Stock market crashes are inevitable because it’s fundamental to how the system works, so a crash is going to happen at some point. The big money is in being able to guess when.
I think size depends on how well the government will be able to step in and limit the damage, so potentially pretty big, but it’ll come down to timing. Ed Zitron says the money is going to run out in 2027, but if big tech keeps coming up with ways to kick the can down the road until a Democrat is back in office there might be some shrewder minds managing the money when the bubble bursts.
Stock market crashes are inevitable because it’s fundamental to how the system works, so a crash is going to happen at some point. The big money is in being able to guess when.
I think size depends on how well the government will be able to step in and limit the damage, so potentially pretty big, but it’ll come down to timing. Ed Zitron says the money is going to run out in 2027, but if big tech keeps coming up with ways to kick the can down the road until a Democrat is back in office there might be some shrewder minds managing the money when the bubble bursts.