You realize a massive market crash is coming soon? The quick sugar high from all the stinky $$$ will dry up soon, and then the market will crash. If that happens, expect it to be very cheap to buy a house and a used car when all the people who could barely afford their new car/house find themselves underwater, unemployed, and no longer receiving Covid stimulus checks.
But who knows, maybe the economy will just keep booming forever
They’ve been saying there’s a pending crash for the last five years. I’ve expected it too.
The only thing that happens is soon as the market gets skittish, the fed prints money. They seem to be so scared of a recession, or maybe, the poets that be are so leveraged up themselves, that they will do whatever it takes to prevent a crash.
My thought is, don’t be so leveraged that you’re the first to collapse when things go down. If things continue collapsing, the fed will step in and fix everybody still standing.
20 years of continuous growth in Australia, with economists predicting a bubble burst every year. I believe we've had 2 quarters over those 20 years that didn't see growth.
But who knows, maybe the economy will just keep booming forever