Re:Show HN: Is the stock market going to crash?
by matt-attack on Monday August 07, 2017 @11:00AM
(#14947949)
But while the household debt is huge, isn't it naturally balanced by the equally massive collateral the banks have in the houses themselves? I mean, sure Joe America has a $500k mortgage, but the bank has first position on Joe's house which is worth $675k.
Re:Show HN: Is the stock market going to crash?
by tveita on Monday August 07, 2017 @11:19AM
(#14948133)
> first position on Joe's house which is worth $675k
Only in a healthy housing market. In an economic downturn where a lot of people are defaulting, the bank will not be able to sell the house for anywhere near that price.
Re:Show HN: Is the stock market going to crash?
by truffle_pig on Monday August 07, 2017 @10:53AM
(#14947881)
This is a great idea. Might implement some kind of timeline that you can scroll through.
> U.S economic risk as of ...
With the click of a button, may be also allow a view of where it was at a point in history...? i.e. U.S economic risk as of [insert point in history]
Great work so far. Simple and usable.