Posted 12/24/2023, 1:56:00 PM
Economist Predicts Record-Breaking 2024 Market Crash, Worse Than Great Depression
- An economist has predicted the US will face the biggest economic crash in our lifetimes in 2024 due to overvalued markets and excessive stimulus spending
- He believes 2024 will see the S&P drop 86% and the NASDAQ drop 92%, bigger than the 1929 crash
- The catalyst will be the "everything bubble" created by artificial money printing and deficits since 2009
- An economic crisis could hurt Biden ahead of the 2024 election and have global impacts like decreasing the dollar's value
- The economist says this crash won't be a correction - stock levels may never recover to current highs again