crouch Posted August 14, 2009 Share Posted August 14, 2009 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 Excellent video. Quote Link to comment Share on other sites More sharing options...
1929crash Posted August 14, 2009 Share Posted August 14, 2009 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. so, given a choice between listening to Nouriel roubini and Niall Ferguson on the one hand, and the Daily Express on the other, you go for the tabloid! Quote Link to comment Share on other sites More sharing options...
drrayjo Posted August 14, 2009 Share Posted August 14, 2009 so, given a choice between listening to Nouriel roubini and Niall Ferguson on the one hand, and the Daily Express on the other, you go for the tabloid! There I was finishing Niall Ferguson's books, all that history, all that anatomy of credit cycles, when it hit me. THE DAILY EXPRESS is the best source of knowledge around. How could I have been so misguided!? Sibley I salute; you couldn't make you up! (though I'm sure Harry Enfield has tried). I'm thinking Lance the fishmong...er. PS: When you gonna sell up and sell fish in Thailand Sibs now we're booming again? Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 14, 2009 Author Share Posted August 14, 2009 Oh I just wondered. Have you seen this today? Sibley: Have you had a lobotomy?? Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 14, 2009 Author Share Posted August 14, 2009 Great video Eric. Next year will be a bloodbath when all these CRE,Alt-A/Option ARM and credit card defaults start to snowball. Yup.... Quote Link to comment Share on other sites More sharing options...
RajD Posted August 14, 2009 Share Posted August 14, 2009 Sibley: Have you had a lobotomy?? Don't be silly Eric. That would require him to have a brain in the first place. Quote Link to comment Share on other sites More sharing options...
Crashman Begins Posted August 14, 2009 Share Posted August 14, 2009 Gotta admit I didnt expect the VI's etc to fight back so hard despite everything thats happened... But none of it will stop the tons of financial problems out there.... Like someone on here used to say ... All else if noise, spin & market manipulation Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 15, 2009 Author Share Posted August 15, 2009 Gotta admit I didnt expect the VI's etc to fight back so hard despite everything thats happened...But none of it will stop the tons of financial problems out there.... Like someone on here used to say ... All else if noise, spin & market manipulation I do remember predicting that the VIs would fight - and they sure have - but to no avail..... Quote Link to comment Share on other sites More sharing options...
Hip to be bear Posted August 15, 2009 Share Posted August 15, 2009 Interesting vid Eric. Zuckerman says there is 29 billion in corporate credit card debt in the states and defaults are growing....Can that be right? Is that all extra unsecured lending? My only experience of this is that our company credit cards get paid off every month by dd from our business current account. I assumed that was how company credit cards worked on whatever scale. Why would US banks want to lend so much to businesses on unsecured terms??? Presumably the interest rates must be high???? It sounds like Corporate America is using plastic to ease its cash flow problems due to the credit crunch. So much for the economic super power! Quote Link to comment Share on other sites More sharing options...
bill still Posted August 15, 2009 Share Posted August 15, 2009 Wow! CNN actually puts truth on its air. EXTRA, EXTRA! 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 Quote Link to comment Share on other sites More sharing options...
sikejsudjek Posted August 15, 2009 Share Posted August 15, 2009 Armageddon didn't go away, it was just postponed for a few months by creating an even bigger black hole. Absolutely nothing is fixed. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 15, 2009 Author Share Posted August 15, 2009 Armageddon didn't go away, it was just postponed for a few months by creating an even bigger black hole. Absolutely nothing is fixed. Yup - insane isn't it. It's like a teenage girl maxed out in her credit card - and she just gets more credit when she cries. Awesome -- They just DO NOT want to face up to REALITY. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 16, 2009 Author Share Posted August 16, 2009 Quote Link to comment Share on other sites More sharing options...
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