What's the most likely factor to crash the US Stock market right now in your opinion? Most of the people who say the market will crash have decent evidence that the market is heading that way, but what's going to push it over the edge?
Debate Thread
Mason Thompson
Other urls found in this thread:
Kevin James
Oh there's a lot of stuff, our market is retarded because if loans. The biggest bubble is student loans that the graduated cannot pay back, a callback to the housing crash caused by the same kind of unpayable debt. Speaking of, we only kind of learned our lesson from that crash, but lenders are largely doing the same kind of thing. My vote is the student loan bubble, because saddling a generation of people with huge debt is one of the most retarded moves in history.
Samuel Rodriguez
I think if geothermal energy starts to gain traction and displaces the oil industry fast enough it could trigger a collapse as well.
Nicholas Wilson
A China / Saudi / Russia / Iran arrangement. Petroyuan and its all over for Uncle Sam
Angel Garcia
Student loan debt is definitely a problem, but I don't see it causing a dramatic crash. For one thing, the information is very transparent.
The housing crash took people by surprise because the riskiness of the loans were disguised by nicely packaged CDO's.
And when houses started foreclosing, lenders were caught with toxic loans that wouldn't be paid back, hence big crash.
You can't walk away from a student loan by declaring bankruptcy. Uncle Sam will follow your ass to the grave. This has big implications for the future of the US economy, but it mitigates the risk for a dramatic crash
Lucas Foster
Thanks for insight. You're right about the housing crash taking people by surprise, whereas student loans are a very public issue. This in mind, it'd make sense for the economy to rot because of student loans, but maybe not a 100 to 0 crash like op wonders about.
Jacob Collins
Its going to have a 10% retracement at most
theres no reason for a crash or recession to happen
Dominic Turner
Retail?
Car financing?
MoviePass is the shining example of complete stuffing of money. It's like that episode of Mr Bean in a restaurant where he tries to stuff minced meat into flower vase, pockets and everything he sees around him.
Ryan Gray
sauce?
Conditions are too loose. They are still stimulating the economy 10 years after. It will not end well.
Ryan Price