MAJOR Market Crash is COMING, Economist Warns Of 90%+ Market Crash Next Year, FED DESTROYING US

Lol. Crypto is a symptom of the hangover, not a cure.

What is he saying, either the investors and corporations Jack up the price of all the houses, or the boomers dying lowers the price of all the houses, but he's predicting both? Pretty bad prediction.

RED ALERT! POUND THE ALARM! ALL HANDS ON DECK! PLEASE PASS ME THE SALT!

Well, I guess it’s a good thing. I have 26 bitcoin 😂

Hes been predicting since 2016 or esrlier lmao

Most people 18-21 aren't even going to notice. I was 19 in 2008, i didn't notice the crash cause i had nothing to crash. Now I do and im not thrilled.

My house sold in 2014 for $84,000. It sold 10 years later for $330k. Im a sucker.

Don’t go after Social Security we older people need it go after Black rock the corporations for stealing our homes and go after the government supports them

It has to the Plandemic was catastrophic to our currency/economy. Real estate is higher than it was in 07-08. Money is worth much less because they printed copious amounts of money. If you are already poor you’ll fine. People with retirement plans, real estate and other investments. A large percentage of them are going to lose it all.

Bitcoin is not the answer it will crash soon after. It might skyrocket first but it will come right back down. What makes you think you will always be able to access your bitcoin? What if it disappears and they don’t let you sell it? It’s a scam. They tell you it’s valuable because there is a fixed amount. But you can by fractions of fractions of bitcoins. So you are essentially making more coins. Just in the reverse. You are taking this “fixed amount” and cutting it into as many pieces as you need.

Hope the internet stays up ....which in a conflict will be the first to go ...good luck with that bitcoin....thank god the nsa gave us bitcoin

One of your best takes

You generally won't get hangovers if you stick to clear liquors and make sure you are hydrated.

Isn't there a housing shortage? Market wont crash. It might drop a little if interest rates go up but supply and demand dictate prices.

just in time to blame Trump.

My portfolio, though young and small, was doing well until May, matching major indices. Now; it's going down day after day. A true bellwether of our economy, not what the TV tells you.

They're going to let the bubble build until the new President is in office, and then they'll let it pop. The new President will be blamed for what is happening and they will not stop talking about it until after he's out of office after his 4 year term. That is how it's going to go down.

I think this is inevitable; I had actually predicted it would come in May, but I think it is being artificially delayed or put off so they can use it to disrupt the election. Problem for the corrupticrats, government, and Fed Reserve is holding it back long enough. I don't think they have much time left. End of July, mid August we'll see things start to crumble and that's too soon. Especially if they can't completely shut Trump up, who will use this as another springboard.

Bitcoin has been subverted years ago by the system, it’s a way probably, to fund black money for government ‘pretend’ corporations like blackrock

If the bubble pops Bitcoin will go through the roof? How so? First off, majority of people don't have it, don't want it, don't accept it as payment, and you have to sell it to use it, and if the economy crashes people will need to sell it to get something they can use! Plus, if the price goes up, then no one that doesn't have it will be able to afford it, so no one will be buying it.

If it does it’s Trump’s fiscal year

It's the slowest crash we've ever seen. It'll take place from 2020 - 2035

Cloward-Piven Strategy at work.

BTC is a ponzi scheme.

yawn. im a younger millennial and i remember hearing this every year since i was a kid. nothing is going to happen.

the stock market is self adjusted for inflation...so it needs a 35 percent drop for sure

The only thing holding the economy up is the $2 Trillion in annual deficit spending by the federal government which is being paid for with money printing; hence the higher inflation we are experiencing. Furthermore, most of the stock market gains are from the Magnificent Seven; Google, Microsoft, Tesla, Nvidia, Amazon, Meta, and Apple. Take those out of the indexes and the market is declining. The reason the real estate market is at insane highs is because of the likes of Black Rock and other institutional investors buying up residential housing. They see the inflation that the money printing is creating, so they invest their money in hard assets, namely real estate.

it's just Harry being Harry, don't pay him any mind

Harry Dent has been saying a crisis is coming since 2009. He's not very credible, he literally says this every year

Property that will be inherited from the Boomers will take the next 20ish years to get handed over to Gen X and Millennials. I don't think I'd call it a crash.

Government spending needs to be subtracted from GDP calculations. All of that spending is first taken from the economy to put back into the economy, minus the cost of the bureaucracy and any corruption. It does not count.

"The Housing Economy" a naturally decaying asset like houses which has been spun and only talked about as a "bonus" of "growth" every year... Weird how houses are now priced higher than ever before, how clever since in 2007 when they got appropriately priced according to their decay for once.

"Nobody buys" Tim is clueless about what is going on. Somebody will buy. Always. Because the wealthy will always buy land and houses. I lived in Asia and saw this first hand with wealthy Asians having stacks and stacks of property documents. They don't care. They won't sell until they make a profit. And if people won't big companies will.

