How High Will The Market Rally Before The Economic Collapse Begins?
By: Avi Gilburt
GoldSeek.com
Wednesday, 1 August 2018
Last week, I wrote an article about how I view the potential effects of an economic collapse on American society. Unfortunately, many of our readers took it as an opportunity to post their perspectives on Trump and the democrats.
Yes, I know the country is exceptionally divided. However, I brought this issue to light not because I see one party as being the savior for this country over the other. Rather, I brought this issue to light to show you that we are on a path of history repeating itself, as we have forgotten the lessons learned from the pain of the past.
We all have to recognize that the United States took a big step down that slippery slope of socialism with the passage of The New Deal. Since then, it does not matter which party has been in power, as we have extended those socialistic policies when the masses thought it was “needed.” Thus, each generation since The New Deal has seen expanding socialistic policies. While you can argue whether you approve or disapprove of this progression, to ignore that we are on this path is foolish.
Moreover, the reaction to the financial market shock experienced during the Great Recession has shown us that our government is willing to go further down the path of socialistic policies. So, I really do not have much doubt in my mind that this will be the go-to answer when we get into bigger trouble in the 2030’s no matter who is in power.
But, I digress. The main point of this update is a follow up on my last article to explain the potential that the market still has overhead before we top out in the coming years.
The Rest…HERE
