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Guest vicmac64

Sea Of Red - Reminiscent Of An Earlier Crash

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Guest vicmac64

And they will go further down.

Why ? Its simple really - its no secret - 'the markets ultimately follow main street' - now where do you think main street is headed?

The 29 crash took a full three years for the DOW to get to bottom - and bottom was 10% of its original value before the crash.

We are only into the great crash, thats right - the fundamentals are immeasurably WORSE than those preceding the 29 collapse.....

This one will run and run...

Why won't the banks come clean???? Why doesn't Brown insist they come clean on their losses? Why doesn't he use his power to threaten them with prison unless they come clean? He could do - and given it is us that is going to bail them out and it is us that will suffer from the fast approaching titanic depression that he is perpetuating you would think we the TAXPAYER are entitled to know................

Brown is a tool for the Banks - you can come to no other conclusion.

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Why won't the banks come clean???? Why doesn't Brown insist they come clean on their losses? Why doesn't he use his power to threaten them with prison unless they come clean? He could do - and given it is us that is going to bail them out and it is us that will suffer from the fast approaching titanic depression that he is perpetuating you would think we the TAXPAYER are entitled to know................

Brown is a tool for the Banks - you can come to no other conclusion.

To come clean would be to admit the past decade was an illusionary sham, the entire Labour miracle was a fraud, the banks would be admitting to their shareholders the profits over the past was fraud, the resultant share prices where a fraud.

The truth has be covered up at all costs.

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Guest Steve Cook
To come clean would be to admit the past decade was an illusionary sham, the entire Labour miracle was a fraud, the banks would be admitting to their shareholders the profits over the past was fraud, the resultant share prices where a fraud.

The truth has be covered up at all costs.

buying time...that's all

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The 29 crash took a full three years for the DOW to get to bottom - and bottom was 10% of its original value before the crash.

You're not really comparing like with like though: In 1929-1933, the US was still (pretending to be) on a gold standard, whereas today we are in a pure fiat regime which make hyper inflation possible (so stocks may gain in price, even as they fall in value).

Also, this time the question is not "will the stock market bottom in 3 years?" but "will there even be a stock market in 3 years time?". :lol:

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And they will go further down.

Why ? Its simple really - its no secret - 'the markets ultimately follow main street' - now where do you think main street is headed?

The 29 crash took a full three years for the DOW to get to bottom - and bottom was 10% of its original value before the crash.

We are only into the great crash, thats right - the fundamentals are immeasurably WORSE than those preceding the 29 collapse.....

This one will run and run...

Why won't the banks come clean???? Why doesn't Brown insist they come clean on their losses? Why doesn't he use his power to threaten them with prison unless they come clean? He could do - and given it is us that is going to bail them out and it is us that will suffer from the fast approaching titanic depression that he is perpetuating you would think we the TAXPAYER are entitled to know................

Brown is a tool for the Banks - you can come to no other conclusion.

The 29 crash is nothing like this one yet the affects are the same.

In 28-29 even cleaners were buying stocks on 90% leverage through brokers borrowing from banks.

The stock market itself was only around 15% "real" cash.It was margin calls,then panic that caused the crash.

This time the leverage isnt in stocks,it is in housing and debt.The market overall is owned by un-leveraged people so margin calls arent an issue.

However the margin calls are instead playing out in the real economy first,the market is following,where in 29 the real economy followed the market.

In theory its governments that are bankrupt and as such their currency.(bankrupt without printing).Somewhere like the FTSE 100 could actually be one of the safest places for sterling investors.

Its all relative but myself im much happier paying most of my earnings paid in sterling paper into FTSE and Asian trackers than leaving it in sterling itself.

I can live with losing money by investing it much more than i can by losing it as Brown bankrupts sterling.

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  • 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%



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