Foto

Stock market’s eerie parallels to September 2007 should raise recession fears

My biggest fear is a crash that takes 10 to 20 years to recover because of the $22 trillion dollar national debt. Japan borrowed too much money and their stock market has not recovered after 25 years. We seeing something similar in Europe. Our leaders refused to raise taxes like they did to pay WW2 debt which resulted in prosperity . A 10 to 20 years recovery time after a crash will destroy people's retirement plans. Not me. I am 100% treasuries since a +2% return is better than waiting 10 to 20 years to recover from a -50% crash.