Initially we thought the big crash would hit 2016. But an interesting new indicator – the SF Housing Price Index from Case Schiller – has successfully predicted several crashes. And it’s pointed on 2015.
Next we can take a look at post recession job growth by nation. Hmmm, USA not doing so hot. What they aren’t telling you is we never came out of the last downturn. There never was job creation, only liquidity pump by the fed to benefit large corps and the rich. It’s 2001 still … for the working stiff. And has been for fourteen long years. To have things get worse at this point would immediately cause everyone to chop their own heads off.