Post Reply What will be the next economic bubble to burst?
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Posted 1/27/18
Economy is doing great. Whether you thank Trump or Obama for it that's the reality.

But what goes up inevitably comes crashing down. Whether is next week or in the next decade shit is gonna hit the fan.

So which fan do you think the shit will hit? Housing, auto, tech, banking, for profit higher education, retail?

I think it'll the car industry. Car makers are gonna wake up see that younger generations can't be bothered with car ownership. Between the price of the car, maintenance, repairs, fuel and insurance it's pretty expensive and a lot people despite what they do for a living are opting for ride-sharing or public transportation. It'll happen slowly at first but I think it's approaching a cliff and there will be a fundamental shift in what is desirable to have as a young person. A car, or a pocket full of expendable income.
mxdan 
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Posted 1/27/18 , edited 1/28/18
Unless one assumes that the laws of economics and finance are irreparably broken (From prior to the 2008 crash), a deep recession and a market crash are inevitable, especially after the third biggest and second longest central bank-sponsored bull market in history. But guessing the cause is a tall order. It could be Chinese driven, it could be due to tightening Central bank policy, hell it could even be due to the rise of populism.
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Posted 1/27/18 , edited 1/31/18
Cryptocurrency IMO is the next bubble to burst. How serious the knock-on effects will be I cannot say. Every Tom Dick and Harry is having his very own ICO right now and lots of fools are investing borrowed money without even knowing how it works.
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Posted 1/28/18
Agree with loremipsumdolor. The ironic thing about the recent cryptomarket activity is that it has caused ridiculous instability in worth and massive increases in transaction fees; this in turn has made dealing in cryptocurrencies less than ideal (with companies like Microsoft and Steam no longer supporting them). Cryptocurrencies are too useful a technology to die out, but I foresee many of these recent investors loosing out in the near future as prices drop and stabilise.
Jski 
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Posted 1/28/18
Food i think food may be the next real crash not going down in price but become to much to live off of. You could make the argument that the last crash was not a real one because you still had for the most part ppl still able to feed them self. A real crash would be famine not just losing your home or job.

There a strong move away from farming and farm lands are become use for making fuel or homes. There even the long turn problem of using chemical base fertilizers.

A real crash is dust bowl of the mid west usa. Where economic pressures pushed high production of goods to the point of over use and by doing so depleting the ability of production potential.

Well that how i tend to see things.
Posted 1/28/18
The future
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27 / M / Leanbox, Gameindu...
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Posted 1/28/18
Cryptocurrencies. There are way too many of them competing with one another, I predict a crash that will wipe out a good chunk of them, the market just has way too many competitors to be sustainable atm.
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Posted 1/28/18 , edited 1/28/18
I do agree that the auto industry is going to run into trouble- or- in fact, it ALREADY HAS if you recall what happened to it in 2009-2011. But I don't quite agree that it will be as bad as you are thinking. Because of two things: the Self-driving car thing, and the electric car. Anyone who thought the auto industry gave-a-fuck about whether we were buying gas powered cars or not was full of BS. The car industry doesn't care what type of cars we buy AS LONG AS WE BUY CARS and as long as they're profitable. And if you look at the absurd prices they charge for a Prius, a Nissan Leaf or an explosive Tesla 85... electrics are much more profitable than, like a Ford Focus. They clearly have a lock on the market- just look around America and you can see how totally dominant the car is, for us to even be considering something as stupid and DISASTER-INSURING as a "self-driving car". Any society with some sense would never consider it. We have had self-driving cars for a hundred years- they're called ELECTRIC TRAINS!!!!!! And do we have trains in 'Murica? No- because everything is built around cars, roads, highways, and car-ownership. "Gas Prices" are one of the leading prices watched in this country. Do I see that younger folks are buying fewer cars? Yes- but that won't last. They're not buying cars for two reasons: number one- they're too expensive (a function of their popularity) and millenials are too lazy to get a good enough job to pay for one. Eventually they'll move out of mom and dad's house (when they're 36) and mom & dad will buy them a nice car. It's already happening.

What I think the crash will be in is banking/construction. These two things are tied together, because one cannot work without the other. Andthat's what caused the crash of 2008 anyway. Construction is going at an absurd pace right now- and if you look at what's being built- it's CHEAP tatty, utterly garbage cheap-ass wood construction. Even 10 storey apartment buildings are being built in cheap timber frame. What this means is that the houses being built are NOT worth the prices they're selling for- which are high due to demand alone (there was such a collapse in the market and so little being built for 10 years that there's an overhyped latent-demand going on) And over-priced products tend to depreciate. When it depreciates so rapidly that it outpaces the speed at which you pay the mortage back, you have what's called 'upside-down' payments. And nothing depreciates faster and more completely as a wooden apartment building. Oh boy. You just watch.
So, the houses are practically worthless, the prices are too high, the banks are financing everything at high rates- this is all a recipe for a utter ruin, at some point. When and where will be determined; but as for the What- there is no question.
Humms 
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Posted 1/28/18
meh....

honestly I have no idea, it could be anything at this point. People are cutting soo many corners, finding any possible loophole to screw people over.

I mean if something does crash now, the worlds got bigger problems; lets be honest

I wish I can just not talk about most of this stupid shit, but thats not how the world works, its not some fantasy world, sometimes I wish it was, because I'm just so tired of it. -_-

Like in a way where im just annoyed, not the " Oh i cant live in this world anymore" dramatic nonesense.

Prices go up, people get upset, move on and have your predictions ready, because I feel so bad for the next generation, they are in for a rude awakening.
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Posted 1/28/18 , edited 1/28/18
with all this chaos of self driving cars... but I find it's going to be either "green energy" to take a hit or housing again. typically it's either housing or banking, but since the bank owns, literally a lot, probably going to lump it all up to the bank. there's always a rise and fall in economics, the stock market is a dangerous thing to play in sometimes, but you can make a lot of money and lose more than you've invested within seconds. but, yes, history shows us, there were great stocks then a horrible black Tuesday came, then, later in life black Wednesday came. so, yes, if one country falls or failing it can cause the stock market to sway as well, so, it's not always what's happening in one set country, it could be a global situation as well.
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