| Which is gonna be the worst meltdown in recent history? It now looks like the dam propping the gigantic asset bubble the government has created up now looks like it is about to burst. If big tech fails this week, the panic they will set in could get very, very ugly and fast. |
| 2022? What about 2020–a recorded recession? |
Nah. 2020 reversed almost instantly and then ballooned assets to historic values due to unprecedented intervention. The problem now is that the Fed put is gone and the era of easy money from 2008-2021 is over. This week is looking like it is teetering on the brink of collapse unless big tech comes up huge. Any weakness in big tech and it is going to be a meltdown. |
| 2022 is going to make 2008 look like a walk in the park. They should have just let it run in 2020 to flush out the excesses, but now everything has inflated to an even bigger bubble.. It's just going to be much much more pain ultimately because we're all screwed no matter what they do. |
| move all your into a money market fund? |
| What do you do with your money in a situation like this. |
| You forgot 1989. |
I mean 1987 |
I’ve been steady investing 15-% of my net paycheck every 2 weeks into my taxable brokerage account. I’m going to just more doing this. It’s worked out well for me |
+1 Trying to time the market doesn’t work in the long term. |
People are buying gold. I bonds, other metals, utilities, health care, and strong dividend paying stocks. China just imploded. Shanghai had to halt trading it got so bad. |
That's fine, just don't expect rebounds like 2008-2021. The era of easy money and the bull market is over. Bear markets can last for very, veryong times. You better lrepr.for holding 10+ years in a worst case scenario. The Fed put is over because inflation is out of control. Bond yields are crawling out of their grave, which means there will be very attractive options in the future besides investing in stocks. Trillions may flow from stocks and into bonds. |
Buy up ZIM and DIN. |
I'm the PP who said we're all screwed. It either ends in a deflationary 1929 crash or a hyperinflation event. We have so much debt with a relatively short maturity that really the country cannot afford to service it at the much higher rates needed to tame inflation. So historically, countries in this position have inflated away the debt via currency devaluation. Some people think we're going to get a recession initially and then the Fed will have to step in and lower rates again by late 2022 or 2023 to prevent the 1929 style deflation, sending us into more inflation. Ultimately this sets up a move to the digital dollar, which sounds nuts but there's plenty of articles out there about it. Buckle up! |
True, but it does work in specific instances when you see an opportunity. |