“I’m predicting a global depression, but I’m not an educated investor.”
I think we’ll do better than the rest of the world, as usual. This recession looks more like ‘69-’70. Bond Market and then the Stock Market do the predicting. If people were more willing to do something productive with themselves we’d see a fabulous Boom start later in ‘23.
Another interesting tidbit:
“Between 1900 and 1928 there was a recession every 1 year and 10 months. Between 1929 and 1949 there was a recession every 3 years and 8 months. Since 1950 there has been a recession every 5 years and 9 months.”
Each has been called the End Of the World.
“Each has been called the End of the World.”
So you’re saying we’re all dead…
You know there are black swans still out there.
Argumentum Ad Ignorantiam.
Between 1900 and 1928 there was a recession every 1 year and 10 months. Between 1929 and 1949 there was a recession every 3 years and 8 months. Since 1950 there has been a recession every 5 years and 9 months.”
Each has been called the End Of the World.
**************
Yet the world didn’t end.
The economy recovered each time and started chugging along.......... “Cha-Ching.”