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Lv 6
? asked in Business & FinancePersonal Finance · 7 years ago

"Follow the money"?

It seems that every stock market crash has been caused by the "inflation" of certain sectors of the economy. In 1987 we had the S&L, in 2000 all the money ran to the internet bubbles, then in 2007 we had the housing markets. Now that there is no safe haven for money, we have seen a tremendous run within the insurance products. The sad thing is they are touted as safe, yet they only carry the guarantee of "Full FAITH and Credit", I am not so sure that faith has a place in investements. To compound things, the current administration has place a tremendouse burden on the insurance companies to belive the U.S. govenment will stand behind this stupid decision to socialize medicine; 17 Trillion with poor credit and counting.

The POP! is coming, and the domino effect will be devistating.

2 Answers

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  • 7 years ago

    While youre reading books, have a look at Bob Beckmanns :

    1.The Downwave,

    2. Into The Upwave.............................

    How accurate that is............................................

  • 7 years ago

    Ding Dong- - - -TROLL-A-GRAM

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