Final tweets before I take a long break from twitter.
Many analysts/traders are busy predicting dooms day scenarios, repeat of something similar to GD/GFC.
Here's what I think:-
1930s there was great depression.
1990s Japan topped out, yet to hit new highs.

Since the start of the 21st Europe is going through crisis and this is being reflected in the indices. 2008 was like final nail in the coffin and lead to major crisis in Spain and Italy. Germany is the only leading European index.
Here are a few charts:-

It's been only 12 years since a major crisis, GFC. Since then US and Asia have given great returns. Yes, GFC lead to a lot of money printing and even negative interest rates in some countries. Yes, this is unsustainable way of growth, you may even call it artificial.

So what's the solution for this? Answer is no one really knows. A even greater bubble might be created to avoid this bubble, who knows.
We surely need a reset and there are 2 ways
1) A long period of consolidation giving time
2) A big crash akin to destruction

Japan has already done nothing for 30 years and Europe for 20 years. Is this really the time for option 2? No one knows for certain, but, if I have to assign probability then I would put option 1 as high probability event. May be a few countries go through option 2.

European countries ruled the world 19th century, 20th century America became the world leader. I think now it's time for Asian countries to rise.
World has a beautiful way of correcting itself and history has witnessed many such power transitions.

All the transition phase lead to wars and so far there have been no wars in 21st century. You say this is a nuclear age so wars might not happen. I say wars will happen when ever there is a power struggle.
Nuclear weapons are like Brahmastra. It's not required to use them.

So what's the conclusion?
No one knows with certainty what the market is going to do? Everyone is just taking a guess as per their intellectual capacity. I personally lack the capacity to understand great depression like scenario.
Now is the time to think long term

and after every crisis comes prosperity.
Currently I am leaning towards option 1. I don't think there will be mass level financial destruction. I do think wars will happen as current peace is all artificial.

Japan looks like is headed for lot of growth and Europe needs to build some base first. US is a mystery as I think wars are going to happen.
I am highly bullish on India.
Lastly, if you are investor then you are better off buying blood and a trader should trade price.

I'll revisit this thread in 2030 and check if my thinking right or wrong.