The upheaval we've been through in the past few years as the private
debt bubble burst is only a preview of what's to come, concludes Mauldin, the president of Millennium Wave Advisors (writing here with an editor for an economic analysis firm).
How long before
the debt bubble bursts?
Not exact matches
Over the last few years, China's
debt - to - GDP has ballooned to more than 300 percent from 160 percent a decade ago, causing many people, including Chinese officials, to warn of a financial - sector
debt bubble that's waiting to
burst.
The
bubble will
burst, and when it does the people who thought they would be living the easy life of a landlord will soon find out that what they really signed up for is the hard servitude of
debt serfdom.»
I'd add a related wrinkle: when a dot.com
bubble bursts, it mops up more quickly because of the difference between «mark - to - market» in an equity
bubble and «extend - and - pretend» in a
debt - financed housing
bubble.
But after the
bubble burst on December 31, 1989, the mortgage
debts and stock that that Japanese banks held in their capital reserves fell short of the valuation needed to back their deposit liabilities.
According to NIA, after the dot - com
bubble had
burst, the NYSE margin
debt in nominal terms rose from its low of $ 130.21 billion in 2002 to a high of $ 381.37 billion in 2007 — that is a rise of 193 %.
From late 2002 onward, the
burst of the dot - com
bubble and high levels of mortgage
debt weakened the US dollar.
When the
bubble bursts, the scramble for profits can turn into a scramble for survival, as investors who borrowed to buy have to sell for whatever they can get to cover their
debts.
Hate to
burst the
bubble but shoddy deals mean they «technically» have no
debt.
The end of the first decade of the 21st Century has seen upheavals in home ownership, retirement savings and job security, with
bubbles (housing,
debt, sharemarket)
bursting around the globe.
And when the epub
bubble bursts, as all previous
bubbles have done, the fall - out for publishing and writing may be even harder to repair than it is proving to be in the fields of mortgages, derivatives and personal
debt.
If this recovery falters due to renewed weakness in Europe, the
debt bubble in China
bursting, or increased trade frictions, it will become increasingly challenging for markets to climb higher.
More than 200 years after the inception of our country and several wars, stock market crashes, powerful companies suffering from failed investments, rising unemployment rates, the famous
bursting of a tech
bubble and most recently the
bursting of a housing
bubble, federal
debt stands at $ 16.7 trillion.
Let's kind of break this down and for people who are new to this, he's referring to a podcast I did with Hilliard MacBeth who wrote the book, When the
Bubble Bursts Surviving the Canadian Real Estate Crash and that show number 89 of our
Debt Free in 30 podcast which was broadcast back in May of 2014.
The growth of student - loan amount looks very much like the increase of mortgage
debt before the housing
bubble burst.
We keep hearing those daunting news, the student loan
bubble is about to
burst, tuition prices are higher than ever, student loan
debt now surpasses credit card
debt, the U.S. currently holds over $ 1.2 TRILLION in collective student loan
debt....
With the housing market
bubble burst and deep recession of recent years, many of us have experienced first or second hand the real pain that comes with financial
debt.
The lower leverage and
debt overhang will not prevent a
bubble from
bursting, doesn't mean stock prices or home values can't slide and doesn't mean we shouldn't be concerned that some markets may be over-valued.
In the end, if you don't want your student loan
debt bubble to
burst, make sure you don't ignore your loan.
My question, then, is once the graduate school
bubble bursts and I'm left to repay my astronomical student loan
debt, what can I do?
A new Conference Board of Canada study says there's no housing
bubble about to
burst and maintains Canadian are having no trouble handling their
debt even as it sits close to record levels.
Banks marketed home equity lines of credit aggressively before the housing
bubble burst, and consumers were all too happy to use these loans like a cheaper version of credit card
debt, paying for vacations and cars.