It’s been two years since the 2017 stock market crash, and people are still wondering about the 2022 stock market crash. The fact of the matter is that nobody knows anything about it. Economists can’t tell you when it will happen, or why it will happen, or even what will cause it to happen (at least not officially). For this reason, most people are continuing to wonder if there really will be a stock market crash in 2022 – but in my opinion, there’s no question at all.
Why We Didn’t See it Coming
On November 13th, 2021, Tesla had their IPO. They were one of many newly-formed stocks poised to usher in a new era of green technology. And so when Elon Musk unveiled Tesla’s designs for a solar roof and electric cars that could go 350 miles on one charge and reach 60 mph in 3 seconds, he looked like the inventor of tomorrow. He was changing our world for the better.
But at some point between now and then, it all started to come undone.
The World Economic Forum reported that in 2022, a decade after 2020’s Wall Street Meltdown, a second global financial crisis led to stock market crashes in Shanghai and Hong Kong. Global trade plunged. China’s growth fell from around 8% to 3%. As happened during the Great Depression, industry overcapacity dragged down prices in nearly every sector of the economy: construction went from half-built towers to ghost towns; commodities such as metals and timber plummeted; oil tanked.
Tips For Coping
If you were planning on retiring in the next two years, then I’m sorry to be the bearer of bad news. For those who don’t already know, America will experience a financial collapse and stocks will crash by 50% in 2022. As we all try to make sense of what’s happening with our 401Ks, there are a few things that we can do to protect ourselves from this unfortunate event. The first thing that you need to do is save more money now! Even if it’s just $10 extra per paycheck or month, every dollar counts. Secondly, as difficult as it may seem right now, start putting your savings into gold or something else other than stocks.
What Do Experts Say?
Experts agree that the stock market will crash sometime in 2022. They are not sure when, but with advancements in artificial intelligence and machine learning that run algorithms for stocks to do their job, it’s likely only a matter of time before these algorithms start to collude with one another. Once this happens, it’ll create a domino effect where stock prices go crazy and lead to a complete financial collapse. The World Bank estimates that there will be economic losses between $600 billion and $3 trillion.
A simple Facebook search is enough to uncover articles talking about how imminent the Stock Market Crash of 2022 is. Yet for those who haven’t been monitoring the stock market and its downward trend, this forecast might come as a surprise. Experts are in agreement that there are four factors that could lead to the market’s collapse: a decline in corporations’ net income, fewer buyers on Wall Street, weak personal income growth and volatile returns on investments.