Post
Topic
Board Economics
Re: The Everything Bubble
by
Yakamoto
on 17/05/2017, 23:06:53 UTC
The Everything Bubble: Stocks, Real Estate & Bond Implosion - Mike Maloney

https://www.youtube.com/watch?v=w0Oz2R0u4VM

Is everything overpriced? Are we going to crash soon? When? Discussion.
I would say that there is a LOT that is overpriced, stocks are bubbled and RE is also bubbled in a lot of areas, mostly due to people moving and inflating values, as well as new immigrants getting mortgages on things that they aren't necessarily able to afford or are ready to start buying. Happening in a lot of places.

Will we crash? Probably, but it depends on whether or not the banks let it happen in a brutal manner. Chances are they won't and it will be like 2008 again, but it just makes the "reset" crash many times worse the longer it all goes on.