Post
Topic
Board Economics
Re: Economic crash in 2019!
by
figmentofmyass
on 23/10/2018, 22:59:30 UTC
I know the Dad you're talking about is Alex Jones on InfoWar LOL.

The good news is there are millions of people saying the same thing over the years. Still, the central banks have always had powerful machines to print more banknotes (sarcasm). ZeroHedge is the site where the economic crash propaganda is published daily.
We will always some economic troubles like with Greece or Venezuela, but a worldwide crash has a lot of less chance to happen.

I am not planning to change anything, money comes and go, and I apply the diversity rule

i'm the same way. i've been hearing about the imminent economic doomsday for decades now, and for a time, i was one of those crazy fearmongerers too. what a waste of time and energy!

sure, an economic crash is eventually coming---that's how market cycles work. but anybody who thinks they can time it correctly is also batshit crazy. at some point, you stop taking it too seriously and do the only thing you can: diversify and hedge your risks and don't put all your eggs in one basket.

as a trader, i also know that "he who panics first panics best". when the next major crash comes, most people will be sitting through the whole thing in disbelief, doing nothing but watching their portfolios crumble and wondering how anyone could still be selling.