Please look at the graphic below which compares a period of time leading up to the 1929 Stock Market Crash, and recent market trends over the past few years. This information is circulating the Internet as a prediction that come this January the stock market will crash. Based on these trends Economic Collapse appears to be right around the corner. I have stared at those trends over and over again just wondering. Is this for real? How could something that happened decades ago actually repeat and happen again? I don’t have all the answers but I will be honest with you about something – I had no idea there was such a run up on the stock market back in 1929, just prior to the crash. Interesting. A few observations regarding the comparison:
- The run up in 1929 represented nearly a 100 percent gain in the market. This is far more than the current trend.
- The time frame represented between the two trend lines are different. This is not a big deal to me – things are different now than back then.
- I have been saying for the last two years that we have a false market. There is no viable reason why the market should be up as high as it is. No doubt that the run up just prior to the Crash in 1929 had a few saying something similar.
- The market, the economy, and the government is much more complicated now than back in 1929. Does this mean we are more susceptible to a crash or less?
Whether comparing these trends is just a waste of time or not doesn’t change the fact we exist in a false economy supported by a dollar that has declining value.
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