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.