In 1952, the motto of the US Democratic party was, “You never had it so good”. Well, have those times come around again? Following the rocky ride since the banking crisis of 2008, many world markets have recovered and indeed exceeded their previous heights. So, will history repeat itself? Will we witness further financial meltdowns like those seen in 1929 following the rampant runaway economics of the Roaring ’20s? Or, will there be another technology bubble, like that following the Dotcom boom of the 1990s? If bad things really do come in threes, are we waiting for the next financial crash to occur? It’s true, markets have recovered, but at a leisurely pace. There have been no real bubbles blow up to bursting point. In fact, the world economy is doing so well that one might justifiably ask, “Prime Rate crisis? What Prime Rate crisis?” The S&P 500 is higher, as are a multiple of earnings over the past 10 years. Canada and Australia have likewise shown good, solid growth, along with Europe even despite wild political instability. Other, newer markets, like cryptocurrencies, have also shown great fortitude. Even following a shock to the system when China banned the sale of cryptocurrencies via Initial Coin Offerings, the market sold off but bounced back a short time later. Naysayers must be getting tired of calling the top of the Bitcoin or Ethereum rallies, considering they keep on getting it wrong. The big worry is the status of the credit markets. With borrowing rates at historically low levels, the only direction for rates to go is up. The Fed has already tinkered with rate tightening, raising rates twice in 2017. A significant concern is international investors’ willingness to buy bonds in countries like Egypt and Iraq – something they would never have done 10 years ago. However, emerging markets have also shown real growth over the past eight years making the assets of those countries increasingly attractive. One other apprehension is that there is the growing population of grey foxes in the West. People are living longer, which means that their priorities lie in saving and less on spending. This is a problem that has beset Japan for decades. Politics could also upset economic stability. Fears over the future of the Korean peninsula or Europe could easily prompt currency collapse and future inflationary pressure. The key element is long-term interest rates, which have been falling since the 1980s. Providing these can be kept to manageable levels, then the risk of runaway asset prices will be kept in check. International governments must keep their credit levels low to support recovering world economies, and they should raise rates gradually to control any inflationary pressure. With a rise in global interest rates, quantitative easing could again be placed on the table as a method of stimulating economies. Adinah Brown Adinah Brown Adinah Brown is a professional writer who has worked in a wide range of industry settings, including corporate industry, government and non-government organizations. Within many of these positions, Adinah has provided skilled marketing and advertising services and is currently the Content Manager at Leverate.. View All Post By Adinah Brown Opinions share Read Next USD/JPY extends the fall – Forecast Nov. 27 – Dec. 1 2017 Yohay Elam 4 years In 1952, the motto of the US Democratic party was, "You never had it so good". Well, have those times come around again? Following the rocky ride since the banking crisis of 2008, many world markets have recovered and indeed exceeded their previous heights. So, will history repeat itself? Will we witness further financial meltdowns like those seen in 1929 following the rampant runaway economics of the Roaring '20s? Or, will there be another technology bubble, like that following the Dotcom boom of the 1990s? If bad things really do come in threes, are we waiting for the next financial… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.