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Ann Pettifor Radio 2 this afternoon


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Did anyone else hear Ann Pettifer on the Jeremy Vine show today predicting a global financial meltdown?

She called the 2008 crisis all be it about 5 years previous

Edited by Patfig
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There were many that thought 2003 would be the start of an economic slide but 'easy money' kept the plates spinning till 2007/8.  It will be interesting to see if she is right or we have another delay.

Edited by dougless
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i can see it all ending in a horrible blow off top.
2028 or 2029.

thing will bubbles, is they can run a lot lot further than you think they can, they just keep going.

when stock markets are not allowed to fall, they can only go up, and then its off to the races, and the only way to stop something that cant fall, is for it to get so batshit mental that its just obvious to everyone the game is over, and no amount of free money will help.

and those printing the free money and bailing everything out, will also see that it got too out of hand, they might even try and tighten as markets climb a wall, but it will end it a massive crash. much much bigger than 2008.

but with this in mind, no worries riding the wave, might as well. but just remember to load up on hard assets towards the end. 

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16 hours ago, Patfig said:

Did anyone else hear Ann Pettifer on the Jeremy Vine show today predicting a global financial meltdown?

She called the 2008 crisis all be it about 5 years previous

Never heard that before over the last 5 years

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19 hours ago, jiltedjen said:

i can see it all ending in a horrible blow off top.
2028 or 2029.

thing will bubbles, is they can run a lot lot further than you think they can, they just keep going.

when stock markets are not allowed to fall, they can only go up, and then its off to the races, and the only way to stop something that cant fall, is for it to get so batshit mental that its just obvious to everyone the game is over, and no amount of free money will help.

and those printing the free money and bailing everything out, will also see that it got too out of hand, they might even try and tighten as markets climb a wall, but it will end it a massive crash. much much bigger than 2008.

but with this in mind, no worries riding the wave, might as well. but just remember to load up on hard assets towards the end. 

The final crack-up boom as explained by Ludwig von Mises?

https://mises.org/library/hyperinflation-money-demand-and-crack-boom

Stock markets, especially those of China and Japan, should now be weakening due to the coronavirus.

Why are they not?

Edited by The Spaniard
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4 hours ago, mallish said:

Very left wing journo forecasts the fall of capitalism, 

Surprise surprise. ! 

No the fall of assets like property and equities......where there in no longer any correlation of anything......remove the props and it all falls down.?

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On 11/02/2020 at 21:08, jiltedjen said:

i can see it all ending in a horrible blow off top.
2028 or 2029.

thing will bubbles, is they can run a lot lot further than you think they can, they just keep going.

when stock markets are not allowed to fall, they can only go up, and then its off to the races, and the only way to stop something that cant fall, is for it to get so batshit mental that its just obvious to everyone the game is over, and no amount of free money will help.

and those printing the free money and bailing everything out, will also see that it got too out of hand, they might even try and tighten as markets climb a wall, but it will end it a massive crash. much much bigger than 2008.

but with this in mind, no worries riding the wave, might as well. but just remember to load up on hard assets towards the end. 

They've gone 15 years more than most thought. 

 

Everyone can see the madness now. 

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15 hours ago, winkie said:

No the fall of assets like property and equities......where there in no longer any correlation of anything......remove the props and it all falls down.?

I have heard so many people over the last decade forecasting financial and economic Armageddon on a few months - just heard it all before

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35 minutes ago, mallish said:

I have heard so many people over the last decade forecasting financial and economic Armageddon on a few months - just heard it all before

Yes, but it's even more ridiculous that when one really did come along virtually nobody forecast it.

I've reached the point where these prophecies of doom are a kind of contrarian portent that business will be much as usual for the foreseeable future.

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2 hours ago, mallish said:

I have heard so many people over the last decade forecasting financial and economic Armageddon on a few months - just heard it all before

Who said a reset would be Armageddon.....things go up and down, gains and losses all the time...... time for equilibrium.......?

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  • 417 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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