When Will the Stock Market Crash?
People believe that a decade is too long to go without having a crash and resetting the scale.
Sadly, they will soon be right. The stock market will not continue to always increase pretty soon it will crash. Yet, the economic crash will not be solely on the stock market this time. It will mainly be due to student loan debt. The student loan debt will lead to banks panicking and crashing as well as then people taking out there assets which will lead to the stock market crash and then other countries will have to jump in which will lead to a weaker global economy. It will be a domino effect.
The signs for it are slowly starting to show. Now there is still some time and preventions can be put in place, so no reasons to worry. The stock market will only be affected if people things get 1929 bad. The stock market is solid and can only be impacted if other factors, like student loans, interfere.
If anyone has student loans then they should pay them off as quickly as possible so they will not be greatly affected. This is a couple of years away if the precautions set in place will fail, yet this is highly unlikely.
Just wanted to give you guys a piece of quick summed up news.
-Best of luck to you, Nick G.