4 ms·
I'm more interested in the comment about the next financial crisis. When is it due?
by gtirloni 7y ago
I'm more interested in the comment about the next financial crisis. When is it due?
- paradox1234 7y agoAccording to Zerohedge, since about 2014
- CWuestefeld 7y ago"We've managed to predict 9 out of the last 5 recessions!"
- __jal 7y agoAnd their accuracy remains.. let's say "unchallenged".
- raverbashing 7y agoIt's easy being "accurate" when everybody else is a "liberal snowflake"
- theandrewbailey 7y agoAny day now. https://www.bloomberg.com/opinion/articles/2018-12-03/u-s-yield-curve-just-inverted-that-s-huge https://www.bloomberg.com/opinion/articles/2018-12-03/u-s-yi... https://www.news.com.au/finance/real-estate/buying/are-australian-house-prices-going-to-join-the-canadian-club/news-story/1d91e2c426b78071f4b71626121dd3e2 https://www.news.com.au/finance/real-estate/buying/are-austr... https://www.odi.org/blogs/10682-record-debt-levels-suggest-we-may-be-sleepwalking-next-global-economic-crisis https://www.odi.org/blogs/10682-record-debt-levels-suggest-w... https://www.cnn.com/2019/05/23/economy/trade-war-economy/index.html https://www.cnn.com/2019/05/23/economy/trade-war-economy/ind...
- seem_2211 7y agoI dunno, I quite like Morgan Housel's take, namely: No one has any idea how long this cycle can go. Australia hasn’t had a recession in 28 years. The rule of thumb is that unless you predicted the expansion would last this long you don’t get to predict when or how it will end. Which means basically no one gets to predict when or how it will end. https://www.collaborativefund.com/blog/its-been-a-while/ https://www.collaborativefund.com/blog/its-been-a-while/