/biz/ - Business & Finance

>>844724

I wouldn't call it so much a meltdown as it is a correction. Once Yellen raises rates, everyone will pull out and the markets will contract into a deep recession, but probably not as bad as 2008.

The big losers here are NASDAQ listed dotcom companies. Expect Google's and Facebook's brand to fade like Microsoft's has.

Internationally? Things are definitely more fucked. Russia is already in a depression, China is entering one. Brazil is fucked too, so with the BRICS gone all we have left is the Eurozone which may not exist in ten years. Specifically with the EU, the constant denbts brinksmanship cannot continue forever, something will have to change. And that change is likely a Grexit followed by a Spanexit, which will be disastrous as both the UK and France will have EU referendums in 2018 and 2019ish.

Taken broadly in the US it'll be easy enough to ride out most losses over the long term (10-20 years at the absolute max) as long as you're not some dimwitted venture capitalist that put all his money into whizbangsocial.com.

On a personal note, I'm a trainfaggot foamer and I expect rail adoption to increase in the US regardless how the economy goes. So I put some money into Siemens, GE, Alstom, Talgo and similar companies. I think that's probably one of the safer bets people entering the market in the next year or two can make.