The Economic Collapse Soon?

It did fucking happen
I saw how my job dissolved into nothing, the workshop I worked in went from having to fix at least a truck a day to fixing at most one each week.

Ok so shadow inventory is just bank owned foreclosed properties.
Banks will own properties and keep them on their books holding on to them until they think market is at peak so they can get top dollar. When there is no shadow inventory it’s a bad thing because that means banks have decided the market is at its peak. So, if there is a lot of shadow inventory that’s good because it means the real estate market will continue to grow which means the economy is still strong, in their eyes.

All it takes is for the banks to be put under pressure (like they where in '08 until they where bailed out) for those millions of houses to be back on the market. If that happens then all housing prices will plummet. That's why I said it's a chain reaction. Too much tension in one area and the whole house of cards will come down.

There are a least 6 "why the economy is about to crash" articles on Zerohedge daily. Doom porn.

I go there for the comments… same theme as /pol, mostly. Which I always admire.

On the bright side if the housing market crashes then you can buy up quality houses for cheap - assuming your stock portfolio doesn’t tank with it and you don’t lose your job.

So true. They just overprice everything, from what I can tell. Harris Teeter does the same thing. Forces the lower-tier shoppers back to WalMart and Food Lion.

Just a theory.

So do you think the economy will just keep on rising until Donald Trump is done being president?

not likely

it is more likely he will get hoover'ed before the 2020 election.

market crash blamed on trump.

one term trump.

If the housing market crashes again and the Fed can't print it's way out, then losing your job is the least of your concerns.

Attached: gib milkers.jpg (1000x866, 70.09K)