Is the market in a bubble situation? Is the market about ready to collapse?
Some people say that they're waiting for the market to collapse.
Well, that's not going to happen.
Here's the number one reason why:
When we look at the last market collapse that we had, which was 2008 and is still fresh in everybody's memory, it was caused by credit running amuck.
Credit was being given to people that shouldn't have been able to get a loan. In other words, there was a credit issue there.
People were getting liar loans and no doc loans. So the credit markets were out of control. They were bundling these junk mortgages and selling them on the stock market as derivatives. When that collapsed, it caused Lehman brothers and all these others to start collapsing, which caused the massive 2008 collapse in the marketplace.
Are we in that same situation today?
Absolutely not! Nothing compares to that.
In fact, right now, we have is super strict...
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