Discussion over at the CMF forums often includes comments about people wishing for significant market corrections, but would any of us be able to pull the trigger if such an event (fear
of total economic collapse) occurred again?
When the Fit arrived here as a 2007 model year, we were on the brink
of total economic collapse.
I believe (as do a growing number of economists) that we are on a tipping point and literally staring into the abyss
of total economic collapse.
Not exact matches
Likewise, investors might have believed that the extraordinarily elevated market valuations
of 1929 and 2000 were «justified» by the recent
economic prosperity, but that did nothing to prevent the market
collapses that completed those cycles, with over a decade
of negative
total returns for the S&P 500 in both cases.
Hedge funds are also joining the lending effort to fill the void left by traditional lenders, aiming to prevent a
total collapse of economic structure in the United States and around the world.
However, the interconnectedness
of stock markets and financial systems around the world is now so great that, were such a no - return crash to occur, it would probably be accompanied by the
total collapse of the whole
economic system.