Only 5% of next car purchasers expect to buy all electric cars-Road and Track.

[DriveInDriveOut]

I believe there's a very real possibility we'll enter a depression. And yes stocks will lose up to 90%. All by the end of 2023. I believe that because a lot of very famous investors and economists have laid out the reasons why. We're at the start of the biggest crash in history.

Lol.
Get real.

 

[IVE GOTTA PACKAGE 4U]

Lol.
Get real.

It may not be as steep as he said but I think we're in for a rude awakening

 

[DriveInDriveOut]

It may not be as steep as he said but I think we're in for a rude awakening

I wouldn't be surprised to see measley returns for a good number of years, but the great depression end times doomsayers come out and get headlines with this stuff every downturn. Then they disappear. I suspect the Sp500 goes to 3700ish then we stagnate.

 

[IVE GOTTA PACKAGE 4U]

I wouldn't be surprised to see measley returns for a good number of years, but the great depression end times doomsayers come out and get headlines with this stuff every downturn. Then they disappear. I suspect the Sp500 goes to 3700ish then we stagnate.

Another lost decade from 2000 to 2009

 

[IVE GOTTA PACKAGE 4U]

I wouldn't be surprised to see measley returns for a good number of years, but the great depression end times doomsayers come out and get headlines with this stuff every downturn. Then they disappear. I suspect the Sp500 goes to 3700ish then we stagnate.

I hope you're right but the hairs on the back of my neck is telling me something different

 

[DriveInDriveOut]

I hope you're right but the hairs on the back of my neck is telling me something different

Sir I strongly recommend you allocate at least a small percentage of your future savings into large cap crypto.

 

[IVE GOTTA PACKAGE 4U]

Sir I strongly recommend you allocate at least a small percentage of your future savings into large cap crypto.

If I was old younger and earlier my career I might consider it.

 

[vantexan]

Lol.
Get real.

DIDO circa 1906: "Get a horse!"

 

[wilberforce15]

Did everyone erupt into gun battles during the Great Depression?

I didn't say gun battles were in view. Union weak did.

 

[UnionStrong]

I didn't say gun battles were in view. Union weak did.

Oh Wilbur! What a child

 

[vantexan]

If you thought gun battles for food were probable, you'd be training for gun battles.

Well, you did, so there's that.

 

[wilberforce15]

The NASDAQ fell 78% from its peak in 2002. The upcoming crash, due to the huge bubbles in every financial sector, has the potential to be even worse. The Fed has been propping up the economy with printing since 2008 instead of letting things take their course. We're now in a position where they can no longer do that. There was a reason behind that too. The Baby Boom generation peaked in buying power in 2007. They're(We) are being followed by a smaller generation which simply won't be able by sheer numbers spend what the Baby Boomers did. So the Fed printed. Don't expect a complete recovery until about 2037.

Nobody in the nasdaq even had earnings for the bubble. Or revenue. And it still only fell 80%.

Now the nasdaq is full of the best balance sheets in the world and companies absolutely printing money.

There is no crash that makes Google, Microsoft, Apple, or Tesla stop printing money.

 

[wilberforce15]

Well, you did, so there's that.

No, I never did. I mocked Union weak for thinking it. Here is that reading problem for you again.

 

[vantexan]

Those economists haven't been right yet. 90% is impossible, and if you thought it was, you would have overhauled your entire life to prepare for the gun battles in every city for food.

Well, yes sir, you brought up gun battles.

 

[vantexan]

Nobody in the nasdaq even had earnings for the bubble. Or revenue. And it still only fell 80%.

Now the nasdaq is full of the best balance sheets in the world and companies absolutely printing money.

There is no crash that makes Google, Microsoft, Apple, or Tesla stop printing money.

Only 80%? Do you realize what 80% looks like for the NYSE? About 7500. Do you realize what that means in loss of wealth? 401k's?

 

[wilberforce15]

Only 80%? Do you realize what 80% looks like for the NYSE? About 7500. Do you realize what that means in loss of wealth? 401k's?

The nyse will not and cannot lose 80%.

Do you realize that losing 90% means losing another 50% after you lose 80%?

And I spelled out the differences. The nasdaq top 10 companies are sitting on trillions in cash and have monopolies.

 

[wilberforce15]

Well, yes sir, you brought up gun battles.

I brought them up to show that Union weak was making things up.

Yes, I used the word gun and the word battles. I mocked the notion that they were likely.

Which is the opposite of what you said.

 

[vantexan]

The nyse will not and cannot lose 80%.

Do you realize that losing 90% means losing another 50% after you lose 80%?

And I spelled out the differences. The nasdaq top 10 companies are sitting on trillions in cash and have monopolies.

Initially the market will drop around 40%. But eventually it will drop about 86%-92%. That's where it will land from its peak, which one guy I look at says was January 4th this year.

 

[wilberforce15]

Initially the market will drop around 40%. But eventually it will drop about 86%-92%. That's where it will land from its peak, which one guy I look at says was January 4th this year.

You think the nasdaq list of tech companies will be lower than it was when I got AOL CDs in the mail?

Smoking something good today, eh?

 

[vantexan]

I brought them up to show that Union weak was making things up.

Yes, I used the word gun and the word battles. I mocked the notion that they were likely.

Which is the opposite of what you said.

I never said gun battles were inevitable unless government policies pushed people into desperation.