/biz/ - Business & Finance

>>16358187
>shiny boomer rocks

>>16358187
take a closer look at the automotive industry, that's where the balloon is going to pop this time

the books aren't looking good for 2020-2021

>economy still good
like a junkie is good as long as his veins are full, an economy as strong as this one looks on paper could handle higher interest rates (and it should, so as to be able to pull out cheap credit to get out of a slowdown). this time the whole thing is dependant on cheap money, meaning our backs are to the wall

>housing market still good
sure is, sure was iup the 3rd semester of 2008

>virtual full employment
yet poverty keeps progressing. In the US, the next generation is going to be split in two main groups
1)those with less education than their parents , because the price is dissuasive. Not a good thing for a nation, especially in the first world, to fall behind in terms of education, unless the plan is to compete on unqualified workers being cheaper than those in the 3rd world. good luck with that

2) those who got the education and are bogged down by debt. This is what used to be your middle class, the powerhouse of consumer markets, not as rich as the 1%, but way more people. All the money this middle class should be pouring into houses, cars, etc... from 25 to 35 will be absorbed by student debt

tl;dr
short-term looks fine, could hold up for another year max 2, and that's pushing it

mid-term: at the first slowdown, things wil go sour faster and there aren't any tools left in the box, the whole economy is over leveraged and dependent on rock bottom interest rates

long term: for the first time in history a generation's education level is going to be lower than that of the previous generation

>>16359203
Let's talk money, things to do up until the recession and after for maximum gains

>>16358187
shut the fuck up jamie you think we don't know you're doing quantitative easing four times ten?

>>16358187
>he believed neets on 4chan

>>16359268
pinpoint exactly when it is gonna happen and liquidate all ur stocks. Then pinpoint exactly when everything is at rock bottom then buy back in. Profit.