Jump to content
House Price Crash Forum
Ted

Depression Ahead, Prepare For Stock Rout - Socgen

Recommended Posts

If your not scared yet, have a read of this.

http://www.tradingmarkets.com/.site/news/S...20News/2127605/

He predicted that the S&P 500 index of U.S. stocks could be set for a fall of nearly 70 percent from recent levels.

That is recently levels, what would that be from peak?

It is becoming clear that the Chinese economy is imploding and this raises the possibility of regime change. To prevent this, the authorities would likely devalue the yuan. A subsequent trade war could see a re-run of the Great Depression.
Edited by Ted

Share this post


Link to post
Share on other sites
Guest Steve Cook
A global trade war with China is at least preferable to the other sort of war.

Global trade wars always lead to the "other sort of war"

The "other sort of war" is merely a trade war by other means when warring by trade no longer achieves the desired objective.

Edited by Steve Cook

Share this post


Link to post
Share on other sites
Guest LongBlackKilt
Global trade wars always lead to the "other sort of war"

The "other sort of war" is merely a trade war by other means when warring by trade no longer achieves the desired objective.

Just as a matter of interest, what would 'regime change' mean in China?

Fallun Gong fundamentalism? :unsure:

Share this post


Link to post
Share on other sites
Global trade wars always lead to the "other sort of war"

The "other sort of war" is merely a trade war by other means when warring by trade no longer achieves the desired objective.

Couldn't we just have a game of football instead of killing each other?

Share this post


Link to post
Share on other sites

The problems that began in America will end in China. However we are well placed.

Share this post


Link to post
Share on other sites
Guest Steve Cook
Just as a matter of interest, what would 'regime change' mean in China?

Fallun Gong fundamentalism? :unsure:

I am no lover of the Chinese administration, but I would rather their brutish form of rationalism that the religious loony-tunes that a Falun Gong sect would probably amount to.

Edited by Steve Cook

Share this post


Link to post
Share on other sites
if china goes tits it will take HSBC with it.

can you short banks yet ?

Ban lifted tomorrow.

Knock yourself out

Share this post


Link to post
Share on other sites
Guest Steve Cook
Couldn't we just have a game of football instead of killing each other?

Not as profitable, unfortunately

Share this post


Link to post
Share on other sites
Just as a matter of interest, what would 'regime change' mean in China?

Different regimes in different places perhaps.

Share this post


Link to post
Share on other sites
I am no lover of the Chinese administration, but I would rather their brutish form of rationalism that the religious loony-tunes that a Falun Gong sect would probably amount to.

That's sensible. Because Mao in killing 100 million people in the great leap forward, never even came close to the great Falun Gong massacre in the 11th Century.

Tit.

Share this post


Link to post
Share on other sites

what happens if china revaules the yuan higher i.e. it's true level.....the chinese people have a huge boost in purchasing power and internal consumption takes up the slack from the loss from exports coupled with the spending of some of there reserves on building projects etc etc unlike the wests attempts at competative currency devaluation and even more debt and inflation to get out from under debt and missdirected inflation HPI etc

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.