FTBagain Posted October 10, 2010 Share Posted October 10, 2010 Two years ago we went through the worst recession since WWII and resolved nothing (except to move the debt from the bankers to the tax payer of course). The thing is, aren’t recessions supposed to rebalance the economy? And then there is the current situation globally, QE, the threat of currency wars, the jobless recovery (especially in the US) and the eurozone crisis etc etc. Oddly though the markets appear to sail serenely on wards and up wards... Seems to me that the conditions are all set for another big 'crash', all we need is a trgger. My favourite would be an European bank going belly up. Just wondering if anyone had any other ideas? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 10, 2010 Share Posted October 10, 2010 I thot you meant the next THE NEXT TIGGER..probably because we are up to our necks in winnie the Poo. Quote Link to comment Share on other sites More sharing options...
plummet expert Posted October 10, 2010 Share Posted October 10, 2010 (edited) Two years ago we went through the worst recession since WWII and resolved nothing (except to move the debt from the bankers to the tax payer of course). The thing is, aren’t recessions supposed to rebalance the economy? And then there is the current situation globally, QE, the threat of currency wars, the jobless recovery (especially in the US) and the eurozone crisis etc etc. Oddly though the markets appear to sail serenely on wards and up wards... Seems to me that the conditions are all set for another big 'crash', all we need is a trgger. My favourite would be an European bank going belly up. Just wondering if anyone had any other ideas? A crash in the markets is quite likely but not inevitable. Markets often look surpisingly and insanely bouyant just before a crash. Now is just such a moment. If we pass to next summer without A CRASH and new QE is in full swing, then it has been averted and it will just be inflation CREEEPING and a HPC. Edited October 10, 2010 by plummet expert Quote Link to comment Share on other sites More sharing options...
fellow Posted October 10, 2010 Share Posted October 10, 2010 The sudden realisation that most of the gold only exists on paper? Quote Link to comment Share on other sites More sharing options...
Mikhail Liebenstein Posted October 10, 2010 Share Posted October 10, 2010 Competitive devaluation and trade wars. Followed by Global Thermo Nuclear war. Quote Link to comment Share on other sites More sharing options...
Fishfinger Posted October 10, 2010 Share Posted October 10, 2010 Try Bank of America stopping all foreclosures in America due to "irregularities" with the paperwork? Quote Link to comment Share on other sites More sharing options...
geezer466 Posted October 10, 2010 Share Posted October 10, 2010 Try Bank of America stopping all foreclosures in America due to "irregularities" with the paperwork? Would this mean I could ignore demands reference my council tax and from HMRC ..... Quote Link to comment Share on other sites More sharing options...
LittleSteroid Posted October 10, 2010 Share Posted October 10, 2010 Competitive devaluation and trade wars. Followed by Global Thermo Nuclear war. ...at least we could start from scratch Quote Link to comment Share on other sites More sharing options...
longtomsilver Posted October 10, 2010 Share Posted October 10, 2010 (edited) an act of terrorism Edited October 10, 2010 by tomposh101 Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted October 10, 2010 Share Posted October 10, 2010 Hair. Quote Link to comment Share on other sites More sharing options...
longtomsilver Posted October 10, 2010 Share Posted October 10, 2010 (edited) from me so far... an act of terrorism an pandemic peak oil war Edited October 10, 2010 by tomposh101 Quote Link to comment Share on other sites More sharing options...
DeepLurker Posted October 10, 2010 Share Posted October 10, 2010 Competitive devaluation and trade wars. Followed by Global Thermo Nuclear war. You're a natural optimist, aren't you? Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted October 10, 2010 Share Posted October 10, 2010 Dollar collapse and high/hyperinflation. Never mind the technical definition of hyperinfation, under current cirsumstances - absurd debt levels and "globalised" wages just high inflation will feel like hyperinflation to the public. Quote Link to comment Share on other sites More sharing options...
fallingbuzzard Posted October 10, 2010 Share Posted October 10, 2010 Central banks dumping gold Quote Link to comment Share on other sites More sharing options...
Lepista Posted October 11, 2010 Share Posted October 11, 2010 PIIGS Quote Link to comment Share on other sites More sharing options...
50sQuiff Posted October 11, 2010 Share Posted October 11, 2010 Central banks dumping gold What gold? Quote Link to comment Share on other sites More sharing options...
fallingbuzzard Posted October 11, 2010 Share Posted October 11, 2010 The kind without counterparty risk What gold? Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted October 11, 2010 Share Posted October 11, 2010 (edited) an act of terrorism i hate to be cynical but clearly this is optimal from a political perspective it is the only possible trigger (made up) that has a chance of eing politically sellable to the majority, its a slightly superior excuse than the political and corporate classes being greedy, corrupt fraudulent tosspots Edited October 11, 2010 by Tamara De Lempicka Quote Link to comment Share on other sites More sharing options...
R K Posted October 11, 2010 Share Posted October 11, 2010 The Vatican will announce they're insolvent and require bailing out following catastrophic losses on derivatives/rate swap contracts arranged by the Giant Squid in 1452. They will be forced to liquidate their portfolios and make margin calls on left footers everywhere. Tony Blair will have all his homes repo'd, announce he's converting to Judaism and relocating to Jerusalem giving Imadinnerjacket the perfect excuse.............. Quote Link to comment Share on other sites More sharing options...
Fishman Posted October 11, 2010 Share Posted October 11, 2010 Two years ago we went through the worst recession since WWII and resolved nothing (except to move the debt from the bankers to the tax payer of course). The thing is, aren’t recessions supposed to rebalance the economy? And then there is the current situation globally, QE, the threat of currency wars, the jobless recovery (especially in the US) and the eurozone crisis etc etc. Oddly though the markets appear to sail serenely on wards and up wards... Seems to me that the conditions are all set for another big 'crash', all we need is a trgger. My favourite would be an European bank going belly up. Just wondering if anyone had any other ideas? Not so sure about the 'next' trigger. I quite like the old one....... http://www.youtube.com/watch?v=bk24RdfXWcg Quote Link to comment Share on other sites More sharing options...
awaytogo Posted October 11, 2010 Share Posted October 11, 2010 Central banks dumping gold Estate agents dumping property and selling gold. Quote Link to comment Share on other sites More sharing options...
JustYield Posted October 11, 2010 Share Posted October 11, 2010 The trigger? Dr Bubb being banned from the entire interweb. Quote Link to comment Share on other sites More sharing options...
FTBagain Posted October 11, 2010 Author Share Posted October 11, 2010 I thot you meant the next THE NEXT TIGGER..probably because we are up to our necks in winnie the Poo. Made me lol. Class. Quote Link to comment Share on other sites More sharing options...
FTBagain Posted October 11, 2010 Author Share Posted October 11, 2010 What gold? Yeh! The silly CB's sold their gold at the bottom. The Bank of England @ Gordos behest sold near perfectly at the bottom. They are all holding or buying more now that the price is at or close to record highs. Strange ain't it... Personnaly I think CB's selling is a long term buy signal. Quote Link to comment Share on other sites More sharing options...
200p Posted October 11, 2010 Share Posted October 11, 2010 2010, 2010 20th October 2010 Prophecy of doom Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.