02-07-2016, 03:59 PM
A Citi analyst is calling it "Oilmageddon." Though that seems to be more of a prolonged recession scenario and not a doomsday / collapse scenario of the type cannew is asking about.
Apart from pandemic, alien invasion (the outer space kind), or a major global war, for a real depression, I think we'd need the next shoe to fall from the 2008-2009 thing. On the one hand, it seems like it would be hard to revisit those types of scenarios so soon, but I also never fully understood the exit strategy from the huge increases in money supply used to address that situation. I don't see any obvious bubbles, or signs of inflation, and so I wonder if a ton of it is in the stock market (aside from the massive corporate cash hoards).
I vacillate pretty frequently between optimism and pessimism. But I was comfortable buying stocks in the winter of 2008-2009, figuring that either I was buying incredibly undervalued shares or else the credit markets were going to seize completely, and all of my savings would evaporate anyway.
Apart from pandemic, alien invasion (the outer space kind), or a major global war, for a real depression, I think we'd need the next shoe to fall from the 2008-2009 thing. On the one hand, it seems like it would be hard to revisit those types of scenarios so soon, but I also never fully understood the exit strategy from the huge increases in money supply used to address that situation. I don't see any obvious bubbles, or signs of inflation, and so I wonder if a ton of it is in the stock market (aside from the massive corporate cash hoards).
I vacillate pretty frequently between optimism and pessimism. But I was comfortable buying stocks in the winter of 2008-2009, figuring that either I was buying incredibly undervalued shares or else the credit markets were going to seize completely, and all of my savings would evaporate anyway.