Recently the intense discussion over the existence of coming depression has been ongoing in my head. I have seriously been trying to defeat a person inside of my brain who argues that an economic crash is incoming. I had to dispute the guy because of the following reasons. 1. All the governments and central banks are willing to stop depression from happening at all costs. 2. The massive economic collapse happened in 2008, just 11 years ago. In case you do not know, what happened in 2008 was said to be a once-in-a-century incident. Why would you think this kind of disaster would happen again with such a short interval.
However, I became pretty sure that we perhaps will experience a recession and possibly depression. Based on what has been happening within the latest three days, I am saying this.
The stock market in Japan was hyped by the announcement The European Central Bank made, which was pretty nice, but the problem is that the Japanese market does not have the power to increase its value. Considering this, I am now pretty sure that soon we will face a large depression, and from now on, I regard a future increase in Stock prices as a bubble.
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