The stock market can’t rise forever without a correction. The longer we go up, the worse the correction is going to be IMO.
And the national debt cannot rise forever. Eventually the interest (debt service) alone will bring the rise to a halt.
Yes, we are heading toward interesting times. Buckle up.
The stock market cant rise forever without a correction. The longer we go up, the worse the correction is going to be IMO.
There will be a “correction” either way, but in the latter case it will be of a different form - and possibly far worse.
Sure it can. I predict that the Dow will go above 100,000 in the near future. Of course, by then $100,000 won't buy you a cup of coffee.
Albert Einstein has been quoted as saying that "The most powerful force in the universe is compound interest." He was wrong. Hyper inflation is more powerful.