Market Correction on the way AMIE! :)
~~~~~~~ From 1888 to 1988 which is 100 yrs., the DOW JONES went up 2,500 pts........ The low set on the DOW JONES during 2009 recession was 6,700........... In 7 years the DOW went up from 6,700 to over 18,000....................****** In my opinion a 10 year old can tell you it's over bought!
~~~~~~~ DOw is going under 10,000 ............... WHere will it stop? WILL IT STOP again at 6,700 were ALLAN GREENSPAN gave his irrational exuberance speech? OR WILL IT GO LOWER into the DOW JONES 3,000 and under?
~~~~~~~~~ My guess is you see HOUSES drop in price in the next 2 years as much as 80% on a national average.......... If your home is worth 100,000 it will be worth 20,000 in my opinion.........
~~~~~~~~ Just do the MATH, If wall st. comes down that much, than so will it trickle down to everything including EMPLOYMENT which should top over 50% unemployment when the Market Correction transpires in my opinion.........
~~~~~~~ Your looking at 19 t in DEBT, and it's a known fact that if the interest rates go up just 1% from where they are now, THE US WON"T have enough money to even pay the interest on the 19T in DEBT!!! CAUSING A DEFAULT in the BOND MARKET which is going to trickle down in my opinion.......
~~~~ You think CONGRESS will prolong it and spend more? If the DEVB goes up, and the FED dumps more money, at what point does the house of cards fall??????
GETS WORSE AMIE!!!!!! THe BREXIT exit has everyone seeing it come in my opinion. Check out all the countries failing....... VENEZUEAL and now BRASIL....... Other latin american countries are struggling......... EUROPE is in trouble, hence the BREXIT..................
THE DOLLAR which is losing its power as a GLOBAL RESERVE CURRENCY, is having to compete with other COUNTRIES DOLLARS, mainly the PETRO DOLLAR!
~~~~~~~~~~ SHORT THE BANKERS, SHORT THE STOCKS, SHORT THE MARKET......... and than hope that the BANKERS and BROKERS don't WELCH on their bets and honor their stocks and contracts???? Don't count on that either!!!!!
It's called ECONOMIC MARSHALL LAW !
just my own opinions of speculations.........
Have a great day AMIE! :)
Just my own opinions of speculations only, i get my ideas from Lippy the Lion and Grape Ape who combined together with the Wonder Twins and GLeek, for educated opinions of speculations only using hypothesis for explaining the solution to the problem ma
AI
