>>20750367why so defensive mumu?
I said a recession is likely soon, not some le epic meme crash / the west has fallen / SPY to zero
long term, index investing will likely stay successful
but the government can't magically make the business cycle go away
cyclical recessions and reversions to the mean will happen
far too many are complacent with aggressive investments/leverage/speculation/etc and are not hedged at all, because all they've ever known is ZIRP, charge they phone, and line go up
>The housing market has been in ultra-downs-syndrome-retard-strength mode for almost a decade with no end in sight.>dude it's been going up so must continue to, right?in nominal terms maybe, because inflation hits everything
but in real terms? why?
population (demand) is flatlining
ZIRP has already been used - the free ride of steadily lowering interest rates of the past 50 years is close to running its course
land can be argued as appreciating, but property should not
