We have had a bull market since the financial crisis of 2008. Unemployment numbers are pretty low and the stock market has hit all-time highs in the US. Europe, however, has not been as strong as the US and that is causing concerns for the German Finance minister, Wolfgang Schaeuble. As he said in https://www.cnbc.com/2017/10/09/global-financial-…. "Economists all over the world are concerned about the increased risks arising from the accumulation of more and more liquidity and the growth of public and private debt ... I myself am concerned about this, too," he said" The global economy might be on the brink of another recession. There have been others to agree with him.
The economy has in the Eurozone has not been as strong as people would want it to be. Will this be an issue and cause another recession or will we continue to be bullish? Is the current situation that we are in now reminds you how the economy was just before the last financial crisis?
Im thinking maybe the student loan bubble. Not has big as housing but there are lots of adults still paying loans in there late 30s, with an average salary, kids and a mortgage.
Europe is no more. They are held down by its weakest link and its only solution according to Macron is to get more bureaucratic and add more countries to the eu. The eu would collapse if not for the ransom payments of us tech and brexit fees.
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