Jump to content
House Price Crash Forum
Sign in to follow this  
Shoeshine Boy

Leap 2020 Prediction

Recommended Posts

Extract from GEAB N°12: Impact phase of the Global Systemic Crisis: April 2007:

Inflexion point of the phase of impact US economy enters recession............

"In April 2007, nine practical consequences of the unfolding crisis will converge:

1. Acceleration of the pace and size of bankruptcies among US financial organisations: from one per week today to one per day in April

2. Spectacular rise of US home foreclosures: 10 million Americans out on the street

3. Accelerating collapse of housing prices in the US: - 25%

4. Entry into recession of the US economy in April 2007

5. Precipitous rate cut by the US Federal Reserve

6. Growing importance of China-USA trade conflicts

7. China's shift out of US dollars / Yen carry trade reversal

8. Sudden drop of US dollar value against Euro, Yuan and Yen

9. Tumble of Sterling Pound

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 355 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.