I don’t think there’s enough social optimism for an AI/robotics bubble. It’s a continuation of President Obama’s depression fix, which is unfortunately as temporary as Greenspan’s fix.
MAGA optimism allows it to continue but with reduced personal savings and increasing personal debt, it’s going to happen again. But this time govt coffers will have been cleaned out by the “tax cut” so a rescue operation won’t be so simple.
I predict the big drop by 2025 at the latest but a smaller big drop before then.
I hope the crash happens soon though tbh. These vapors can’t last.
Soros had a fix for President Obama’s depression fix that sounds sustainable but it’d be a hard sell: Lower all the property values at once.
The ramifications of that would be amazing for citizens and real estate investors will recover eventually, just at a slower pace.
I think the intentionally slow recovery for Puerto Rico was to lower property values for investors but it was a shitty move that cost lives.
Well, you’ve got the real estate and market cycles. I *think* there’s a 9-month lag time between stock and real estate but it’s been a long time since I studied patterns.
I like the concept of voluntarily, intentionally and transparently lowering property values only, with safeguards against predatory investors snapping up low-cost properties. Mortgages would have to all drop simultaneously. No reapplication. No games. Just drop them.
Meanwhile, businesses will continue functioning. Wages made. Housing costs can be paid by those who currently struggle.
You’re over my head now. Ask me in 2002 and I would understand you. In 2018, I just remember, “Look for certain visual graph patterns”. I can see them automatically now and get a mental idea of the sliding window in which they operate enough to have a bit of “tea leaves” opinions.
But as I haven’t actively invested in quite some time, my knowledge is more broad and generalized anymore.
My 2025 prediction is based upon tax incentives for middle to lower brackets expiring from the Republican Tax bill at that time.