To me, there are too many variables that could cause a major plummet to predict. So many threads that holding it together and it'll only take one to make the cards drop.
OPEC isn't helping with their slowing of oil production.
Threat of nuclear/biological war from Russia.
Threat of nuclear war & most likely biological from China over Taiwan.
The continued printing of money.
Interest increases to fight inflation.
Another terrorist attack due to our open border.
Housing market crash due to corporate investing in rentals.
The continued use of our oil reserves to lower fuel costs when an emergency/war might actually come.
Political agenda's with absurd amounts of money being spent on BS ideas.
Biden being replaced by Kamala after a mental collapse & her taking charge.
Major foreign bank or banks collapsing causing another world financial collapse.
North Korea accidentally starting a war with Japan after a failed missile test lands on their island.
Food shortages due to the lack of fertilizers.
The American dollar no longer being the world's standard currency.
It could be any one of these or some combination to do us in with a real collapse. But I'm positive there are plenty other issues that could come up that would tip the world over the edge. Either way it'll hurt us for a long time. We'll be lucky if it's a slow spiral rather than a fast one.
To me, it's not a real depression unless you're picking dandelion leaves out of your yard to feed your family. Any of these so called "depression's" in the last 40 years will look like a crappy Christmas compared to how bad it can actually get.
OPEC isn't helping with their slowing of oil production.
Threat of nuclear/biological war from Russia.
Threat of nuclear war & most likely biological from China over Taiwan.
The continued printing of money.
Interest increases to fight inflation.
Another terrorist attack due to our open border.
Housing market crash due to corporate investing in rentals.
The continued use of our oil reserves to lower fuel costs when an emergency/war might actually come.
Political agenda's with absurd amounts of money being spent on BS ideas.
Biden being replaced by Kamala after a mental collapse & her taking charge.
Major foreign bank or banks collapsing causing another world financial collapse.
North Korea accidentally starting a war with Japan after a failed missile test lands on their island.
Food shortages due to the lack of fertilizers.
The American dollar no longer being the world's standard currency.
It could be any one of these or some combination to do us in with a real collapse. But I'm positive there are plenty other issues that could come up that would tip the world over the edge. Either way it'll hurt us for a long time. We'll be lucky if it's a slow spiral rather than a fast one.
To me, it's not a real depression unless you're picking dandelion leaves out of your yard to feed your family. Any of these so called "depression's" in the last 40 years will look like a crappy Christmas compared to how bad it can actually get.