Problem with picking years for when things will happen is the...

Problem with picking years for when things will happen is the bulls will then think they are right if it doesnt happen in that year. The truth is while you can spot a bubble, it is impossible to predict when it will burst or when the peak will be, you can just point out that it is over valued and it will drop at some point.

But between then and now you dont know what the government will do, or what other things could happen to delay it further. But while people are borrowing more and more, there is less and less money floating back in the economy from wages - eventually it will break itself.

Thats why i think its safer to look long term, because once this bubble bursts, it is too big to be re inflated to this level again in our life time.. and it has been a slow journey with this current cycle approaching 20 years now, the longest on record..