Stock market crash: Path to economic depression and 80% S&P 500 plunge - Business Insider

"We have debt beyond anything we can ever manage," Hunter said. "When you get these surprises, that leverage really exacerbates whatever downturn you get."

"You look at where we are today, and you can become pretty dire about coming out of this," he said. "I think this is the front edge of that bust." He continued: "We will have some sort of a 'V' recovery for a quarter, maybe two, because of all this money — but ultimately, it's all one bust." Unfortunately, Hunter thinks the market's stimulus-induced exuberance will be exhausted in the later portion of the year as participants realize the money printer isn't the panacea that had hoped it'd be.

Predicting and being ready is different things.

Well. You know what they say about opinions

Buy the coin of Bit

No way 80%. It might not even touch the lows of March. Nibble at risk on assets. Place 1% order and then average down by 1% for new lows. Make sure company has good balance sheet with high cash in hand to debt

Nice to see a news company spreading more fear

Would be helpful if we also knew this 'market vet's' track record predicting previous depressions and recessions

That’s a bit much!

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