Is an economic/market crash happening or about to happen?

[Virtual ghost]

Due to Italy they are already downgrading my local GDP growth estimates, with hopes that it doesn't get too bad. Plus our summer time tourism is about 20% of national GDP and if this situation doesn't clear by summer there will be "problems".


Although it would be kinda "funny" that the situation in Italy removes our large trade deficit with them. You can really play this in Machiavellian way.

 

[á´…eparted]

Maybe the globe will start to see from this that constant growth isn't sustainable or possible and, you know, *shouldn't* be the point or goal?

 

[Amberiat]

One of the major potential problems that are a direct result of the disproportionate panic that's being spread around.

It only makes one wonder who could, and who's looking to benefit from this.

 

[Maou]

The Oil Market crash is the result of Russia, and Corona just helped it. It will come back when people stop shitting their pants over nothing.

Now is totally time to invest in oil though.

 

[highlander]

The Oil Market crash is the result of Russia, and Corona just helped it. It will come back when people stop shitting their pants over nothing. Now is totally time to invest in oil though.

PE ratios are still very high compared to historical norms and profits are going to go down as a result of this virus. The market could go down by 40% and be equivalent to historical mean/median.

 

[Virtual ghost]

Oil prices collapse with biggest drop since 1991 Gulf War


The games have already started. However if Russia manages to destabilize oil production in US and Saudi Arabia on the long run that will be a big win for them.

 

[ceecee]

1.5 Trillion to artificially inflate the market, yet again. I've posted this half a dozen times but ..... Mitch McConnell said nope not even gonna talk about emergency measures for you know, the people that create all this wealth or anything. He's going to take a 3 day weekend.