Friday, Oct 09, 2009

We could have told you that!

Bbc: World financial crisis 'not over'

"There is a wall of liquidity cashing assets," he said. "But I think that there is a growing gap between what is the asset prices and the real economy."

Posted by mark @ 12:23 PM (1184 views)
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10 Comments

1. crunchy said...

Lots of NWO news today folks. MASSIVE

Get ready to be taxed to death by the new international banking cartel that you will not or will not want to know about.

Dont bother (little Thomas) rumble this is a one off kid.

Friday, October 9, 2009 01:32PM Report Comment
 

2. chrisa said...

The US economist widely credited with having predicted the financial crisis has warned we are already "planting the seeds of the next crisis".


And almost no-where have they been planted with more manure (QE money and government intervention etc) than in the UK.

A conspiracy theorist could be forgiven for reaching the conclusion that after the eventual failure of the first 'rescue' attempt on the Global economic model that it will be so much easier next to scrap the old model and introduce a brand new one - the NWO economic model. After all they had a good 'try' at fixing it but it just didn't work did it? I can see it now be sold as this.

Friday, October 9, 2009 01:53PM Report Comment
 

3. str 2007 said...

Crunchy

As I recall S2R1 was talking about today being significant.

Can't remember what was significant or what was due to happen though, can you ?

Friday, October 9, 2009 03:08PM Report Comment
 

4. Agentimmo said...

A wall of money indeed. Saw on Bloomberg this morning that ING banks P/E, in the last year, had gone from 2x p/e to nearly 32x p/e. Sector average is 14x p/e.
This is all going to turn nasty once reality bites..............

Friday, October 9, 2009 03:15PM Report Comment
 

5. crunchy said...

No, better to ask STR 1

It was him that said it not me.

Friday, October 9, 2009 03:25PM Report Comment
 

6. Mark Wadsworth said...

Shouldn't that read "There is a wall of liquidity CHASING assets"?

Friday, October 9, 2009 03:38PM Report Comment
 

7. str 2007 said...

S2R1 are you there ?

Friday, October 9, 2009 04:38PM Report Comment
 

8. cyril said...

Maybe the Mayan calandar has something to say about this? I'll consult my crystal ball and see if it knows what's going on.

Friday, October 9, 2009 06:37PM Report Comment
 

9. fallingbuzzard said...

I think he'll be referring to the Fed Reserve Transparency Act. Its gaining traction in the US and the Fed Reserve is now getting worried that it could (1) go through or (2) get to a stage where Obama orders an audit of the Fed, even without the act being passed. The Fed doesn't want this but the American people probably do as there is great suspicion that the Fed is not acting in the best interests of the American people.

Friday, October 9, 2009 06:43PM Report Comment
 

10. mander said...

Inflate the assets (inclusive of houses) as a way ot make money and loose contact with reality.

Friday, October 9, 2009 09:47PM Report Comment
 

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