04-07-2018, 02:44 PM
The problem with your financial predictions isn't that the predictions was wrong, in fact it was correct. It is the fact that the predicted Financial Crash has already occurred. You Predicted a Crash Caused by Speculative lending and other economic malpractice in 2003/2004 and the predicted crash Did in fact Occur, in 2008. The Problem with a Crash "worse than 1929" at this points is that Nobody is Investing in the stock Market that much in 2018. There is No Mass speculation like in 1929, because nobody other than established investors trusts the stock market with their money. The Current stock market as some have pointed out, is largely decoupled from the "real" economy at this point. If The stock Market reflected real numbers it would still be at 2010 levels.