Killer Bunny Posted March 16, 2008 Share Posted March 16, 2008 I havent seen you offer a single reason for the "impending equity bull", and l only read this site when l breath. Interesting. I guess you breath intermittently. Example: http://www.housepricecrash.co.uk/forum/ind...showtopic=69164 Quote Link to comment Share on other sites More sharing options...
A.steve Posted March 16, 2008 Share Posted March 16, 2008 Sorry, I have said it so often on this site over the last fortnight. We got it right during 2007. Let's see what happens now. I'm very curious too. I've caught you saying that you are bullish on stocks. I've respected your judgement when you've backed your assertion with evidence and allowed mere mortals to see how you justify your position... so I'm curious, to say the least, about your position on equities. I'm moderately bearish on equities - and slightly bearish on commodities - because I believe: * uncertainty in the corporate debt markets will hinder investment... and, hence, act against economic growth. * even with huge injections of central bank liquidity, I expect many cash-strapped investors to de-leverage significantly. * consumer spending is slowing - hence sales figures are unlikely to be great in retail - and state budget constraints are likely to preclude any vastly new public sector deals. I do understand that you do say that you see stocks decoupling from credit markets. I do not understand why you think this is happening now. Quote Link to comment Share on other sites More sharing options...
Pindar Posted March 16, 2008 Share Posted March 16, 2008 I can see how, with the privatisation of wealth and the socialisation of loss, that more people (the self employed particularly) will consider tax evasion as a morally sound option in future. Why should the population be expected to pay for somebody elses problems through tax increases for undeserving causes? I favour a black economy when you can't trust the government to be honest or fair. Quote Link to comment Share on other sites More sharing options...
Assurbanipal Posted March 16, 2008 Share Posted March 16, 2008 Goverment's choice: “There is no means of avoiding the final collapse of a boom brought on by credit expansion. The question is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” Ludwig von Mises Quote Link to comment Share on other sites More sharing options...
Unexpected Posted March 16, 2008 Share Posted March 16, 2008 I can see how, with the privatisation of wealth and the socialisation of loss, that more people (the self employed particularly) will consider tax evasion as a morally sound option in future. Why should the population be expected to pay for somebody elses problems through tax increases for undeserving causes? I favour a black economy when you can't trust the government to be honest or fair. Agreed. There is no longer any reason to feel guilty about tax evasion. If I was a self employed tradesman I would be giving a good discount for cash just to avoid paying anything to the government. Quote Link to comment Share on other sites More sharing options...
redgenieuk Posted March 16, 2008 Share Posted March 16, 2008 Holy sh*tbags batman what are we going to do!?Be vigilant. Stock up on beans. Eye Eye Captain, but I am not sure I can take many more. Quote Link to comment Share on other sites More sharing options...
redgenieuk Posted March 16, 2008 Share Posted March 16, 2008 In other words, hyperinflationary monetary holocaust.100% correct, guaranteed. Hi CG, I am sure your scenario is getting more likely as thisngs continue down this path. Quote Link to comment Share on other sites More sharing options...
Fergie Posted March 16, 2008 Share Posted March 16, 2008 I can see how, with the privatisation of wealth and the socialisation of loss, that more people (the self employed particularly) will consider tax evasion as a morally sound option in future. Why should the population be expected to pay for somebody elses problems through tax increases for undeserving causes? I favour a black economy when you can't trust the government to be honest or fair. Totally agree. I was brought up with a very protestant work ethic, where relying on the state, or anyone else was considered scrounging. You work and you pay your fare share. If my tax pounds are going to paying for war, and paying to bail out very rich corporates and finance people, I no longer subscribe to that ethic. I'm happy to pay taxes for a health service and a safetly net for those in hard time (which might include me sometime.) I'm absolutely not happy to pay for the rich to stay rich. If that does happen, I'm jacking in the job and living off the state too. What's sauce for the goose... Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted March 16, 2008 Share Posted March 16, 2008 http://www.yieldcurve.com/marketyieldcurve.asp Not looking good Quote Link to comment Share on other sites More sharing options...
Nelly Posted March 16, 2008 Share Posted March 16, 2008 gruffydd. have you got a copy of the times today ???whats in the gardening section ? Gardens Quote Link to comment Share on other sites More sharing options...
Pindar Posted March 16, 2008 Share Posted March 16, 2008 Totally agree. I was brought up with a very protestant work ethic, where relying on the state, or anyone else was considered scrounging. You work and you pay your fare share. If my tax pounds are going to paying for war, and paying to bail out very rich corporates and finance people, I no longer subscribe to that ethic. I'm happy to pay taxes for a health service and a safetly net for those in hard time (which might include me sometime.) I'm absolutely not happy to pay for the rich to stay rich. If that does happen, I'm jacking in the job and living off the state too. What's sauce for the goose... And I think it's part of the reason that the government and their corporate supporters would like to outlaw cash at some point in the future. The day that happens is the day that real liberty is a thing of the past. Quote Link to comment Share on other sites More sharing options...
hedgefunded Posted March 16, 2008 Share Posted March 16, 2008 And I think it's part of the reason that the government and their corporate supporters would like to outlaw cash at some point in the future. The day that happens is the day that real liberty is a thing of the past. Then we'll return to good some old fashioned barter. Quote Link to comment Share on other sites More sharing options...
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