9/19/2018 – A mixed day with the Dow Jones up 158 points (+0.61%) and the Nasdaq down 6 points (-0.08%)
The stock market finds itself at an important, if not difficult, juncture. And while most heavily leveraged bulls see at least a 20% melt up, some bears are calling for an outright crash. No need to guess about what happens next. If you would like to find out what the stock market will do next, based on our timing and mathematical work, in both price and time, please Click Here.
Even the worst of the bears don’t think much of anything will come out of today’s economic imbalances. Maybe a stock market collapse here or there, a recession, but that’s about it.
At the same time consider the following……
Destroying America: It Is Being Projected That The U.S. National Debt Will Hit 99 Trillion Dollars By 2048
Temporary prosperity that is created by exploding levels of debt is not actually prosperity at all. At this moment, the U.S. government is 21.4 trillion dollars in debt, and we have been adding an average of more than a trillion dollars a year to that debt since 2009. And if we stay on the path that we are currently on, the trajectory of our debt will soon accelerate dramatically. In fact, as you will see below, the Congressional Budget Office is now projecting that the U.S. national debt will reach 99 trillion dollars by 2048 if nothing changes. Congressional Budget Office projections always tend to be overly optimistic, and so the reality will probably be much worse than that. Of course we will never actually see the day when our national debt reaches 99 trillion dollars. Our government (and our entire society along with it) will collapse long before we ever get to that point. In our endless greed, we are literally destroying America, and emergency action must be taken immediately if we are to survive.
Debt always makes things seem better in the short-term, and it is always destructive in the long-term.
When we go into debt as a nation, we are literally stealing from the bright future that our children and our grandchildren were supposed to have. Through the first 11 months of this fiscal year, the official U.S. budget deficit was $895,000,000,000, which means that we continue to steal more than 100 million dollars from future generations of Americans every single hour of every single day.
The US cannot and will not repay its debt. Not at today’s levels, let alone soul crushing $99 Trillion expected by 2048. Throw in insane fiscal disorder we talked about a few days ago MUST WATCH: $21 Trillion Is ‘Missing’ – Accounting ‘Never Never Land’ – Crash Coming and we have a real problem on our hands.
Bulls and bears would argue that the inflation instituted by the FED will resolve or solve above mentioned imbalances. It is a long discussion, but I would suggest that a deflationary collapse, not an inflationary melt up, is in our future.
Either way, you cannot just get rid of this massive global debt and/or pretend its not there. Simply put, it will lead to a nuclear war between the superpowers.
That is to say, forget about a bear market that will wipe out 50% off of today’s valuations. Watch out for Putin’s nukes that will wipe everything and everyone out. To read our full report and to find out exactly when Click Here
For now, if you would like to find out what the stock market will do next, in both price and time, please Click Here
