Front Ranger Posted April 25, 2022 Report Share Posted April 25, 2022 A lot of very smart people think that we're heading rapidly into an economic downturn, and some believe it could be pretty severe. The stock market is already down over 10% this year, and some believe it has a long way to go down. The housing market has seen record appreciation the past couple years, and now with rising interest rates homes have reached the upper levels of historic unaffordability. A lot of signals point to cooling and potentially a crash by end of the year. With the mix of high inflation and rising interest rates in a highly leveraged environment, I think there it's very likely we're in for a rough ride overall economically the next couple years. A recession at minimum. Thoughts? 1 Quote A forum for the end of the world. Link to comment Share on other sites More sharing options...
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