Jump to content
House Price Crash Forum
Sign in to follow this  
eric pebble

Watch This Guys! Roubini, Fergusson & Zuckerman - Video

Recommended Posts

Is this one of the reasons why the banks are now jacking up IR's to cover themselves because they anticipate massive losses on commercial real estate and CC loan defaults?

Share this post


Link to post
Share on other sites
HA! Watch this - If you think this crisis is over - forget it!!

CNN: Great Interview with Niall Ferguson, Nouriel Roubini and Mortimer Zuckerman

http://edition.cnn.com/video/#/video/besto...ref=videosearch

Great video Eric.

Next year will be a bloodbath when all these CRE,Alt-A/Option ARM and credit card defaults start to snowball.

Share this post


Link to post
Share on other sites
I wish more people would watch the video.

Yes.. Bumpy bump!

Great video.. although I have to say I kept on getting distracted by the link (bottom right) entitled: "Merkel's Cleavage Controvercy"

Share this post


Link to post
Share on other sites
Yes.. Bumpy bump!

Great video.. although I have to say I kept on getting distracted by the link (bottom right) entitled: "Merkel's Cleavage Controvercy"

:lol:

Share this post


Link to post
Share on other sites

I lost a lot of respect for Niall after the first few seconds of this interview when he praised the Investment Banks like Goldman Sachs for being so well run and thus profitable.

He fails to mention that GS got TARP funds, as well as billions more through the backdoor by rights issues from the publicly bailed out AIG. That along with their highly questionable practice front running of the market... GS are more like Al Capone claiming disability benefits...

Niall is a well respected financial historian, but in my opinion one who is unwilling to face the facts that the system is rigged.

Jim

Share this post


Link to post
Share on other sites
He fails to mention that GS got TARP funds, as well as billions more through the backdoor by rights issues from the publicly bailed out AIG. That along with their highly questionable practice front running of the market... GS are more like Al Capone claiming disability benefits...

:lol::lol::lol:

Share this post


Link to post
Share on other sites
Great video Eric.

Next year will be a bloodbath when all these CRE,Alt-A/Option ARM and credit card defaults start to snowball.

Ohhhhhhhhhh, it's going to be next year now is it........ how convenient :rolleyes:

.......... I'll get me coat :unsure:

Share this post


Link to post
Share on other sites
Ohhhhhhhhhh, it's going to be next year now is it........ how convenient :rolleyes:

.......... I'll get me coat :unsure:

Yep. The Alt-A/Option ARM resets start to pick up in early 2010:

IMFresets.jpg

And CRE defaults are only getting started:

q3.jpg

post-16847-1250193054_thumb.jpg

Edited by MOP

Share this post


Link to post
Share on other sites

I watched!

The propagandists are doing their very best to make everyone think the crisis waning and its all go!go!go!

Its really just a lull, the eye of the hurricane.

Edited by Dave Spart

Share this post


Link to post
Share on other sites
Yep. The Alt-A/Option ARM resets start to pick up in early 2010:

IMFresets.jpg

Notice how if you turn that graph upside down you get a "W" shape...

I wonder if that is one of the reasons for the W shape recession theory

Share this post


Link to post
Share on other sites
Why can the American's do these sorts of interviews, whilst the UK media can see only green shoots. It makes me angry!

It really is a good interview. Recent reports of Nouriel Roubini's conversion to bull seem to have been exaggerated, Part of the reason we don't have interviews like this is that BBC are sh1tting themselves about annoying the government, the Gilligan sexed up dossier fracas was a turning point - a very serious turning point. Gilligan was only partly wrong and the govt. jumped all over the BeeB like a psychotic bouncer giving a drunk a kicking on a Saturday night. Being a BBC journalist now is the equivalent of being paid to let some old man sh1t on you for his own pleasure. Their job is to start and end their reporting with the phrase "A government spokesman said......." or "....according to a government source"

Edited by ibmtypewritergirl

Share this post


Link to post
Share on other sites
It really is a good interview. Recent reports of Nouriel Roubini's conversion to bull seem to have been exaggerated, Part of the reason we don't have interviews like this is that BBC are sh1tting themselves about annoying the government, the Gilligan sexed up dossier fracas was a turning point - a very serious turning point. Gilligan was only partly wrong and the govt. jumped all over the BeeB like a psychotic bouncer giving a drunk a kicking on a Saturday night. Being a BBC journalist now is the equivalent of being paid to let some old man sh1t on you for his own pleasure. Their job is to start and end their reporting with the phrase "A government spokesman said......." or "....according to a government source"

An interesting analogy. Yuck. :o

Share this post


Link to post
Share on other sites

Very interesting. The Yanks seem so much more open to debate in the media than we are.

To discuss our wonderful economic outlook we'd be bringing on the banker, the estate agent and the regulator... oh and John McFall.

Share this post


Link to post
Share on other sites
Very interesting. The Yanks seem so much more open to debate in the media than we are.

To discuss our wonderful economic outlook we'd be bringing on the banker, the estate agent and the regulator... oh and John McFall.

We're sometimes lucky enough to get Roger Bootle talking reasonable sense. Haven't seen him for a while though, maybe he adjusted his forecasts down ...

That Roubini guy is quite with it. Saw the forty minute video of him in a university and he was quite interesting. What I also liked was the way he kept on mentioning these were his predictions, where he guesses the economy is going to go. Why are all the rampers so sure their predictions are right?

Share this post


Link to post
Share on other sites
We're sometimes lucky enough to get Roger Bootle talking reasonable sense................./

Jeff Randall's articles in The Telegraph, and his Sky News stuff are good. His articles are SUPERB.

http://www.telegraph.co.uk/search/?queryTe...p;Search=Search

Larry Elliot at the Guardian has been consistently good too.

http://browse.guardian.co.uk/search?search...;fr=cb-guardian

These guys just tell it as it is.

Share this post


Link to post
Share on other sites
Oh I just wondered.

Have you seen this today?

http://www.express.co.uk/home

I wonder when the penny will drop?

I thought when you had a HPC property prices went down a lot??????

They are rising, banks are lending, government is helping anyone who loses their job, economy picking up and people predicting HPI next year.

Give it up. You've been smashed on the rocks. :lol:

And how is Diana today?

Doesn't £1.227 Trillion mean anything to you?

It's thanks to simple-minded buffoons like you its UK Plc that's smashed on the rocks.

Edited by Dave Spart

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   287 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

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.