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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]01 wasn’t bad at all, unless you were all tech invested and/or worked in tech.

08 was terrible, unemployment and investments, we were close to a total financial collapse due to the housing bubble and leverage

22 ?? What is collapsing? Stocks are down 10%, this is just regular market moves, happens every few years. Where is the meltdown coming from. No collapse in housing, may decline a bit due to mortgage rates but there is no foreclosure crisis based on better lending standards. Company profits look solid. Maybe there is some mystery bubble in finance but nobody can predict that one.[/quote]

First of all, I agree with you.
Here's what's happening.  Nothing is collapsing. We have supply chain issues, due to the pandemic and probably Russia now (energy).  Our government flooded the market with money, the stimulus checks, and we got inflation (surprised? Not me). Then war breaks out and a large source of European energy is cut off.  Prices from some of those good will rise. This has a knock on effect to other goods because the cost of shipping has now risen and energy routes have changed.  Meanwhile the government implemented interest rate hikes to help control inflation. People put more money in bonds than stocks, and stock market burbs. People freak out at the little burp.  The government stated several more interest rate hikes, which means stock will bounce around for a year or two. Don't freak out, it's normal.... look at the 80s when inflation and interest were higher.  Honestly, people here freaking out were probably not born in the 80s and are too emotional to look at the free data all over the internet about this.

As far as a collapse- the only thing that may collapse is crypto. Rich Russians have to park their money somewhere, especially with the sanctions. Honestly, I'm too conservative to invest in it. I like money, real money, and I'd like to keep it.[/quote]

Huh? Crypto is mostly unregulated. This comment makes zero sense
[/quote]

You don't think governments could step in to regulate this? Like they did the bank? Or basically everything else? I think they could, then what happens? The comment makes sense to me...[/quote]

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