The Bust

[sparky]

The 'ol timers told me 'the bigger the boom, the bigger the bust' since i wore short pants.

Having lived thru a number of cycles , as well as having read some rather 'informed' folks here leads me to think it's inevitable......

So, what's yer best guess? This spring? Summer? Will there be a run on the banks? And last but far from least, how are you preparing for it?

Sincerely
~S~

 

[Concerned American]

how are you preparing for it?

I am investing in precious metals and chemicals---lead and gunpowder.

 

[Mikeoxenormous]

The 'ol timers told me 'the bigger the boom, the bigger the bust' since i wore short pants.

Having lived thru a number of cycles , as well as having read some rather 'informed' folks here leads me to think it's inevitable......

So, what's yer best guess? This spring? Summer? Will there be a run on the banks? And last but far from least, how are you preparing for it?

Sincerely
~S~

When you said bust, i thought you meant....

 

[Harpy Eagle]

The 'ol timers told me 'the bigger the boom, the bigger the bust' since i wore short pants.

Having lived thru a number of cycles , as well as having read some rather 'informed' folks here leads me to think it's inevitable......

So, what's yer best guess? This spring? Summer? Will there be a run on the banks? And last but far from least, how are you preparing for it?

Sincerely
~S~

Will be far less deep than 2008 was.

 

[sparky]

Apparently even the world bank acknowledges clouds on the horizon>

Risk of Global Recession in 2023 Rises Amid Simultaneous Rate Hikes, World Bank

As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging market and developing economies that would do them lasting harm, according to a comprehensive new...

www.worldbank.org

~S~