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House Price Crash Forum

Bernanke.


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HOLA441

What did Greensnot do when he took over - he let a stock market crash happen then a property downturn (in US they didn't really have a crash in the early 90s like us). Then he went on to be God-like as, after all he would claim, taking on such problems, it wasn't my fault...

So, where are we now as Ben takes over?

There's just been a stock market crash (cue Rolf Harris...'Can you see what it is yet...?).

There's about to be an almighty crash all over which...if I were Ben... I would absolutely let rip. Why? 'Cos then I could 'sort it out'. It wasn't my fault. I inherited it. But I'll make sure it doesn't happen again.

The falls will happen then I'll bring in stability etc etc

He would then reign over growth for several years taking him to around 12 years in the job (crossing 3 or 4 presidential terms and at least 2 presidents) and be called a winner.

He simply cannot fail if he drives the upcoming recession hard.

That's what I'd do in his political shoes.

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HOLA449

The wishful-thinking-as-fact on this site amuses me

Of course there has been a rise since 2003 but that was only fuelled by ridiculously low IRs.

My point is Ben will want to choke the recovery, get rid of the imbalances and blame it all on someone else like.. ooh, er, Greensnot of course.

Now will the people who questioned my scenario comment on my thoughts of what Ben should do?

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HOLA4410

Now will the people who questioned my scenario comment on my thoughts of what Ben should do?

Weren't they your thoughts on what Ben would do rather than should do? What you think he will do is based on what is good for Ben; what you think he should do should, presumably, be based on what would be good for the US. Or do these two things coincide? (unfortunately I don't know enough to offer any constructive criticism of your thoughts),

Peter.

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HOLA4411

Weren't they your thoughts on what Ben would do rather than should do? What you think he will do is based on what is good for Ben; what you think he should do should, presumably, be based on what would be good for the US. Or do these two things coincide? (unfortunately I don't know enough to offer any constructive criticism of your thoughts),

Peter.

Would do or should do in his position - same as.

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