Comment by Noaidi
18 hours ago
This not a prediction. The crash is currently happening. You just do not want to see it. Can you explain gold and silver prices? can you explain why bitcoin has been flat now dropping? The falling dollar? The US Treasury yields rising since 2020? CAn you explain why consumers feel at ease even though economicsts are stying everything is great?
I mean why do you think the FED and Trump are all over each other? Because there is no way out. If they lower rates, inflation. If they raise them, assets collapse.
People have been warning about this exact secnario since 2008 and no one is listening. Back then it was a prediction, but now it is happening.
> This not a prediction. The crash is currently happening.
The stock market being at an all-time high, a crash in the usual meaning of this term is not, by definition, currently happening.
Since apparently this isn't what you mean by "crash", could you define what you mean by this term so we're all on the same page?
All time high if denominated in USD. YoY, stocks have been increasing in value as fast as USD is losing to CHF. Regardless of whether gold and silver jumps are a pump and dump, stocks, in "real" value, are at most flat.
Well it's an all time high in EUR as well for instance. I haven't checked for CHF or other currency one may cherry-pick, but in any case it wouldn't change my point: even if it was slightly below an all time high, it's not currently crashing.
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https://en.wikipedia.org/wiki/Goodhart%27s_law
It’s funny when people just determine that a crash only happens when the stock market crashes. Things were crashing in the housing market before the stock market crashed in 2008. Do your homework.
> Do your homework.
About what though? You haven't explained what you meant by a crash so I don't have much more to go by to understand your point.
If not the stock market, what's the market you mean is currently crashing?
I'm an old guy. Some people (goldbugs) have been predicting that the debt would lead to a crash since the 1970s. I'm withholding judgement.