property, stocks no crash at all, page-4

  1. 13,176 Posts.
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    One reason hitched - oil!
    Consumers in the largest affluent economies of the world have a growing fuel bill both in terms of what they put intheir car and the energy costs of producing everything they consume.

    The US dollar is a problem for the US govt because of it is increasing the amount they pay for their massive oil importing bill which accounts for a significant percentage of its current account deficit which simply cant continue to blow out forever.

    There is a crash/correction very near IMO. Even my beloved uranium stocks will not be immune. People say there is a uranium bubble forming, but I like to think of it as a stockmarket bubble and housing will be included. People will be more and more wary of committing to increasingly expensive lifelong housing debts if fuel prices continue to increase and the global economy heads for an oil induced coma.
 
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