Did you see the analysts who predicted $200 per barrel oil?
So-called 'experts' are easy to find as everyone has an opinion our culture rarely holds incorrect prognosticating against anyone.
I am looking at what is real and happening.
Could the whole bloody economy collapse? Maybe.
I am just giving MY opinion on what I see.
'scuse me, I meant "BEAR" market, not bull market. I was agreeing with you. I don't think things are near as bad in the near term as many are forecasting.
Could the whole bloody economy collapse? I would say if this headlong drive towards full blown Socialism, coupled with ongoing destruction of the dollar, doesn't slow or stop I'd say it's unavoidable, but not in the near term. We still have a ways to go yet. One thing that would hasten the demise would be Iran getting froggy by lighting off a nuke. Stopping 40% of the world's oil would precipitate an economic collapse unlike anyone has ever known......