Monthly observations June 2019: what signs of collapse do you see in your region?

submitted by happysmash27[M] from self.collapse

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[–]magnora7 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (2 children)

The stock market isn't going up anymore as it has endlessly since 2009. That means it will crash soon, given previous patterns. The US financial markets now are just as bad out of whack as they were in 2007. A stock market collapse, followed by an economic collapse, doesn't seem far behind...

[–]Zombi 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Watch that housing market. It's already taking a huge hit.

[–]Tom_Bombadil 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

The baby boomers are retired. It's time for them to downsize.

Smaller families with less income are starting today.

The housing boom is over.