2000-2003...yes it will crash again....wish I knew when.
2007-01-11 17:15:41 · answer #3 · answered by The other GUY 2 · 0⤊ 0⤋