A crisis in the making?

I don't have any statistics to back this up, but it appears to me that a Financial Crisis will follow after a new Fed Chief has been appointed.

The nearest example would be when Bernanke took over from Greenspan in 2006. And, we witnessed the Financial Crisis of 2007-2008 after the collapse of Lehman Brothers.

Alan Greenspan was the Fed Chairman from 1987 and 2006. And, we saw the 1987 'Black Monday' Stock Market Crash and the burst of the Dot-Com Bubble in 2000.

Why do we see so many financial crises within a relatively short span of time? And, they occur after a new person takes over the Chairman(woman)ship of the Fed?

The 1st reason is clear.

The US of A just can't pay back its debts and it needs to create these financial crises to make the whole world continue to use the USD as the preferred currency of trades and as a Reserve Currency. However, this situation (of the USD remaining the preferred currency of trades and a Reserve Currency) may change sooner than later in my opinion.

The 2nd reason and an obvious one?

It's simple.

If there is no Financial Crisis, there is nothing for the new Fed Chief to do, period.

You may think that the 2nd reason that I have stated sounds stupid and funny, but it's the truth!!!

So, mark my words, WE WILL DEFINITELY SEE ANOTHER FINANCIAL CRISIS!!! (and quite soon...probably within 2 years after Janet Yellen becomes the new Fed Chief)



Further note:

I forgot to add that there was also a 1997 Asian Financial Crisis.

During that time, if I remember correctly, the US Equities Markets continued to surge, leading to the 2000 Dot-Com Bubble.

To me, The 1997 Asian Financial Crisis was created to teach the Emerging Markets a lesson, i.e., "you better listen to the Big Brother", and 'to force' the whole world to continue to use the USD...after-all, the US of A was the only pillar of support for the World Economy and the only Savior for the Emerging Markets (remember the IMF?).