Crash Quote by Marc Faber
“Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well into 2015 or even 2016. The worst economic trends due to demographics will hit between 2014 and 2019. The U.S. economy is likely to suffer a minor or major crash by early 2015 and another between late 2017 and late 2019 or early 2020 at the latest.”
About This Quote
Source Report: Economic Forecasts, 2014‑2016, Marc Faber, 2014
Predicts a series of economic slowdowns and crashes driven by demographic trends, with major impacts from 2014 to 2020.
In simple terms: Economic cycles may cause crashes due to demographics.
Prepare for volatility and diversify assets.
Themes
Mood
Type
When to use this quote
- investment planning
- policy making
- personal finance
- business strategy
Key Concepts
Questions to Reflect On
- How can you protect your portfolio against demographic-driven downturns?
- What indicators would signal a shift in the predicted cycle?
Predictions may be uncertain; external shocks can alter timelines.