Economic

Depression?

This two year old graph highlights the growing difficulty for young people to strike out on their own all due to the massive mismanagement – or purposely conspired – economy.  With our latest burst of inflation I wouldn’t be surprised if the numbers will exceed the levels set in 1940 pushing this statistic into the Great Depression era of the 1930’s!

When will this massive debt driven asset(s) bubble burst.  Unknown however it is now the closest I’ve seen to bursting in the past three plus years.  When it does burst the top 9% of our populous will be in for a rude awakening if they think the same old rules apply – i.e. buy the dips, successful Fed intervention etc. – holding massively overvalued assets all the way to the basement only to sell out creating the ultimate secular bottom years from now.