Tuesday, April 7, 2015

Disaster Is Inevitable When The Two Decade-Old Stock Bubble Bursts

While the Fed is in control of the stock bubble for now, this won’t always be the case. Stock valuations and prices must come back to reality, and when they do, it’s going to shake the entire global financial system to its core. Because of the high ownership of stocks in our country, the two decade-old stock bubble means that American wealth itself has been in a bubble. Pensions, 401(k)s, and other investment accounts are loaded up on an asset that is worth a fraction of what it is currently valued at. The masses are banking their future and retirements on a house of cards, and are completely oblivious.

2 comments:

Sean said...

People ARE oblivious to this monster waiting for them, and when you try and explain to them the danger, their eyes glaze over. Why? The same way their predecessors in New York were shocked after years of warning when those planes slammed into the World Trade Center.They simply cannot believe such a thing will ever happen, even when they're told it will. Cognitive dissonance. Yes, I see the threat, no I will not do anything about it, because it doesn't fit my current reality.

ag42b said...

It amazes me how people who would never be seen in Vegas bet their money on our overinflated, rigged. stock market.

At least I've gotten my family to appreciate the lasting intrinsic value of gold and silver, which is readily available.

Scrap dime bags are very popular, and cheap right now.