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Is it time to predict the next crash yet? (insert shrug emote)
People love to speculate.
What's the new fall color? Who's the new "it" person? It girl. It guy. It singer? OK, we're less interested in the I.T. guy. (I know this. I've been one.)
We speculate on taste, trends and we really love to predict the next financial disaster. Don't believe me? Google these things. Or don't. I've done it for you.
 
"When is the next recession?" 57,000,000 results
 
"When is the next housing crash?" 67,700,000 results
 
"When is the next financial crash?" 174,000,000 results
 
That's millions of results. Not 57 or 67 or 174 people posting a million times each.
So if we're so interested in the topic, let's try to set some rationale regarding this fascination.
1) We've been doing so well for so long that it just seems like the low has to follow the high. Let's take a look at stocks. The bull market is nine years old. This is a record. If what goes up must come down, it has to come down. And it sort of has. A little bit (percentage wise). Still, you'll find quite a few people who say we're on borrowed time and quite a few others who will disagree.
2) Home prices have been going up up and away. But some may wonder if, ... more

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