with the worldwide stock markets faltering big time, and with slow september around the corner, the bubble might be about to pop. eknme figured that the u.s. stock markets couldn’t sustain its growth for long. the chinese stock market had already begun its freefall.  the greece economy is in its infant recovery as it tries to claw out of its bankruptcy situation.  with both the european and asian stock markets in decline, as well as ours, it’s a matter of time before the bubble bursts.

who will the casualties be this time?  the housing market has already experienced its bubble popping, and it is recovering now.  it’s certainly not time for the dot-com bubble to burst — quite yet.  eventually, that time will come as the market will stabilize itself on that front. rising stars like uber will have their day, and established stars like netflix will soon fall. the u.s. job loss was reported recently at 277,000 vs. the 272,000 that they predicted so the situation is getting dire. with inflation and devaluation of currency, worldwide standard of living is going to take a significant hit first.  eknme fears that we as a whole will go into another recession and quite possibly into a depression.  once asian manufacturing takes a plunge, the u.s. economy will take a plunge too.

now to our morning coffee…