The perils of predicting a market crash in 2014
The only bubble we're in appears to be filled with hot air.
In the world of Wall Street crystal-ball-gazing, you can always count on a bearish faction to predict the worst. But Paul B. Farrell, a columnist at Marketwatch, might have gotten a little carried away this week, warning that there is a 98 percent chance of a stock market crash in 2014.
It really does not make sense that the fed can just print money when the stock market or real estate market goes down. Otherwise, we would always do this. There will certainly be unexpected ramifications of this policy in the future. I would expect a declining dollar and stock market correction as the rest of the world looks for alternatives to using the dollar. Only time will tell.
The rest of the world really does not have to trade comodities in the dollar. Since the US government and the fed has abused the reserve currency status of the dollar, we will eventually see a decline in purchasing power and it will effect all of us.
The fed has made rich people even richer through the stock market, and eventually the rest of us will be paying more and more for basic essentials of life.
pretty much Paul B. Farrell is close to right
there is a 100 percent total collapse of the US stock market and bind market and financial system planned to go off some time in Sept 2015.
is he is just off one year.
All the smart money is already out of the US
You notice the people always predicting a market crash are the right wingers who weren`t
smart enough to invest when Obama took office and missed 98% gains?Jeolousy is a terrible
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