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tomandlu

Black Monday - I'm Calling It

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I'm a bear of small brain, but with inflation up again ('inflation holds steady' tends to make the general populace think it's 0), German troubles, rail-fairs up and safe ground crumbling away, I think the default state is going to become panic.

The market indexes, imho, have only been saved from further collapses by the dash from cash, but the beans ain't magic and, without growth, what's to keep them from resuming falls? When that happens, the blinkers will be off and panic will set in.

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I'm a bear of small brain, but with inflation up again ('inflation holds steady' tends to make the general populace think it's 0), German troubles, rail-fairs up and safe ground crumbling away, I think the default state is going to become panic.

The market indexes, imho, have only been saved from further collapses by the dash from cash, but the beans ain't magic and, without growth, what's to keep them from resuming falls? When that happens, the blinkers will be off and panic will set in.

Will the default state be panic, or a state default cause panic? ;):)

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  • 334 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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