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Old 11-25-2020, 06:05 PM   #1248
Mayo
Crash and Bang Winger
 
Join Date: Oct 2012
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Quote:
Originally Posted by jayswin View Post
And in that same vein I strongly feel the market is going to be "looking ahead 6 months" sometime in the next 10-20 years where everything is seriously crashing and millions lose a huge chunk of their life savings because the ways of the West are crumbling, as the market goes with it and fails to recover like it always has. But that is likely a little myopic for the spirit of the thread and what we can possibly know.

But I definitely fear there will be a time with automation and erosion of Western dominance where a bunch of us younger people see a correction in our way of life and along with it a correction in the market that doesn't recover.
If the Western economies run into major trouble sometime in the future then with the way our monetary policy is currently focused (print print print) I think you will want you money in the market for the ride or else you will lose everything via hyperinflation.

Argentina's main index is up ~500% since 2016
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