Monday, November 8, 2021

The NEXT stock market crash


I've thought that the 2020 stock crash wasn't the "real crash," but a huge correction.  I expected another, bigger stock crash (also tipping the real estate market down) coming in 2021, maybe 2022.  The guy here at Heresy Financial channel feels the same way, but explains the nuts and bolts economic reasons much better than I can.  Here's WHY the next stock market crash will happen, sometime in 2022.  

Disclaimer

The original post I wrote here was actually deleted, in real time, as I was trying to publish it.  Seriously, censorship and free speech suppression against people talking about financial matters is that bad now.  I was able to post just the video clip and caption right after.  

Rather than rewrite the whole blog post I just spent and hour writing (that got mostly deleted), just go to 30:00 in this video and start listening.  This is Dave's Heresy Financial video from October 3, 2019.  Over two years ago...

"Tech stocks in the fucking toilet"

-Chamath Palihapitiya, in the clip below (late October 2021) 

 Chamath Palihapitya interview video

Investor Ray Dalio's warning on where we are economically and socially 

Warren Buffet has been selling more than buying stocks, and is sitting on $149.5 billion in "cash" right now.  Waiting.  (Remember, he and partner Charlie Munger were alive during The Great Depression of the 1930's)

"... the worst bear market in my lifetime."  - Investor Jim Rogers, best known for The Quantum Fund in the 1970's, he's 79 now 

"The biggest crash in world history is coming in October" - Rich Dad, Poor Dad author Robert Kiyosaki   

Michael Burry, of The Big Short fame, was actually forced to stop communicating his stock market views on Twitter, by the FCC, as far as we can tell.  

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