Originally Posted by
ejpogo
Seems like every 8-10 years there is a correction/recession of some sort. Whether it is dot.com bubble, real estate bubble, oil/global bubble (or whatever this turns out to be/bubble), the US and world economy will adapt and absorb this. Bad time to retire right now (if you are not diversified). Hopefully just a bear market (or just a correction) vs a worldwide recession. Amazing how so many things work together in this global economy; however, as history has shown (and hopefully repeats itself), this will be a correction/recession and will continue with a general growth trend when you take a long-term outlook.
This happens once every decade. Will probably get a little worse, and then work itself out.
I agree with most of this but the wild card is the unprecedented Trillions of dollars printed in the last 7 years.
You can't conjure up this amount of money without eventual consequence.