We investors are always trying to figure out what and when the next bubble and crash will be. If we guess correctly, we will have an edge, because we’ll be prepared to scoop up a lot of assets at a much lower price.
Although I foresaw a big market crash in the next 2/3 years, I think that the fact that Mr. Trump was elected president of the US will change this quite a bit. I believe that markets will actually start to go up, the American economy will recover and the European economies will simply follow the pattern.
But what will cause the next crash? If you know about economy, you know that crashes are inevitable, because the economy works in cycles. And my gut has been telling me that the current markets are too high to be sustainable.
But what exactly will cause the crash? My answer may be a little bit out of the box. I believe that the next big bubble will be higher education. Let us take a look at the facts. So first, let us recall recent history: