A Great Crash Is Coming! Stock Market Crash Imminent Economic Collapse In 2017
Current stock market valuations are not sustainable. In 1929, 2000 and 2008, stock prices soared to absolutely absurd levels just before horrible stock market crashes with economic collapse. What goes up must eventually come down, and the stock market bubble of today will be no exception and economic collapse 2017 is possible.
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In fact, virtually everyone in the financial community acknowledges that stock prices are irrationally high right now. Some are suggesting that there is still time to jump in and make money before the financial crash comes, while others are recommending a much more cautious approach and preparing for the imminent economic collapse. But what almost everyone agrees on is the fact that stocks cannot go up like this forever.
On Tuesday, the Dow, the S&P 500 and the Nasdaq all set brand new record highs once again.
Overall, U.S. stocks are now up more than 10 percent since the election, and this is probably the greatest post-election stock market rally in our entire history.
But stocks were already tremendously overvalued before the election, and at this point stock prices have reached a level of ridiculousness only matched a couple of times before in the past 100 years. Only the most extreme optimists will try to tell you that stock prices can stay this disconnected from economic reality indefinitely. We are in the midst of one of the most outrageous stock market bubbles of all time, and as MarketWatch has noted, all stock market bubbles eventually burst and global economic collapse imminent…
“The U.S. stock market at this level reflects a combination of great demand, great complacency, and great greed. Stocks are clearly in a bubble, and like all bubbles, this one is about to burst.”
source:The Economist
Great post. But the biggest lie of them all is the world could possibly be flat!! Do you think the world is flat? I know this sounds absurd but it's all over net surely it should be looked into. Can you imagine how much money NASA has gone through and they could be full of shit.