Just remember America money does not disappear. It just changes hands. That’s all the stock market is is a way to steal money from someone. That’s why you don’t trust the government with the stock market.

Btw: You will pay the death tax on the inflated house price, but then you won't be able to sell it for that.

Market is currently crashing, it's inversion, assets are going up, cash is going down. Reverse market crash.
Real estate will not crash like that, cash out buy another, ...

I expected the market to crash a couple years ago. Spending on COVID kept things afloat, then more spending for the Inflation Reduction Act, now all the spending on supporting Israel, Ukraine and Taiwan. Lots of money keeping everything afloat. I like that it took longer though, allowed me to prepare more. Stock up on more items. Shift finances around. But I still feel its coming. BRICS, the future of the petro dollar alliances, so much going on right now.

I swear Tim just talks out of his ass when it comes to finances, taxes, and economics.

You are a digital fool! What nonsense you spew!!!

Feel like crashes are always planned from the 0.1% elite.

LoL. tim - finance is not your area. Stay in your lane

Im 27 and grew up post 9/11, lived through 2008, dealt with 2020 and this is just another hill to climb. I will survive on squirrels and clovers if I have to.

If only I was already out of college. I could build up some money and take advantage of the falling prices

people that live below their means will hold on to Bitcoin/crypto, but the greedy/leveraged people will dump it to have USD. Same story as 1929. Greedy individuals who do not understand the game with a shortage of liquidity are left holding the bag.

Dent has been saying this since 2012

Your commentary on markets is easily your worst content. You’re out of your depth. There is no fundamental analysis here, just fear mongering. Your claims on BTC going to a $1M upon a market crash is absurd. Stop with this trash.

Well 10 days off is pretty good

@timcast Portuguese guy here. Lots of respect. I would like to just make a note, tho I agree with alot of things with you, the house bouble the experts in europe and Portugal *right wing and econimic scientist are alerting the housing buble will never happen, because the gobal elites, made sure it wont happen
How?
Simple, and I know you have imigration problems but not nearly as bad as us, (consevetive numbers round up 27 milion in 500 milion population, of imigrants to stay in last 5 years) and its the economic policy (not cultural) so that social security for old ppl doens t die. And it s center position.
So over-all. We have in Portugal 10 imigrants living per house in the capital. Portugal has the highest housing market in the world, passing london and toronto-Canada. And Its only a precursor to the future of europe.
The Housing market will not buble, because contrary to 2008 where it was a saving opcion of old people and there wasn t buyers, Today we have in europe more people needing houses then houses avaiable. Ppl in europe leave the parents house at 28-32 average and it tend to go up. And it isn t because we don t have money but because there just aren t enough houses. And you cant compete 2 above average salarys agaisnt 10 minimum wages, sometimes even social benifits allowences..

The housing market it's completly manipulated, by global politics and the greens.
There is something I believe even in USA you have this, The PDM (something along the lines of " Municipal/county directive planing") wich is something wich tells you if you can t build a house, a 4 store building, if its only for agriculture, or if it is a protective zone. And In portugal/europe, everything is a protective zone, so we don t build a picket white fence where we want it, specially because it would be cheaper if you could build anywhere you wanted, (almost 40% of the house in PT is the plot of land) wich means, it is only proftable to build luxury houses, and the clear the permit it takes you (if you re private citizen- low budget for lawyers for city councel to clear permit) 3-5 years (case that happen to my brother, with 400k € in hand to pay it in full the project). And obviously with so much burocracy you have alot of less of small building companies. wich means, you have no one to make the houses even if you have the money.
So till just this point. You made only the big corporations monopolize the building infractrasture, of housing market in cities and outside the cities. So Remax, Era (companies in PT own the market, making 20% profit margins, buying up, selling and giving loans to small companies to build the houses for them. Most of the houses).
My uncle is a contractor (one of this small/medium building companies +-30 workers) Reason my brother actually is able to build.
I won t bother you with the details of the imigrants working for him, wich is also a problem when putting the cultural and work enveriments. Is hard to convince a Portuguese Youth to learn the art of building for average salary (1100€) when in a popcorn stand in the shopping mall you get minimum wage (830€). The medium class was Obliterated.

This is no joke seriusly, no one in europe thinks the housing market is going to burst, unless they are part of the system, or the narrative. And although you are a bit diferent from us, you are not far off and your border policies is going to get you to the same problems as us, in a not so far future. If you think your housing market is competive and has as much offer as it has of demand, you make demmand 5-10% higher with imigration (15-30 milion) in 10 years and you have the same problem.


When the real extreme right wing speaks of leaving EU is not a joke. We tired of gobal policies. Almost 60% of policies in countries thoughout europe and made in European Parlement, making us pratically a federal Nation Of EU. Wich is strange because Europeans still think of there country as soverent. But is an ilusion and most people still haven t realised. In last European election, the extreme left spoke about (there is no iligal migrants, because no imigrant is iligal) and central banking no longer being independent. Real comunism Rhetoric and advances.

So how exactly can we guard against the coming financial reset for 2024? Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.