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Free Talk Live => General => Topic started by: Diogenes The Cynic on June 14, 2015, 03:37:11 PM

Title: The Next Bubble
Post by: Diogenes The Cynic on June 14, 2015, 03:37:11 PM
I don't think we will ever have a full blown economic collapse in America. As bad as our debt load is, others are worse off.

The more realistic scenario to me is a meltdown where the DOW hits 8,000. Its at about 16,000 now and I think its driven mostly by inflation, and partly by bad economic policies.

Lets live time document this. Post and comment on bad economic policies that will drive the market.

Title: Re: The Next Bubble
Post by: Diogenes The Cynic on June 14, 2015, 03:38:44 PM
http://www.bls.gov/bdm/entrepreneurship/entrepreneurship.htm


For every new business that opens, 2 established ones go out of business.

That cant be good.
Title: Re: The Next Bubble
Post by: Diogenes The Cynic on June 29, 2015, 10:28:55 PM
There is one area of economic growth I've noticed in the last few months.

Thrift stores are growing in number, and moving to bigger locations.