The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 38,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Registration at the forum removes this block.

The coming recession

Anything related to investing, including crypto

CPisHere

Silver Contributor
LEGACY MEMBER
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
111%
Sep 17, 2011
750
829
Louisiana
The stock market's current levels are crazy high, and we're already past-due, historically, for a recession. It is obvious to me that this bubble will pop and we will have a very large correction in the next few years (if I had to guess I'd say 2019 or 2020). What's not apparent yet is "the needle" / what mechanism will cause this to happen.

Student loan debt looks like one potential piece of the puzzle. But the implications for the economy of it caving in on itself are unclear.

I believe this will be much worse than "the great recession" of 2008 since asset values will fall from much higher peaks. And given President Trump's un-orthodoxy, it's tough to say what the political response will be.

How do you prepare? What can you do to protect yourself? Are you "anti-Fragile"?

If you were in business in 2008, how did it affect you? How long did it take to rebound? What did you learn from it? Were there any good threads on this forum from the time?
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Scot

Salad Dressing Empire
EPIC CONTRIBUTOR
LEGACY MEMBER
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
473%
Jul 10, 2016
2,974
14,056
Florida
I know there are cycles, but I dont really see anything that is bubbling right now. The market is high in some aspects, but not all. 2008 was due to real estate being over inflated.

What parts of our economy are the bubble right now?
 

CPisHere

Silver Contributor
LEGACY MEMBER
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
111%
Sep 17, 2011
750
829
Louisiana
I know there are cycles, but I dont really see anything that is bubbling right now. The market is high in some aspects, but not all. 2008 was due to real estate being over inflated.

What parts of our economy are the bubble right now?
The 2008 recession was caused by defaults on mortgages (the "needle"), exposing real estate as over-inflated (the bubble) but then crashed the entire economy.

Today, the stock market itself is a bubble. P/E ratios are WAY higher today than they were before the 2008 recession. Real Estate could be a bubble too, but if so it's not as large as it was in 2008.

The Fed pumping tons of money into the economy has caused financial firms to leverage themselves insanely high - mostly into the stock market.
 

Become a Fastlane Member Today to Read More or Comment.

This thread has
95
more posts!

Join MJ DeMarco's Inner Circle and Rub Shoulders with Other Millionaire Entrepreneurs

Imagine a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been the driving force of Fastlane, contributing on over 99% of days—99.92% to be exact! With over 38,000 posts game-changing posts, he's dedicated to helping entrepreneurs achieve freedom. Join 90,000+ members and access a vast library of 1,000,000+ posts from entrepreneurs worldwide.

Fastlane isn’t just another community led by an absent guru. By joining, you enter MJ’s inner circle—a supportive home where you’re never alone. Embrace true mentorship and transform your entrepreneurial journey with the Fastlane Forum.

Basic Membership (Monthly)

  • Read all threads in the main forums/categories.
  • Post comments in existing topics.
  • React to any comment/post.
  • Post new topics/threads.
  • Sort big threads by best posts.
  • Cancel anytime

$5 per month

Join Now

Basic Membership (Yearly)

  • Save 22% vs monthly
  • Read all threads in the main forums/categories.
  • Post comments in existing topics.
  • React to any comment/post.
  • Post new topics/threads.
  • Sort big threads by best posts.
  • 30% Off a Yearly GoalSumo.com Subscription
  • Cancel anytime

$47 per year

Join Now

VIP Insider Membership

  • Same as basic plus...
  • Guaranteed read and response from MJ DeMarco*
  • Access to the private Insider forum for more advanced users.
  • Bookmark any posts
  • No non-sponsor ads
  • 50% Off a Yearly GoalSumo.com Subscription ($34 Value)

$119.88 per year

Join Now

* If you post any question or problem within the INSIDER forum, this guarantees MJ will read and respond to your post to the best of his ability at least one time. This guarantee does not imply a lifetime dialogue or a personal ongoing mentorship. Again, MJ has authored more than 38,000 responses at this forum since 2007.


Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top