10 Expert Predict When The Imminent Economic Collapse & Stock Market Crash

Are any of these experts the same ones that predicted the economy would collapse, if Donald Trump was elected President?

a reply to: CB328

".. 10 Expert Predict WHEN The IMMINENT Economic Collapse & Stock Market Crash .."

Because the word IMMINENT is used (meaning sooner than soon), then the word WHEN really doesn't fit.

originally posted by: lakenheath24
Where were these peeps in 2008?

They weren't on mainstream media but there was plenty of warning on the alternative side of things. My financial advisor happened to be one of them and allowed us to get out of the market prior to the crash. They were considered "fringe" until they were proven correct. Back then there were experts on shows like Coast to Coast AM and Alex Jones who were handing out the warnings and telling people how to avoid going broke. We left the market and put our winnings in other places. Playing the market has always been a form of legal gambling----gotta know when to hold 'em and know when to fold 'em---as the old saying goes.

a reply to: eNaR

So...inevitable?

originally posted by: neo96
One does not need to be an expert.

Market forces are cyclical.

What goes up, Always comes down.

Of course in the short term the usual suspects lose what little minds they have.

Over the long term it's the stuff that makes Buffets.

The dot com bust happened because everyone jumped onto click-selling items and got squished when the big store retailers realized they needed to get onto the internet.

There has been the mobile market boom with smartphones, tablets and other devices.
There was the Bitcoin and cryptocurrency boom for GPU's. That's moved to ASIC's.
Now there is the AI boom with machine learning and autonomous vehicles.
There's a gaming boom with Unity/Unreal, VR and AR.

originally posted by: olaru12
You don't need to be an expert in economics to know that tariffs and a trickle down economy is going to blow up bigly and the right wingers are going to whine..."why didn't anyone warn us"

www.vox.com...

Just print more money...lol...good luck with that.

Hey. Quantative easing worked for our last admin.

Let me guess: To prevent this, we need socialism.

That about right?

originally posted by: diggindirt

originally posted by: lakenheath24
Where were these peeps in 2008?

They weren't on mainstream media but there was plenty of warning on the alternative side of things. My financial advisor happened to be one of them and allowed us to get out of the market prior to the crash. They were considered "fringe" until they were proven correct. Back then there were experts on shows like Coast to Coast AM and Alex Jones who were handing out the warnings and telling people how to avoid going broke. We left the market and put our winnings in other places. Playing the market has always been a form of legal gambling----gotta know when to hold 'em and know when to fold 'em---as the old saying goes.

The problem is there's someone saying this every year. If you listened to all of them you'd never do any investing. Then there's the pundits on TV every time the Dow is down a few hundred points (which is nothing when you're in the 20,000s) singing gloom and doom and convincing more people to sell. Even an occasional correction of 10%+ is just normal fluctuations. In today's day and age though, where every Joe Schmo has instant trading and gets the news on their phone, people panic and start selling off, making every downturn worse than it really should've been.

a reply to: CB328

Any evidence for this ridiculous assertion? Trump is exploding the deficit with gigantic, completely unnecessary tax cuts and increased military spending.

You cannot blame 1 administration, but Obama did double our national debt (as did Bush), and without quantitative easing and helicopter money the economy would have been entirely wrecked during or right after Obama. Our economy is now like a heroin addict because this has gone on for so long, as soon as the easy money stops and interest rates climb it will be painful. They should have let things correct more naturally. To blame Trump is sheer naiveté or political bias and ignorance. The same can be said for blaming Obama, Bush, etc. for macroeconomic trends that resulted during their reign (but they are both corrupt a holes just like the rest of them). I think you need to open your eyes to your own biases...

All I see is Politically Prolapsed idiots screaming the sky is falling while everyone else is basking in the Sunlight....and opening New Businesses.

a reply to: CB328

originally posted by: norhoc
a reply to: CB328


Meh, people predicting the economic collapse are a dime a dozen and are always out there.

That's true but there is a distinct advantage for the Democratic party if a recession were to hit before the mid-term elections. This more than anything adds to the likeliness of it occurring.

a reply to: Asktheanimals


Yea if the pundits are correct and the DNC takes the house, they need that recession to strike before that.


After all the anti trump stuff leading up to the mid terms, if they take the house and start blocking everything and a recession happens it will be fantastic optics for the republicans to abuse them in the presidential election.

The Economy will collapse, it is only when that people have a hard time predicting.

Simpsons did it.

a reply to: face23785

Yes, there are a ton of idiots in the world and some of them have money to invest. But if you have worked hard for your money you usually take care as to how that money is invested. Taking financial advice from pundits on CNN isn't my idea of a good plan.

As I said, it's all legal gambling. Never bet more than you can afford to lose. I know a lot of people that had their entire savings in the markets in various forms and didn't or couldn't get out. I'm thankful on a daily basis that my parents and my in-laws, having survived the Great Depression as newly-wed couples, taught us how to plan for the future and live within our means.

a reply to: diggindirt

Yeah, I lost $90k on my house I bought in 04. Biggest money/land grab since the great depression. I watched the Big Short and if it was true, then nothing was done. Same ole peeps running the same ole show. I just wonder what will happen if or when the student loan bubble bursts.

originally posted by: Throes

originally posted by: CB328

what will collapse not only the stock market, but also the dollar, is all the trillions that were spent during Obamas administration

Any evidence for this ridiculous assertion? Trump is exploding the deficit with gigantic, completely unnecessary tax cuts and increased military spending.

I abhor people who dislike tax cuts.

So do I, but let's be realistic. Tax cuts without a decrease in spending simply ratchets up the deficit.

How is that a good thing? You are clearly not a fiscal conservative. A good conservative will find ways to reduce spending on frivolities and wasteful social programs.

I'm not seeing any signs but is anyone else seeing signs of a housing crash or at least down turn in any areas or states?

The key to making profitable investment decisions is having better information than the other investors.
If it was known ahead of time that there was going to be a 20% correction in the stock market this September everyone would sell their stocks. That can't happen.
One trend I have been watching is the published Federal reserve statistics concerning CD rates.
They have been under reporting the actual market situation.
Although the Fed claims 1 year CD's are only yielding about 1 percent, in actuality they are yielding 2.5 percent or higher.

a reply to: Phage

The gold bugs always see an imminent economic crash, often what they click on reinforces that idea.
This video talks mostly about cyclical stock market corrections and interest rates so I agree OP probably leaning toward inevitable.

With two or three year CD rates outperforming average stock dividends, it might be interesting to predict investor/gambler response.

The huge stock price gains at the end of 2017 are still fresh in the stockholders minds and they haven't got their third quarter 2018 results yet. Not to mention it can be a hassle to sell shares, report the income and reinvest in a fixed income product that isn't offering much more than their current stock dividend.

On the other hand if the plunge protection team is actually a myth and a 20% correction really could come along it can wipe out 5 or 10 years worth of dividend gains in a month!

I have a hard time predicting herd behavior, however the short 1% day moves in stock prices the video talks about trains (lazy) investors to keep their sell stops wider than normal so they don't get a call from their broker. Lots of other weird things going on with stocks to discourage those of us that are not gamblers.