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Bursting Bubbles

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PeteHulbert37

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So, we had the housing market bubble that burst and resulted in the last recession.

When do you think the financial markets bubble will burst and create the new one? Will it be prior to the US presidential election or just after it?
 
If the UK votes to leave the EU, according to some who support the UK staying in -

1. The European and British financial markets will panic, causing a world-wide recession,

2. The London Stock Market values will fall like a stone,

3. And World War 3 will start in Europe.

Why the fuck did David Cameron, the UK Prime Minister, promise a referendum on Europe if he thought, as he now says, 1 to 3 above would happen if the UK left Europe?

Personally, whether the UK votes to stay or votes to leave the EU, nothing much will happen because world financial markets couldn't give a fuck.
 
oggbashan said:
If the UK votes to leave the EU, according to some who support the UK staying in -

1. The European and British financial markets will panic, causing a world-wide recession,

2. The London Stock Market values will fall like a stone,

3. And World War 3 will start in Europe.

Why the fuck did David Cameron, the UK Prime Minister, promise a referendum on Europe if he thought, as he now says, 1 to 3 above would happen if the UK left Europe?

Personally, whether the UK votes to stay or votes to leave the EU, nothing much will happen because world financial markets couldn't give a fuck.
Click to expand...

I'd wager if the UK votes to leave, the Sorro's types will make a boat load of money in the first 10minutes afterwards, count on it. He might even try crashing the pound.
 
Does anyone here pay any attention to financial markets?
 
Bubbles burst when no buyers exist for what the bubbles sell.

Right now stock prices are insane. It wont be long before prices collapse. This fall.
 
Earnings have been crap. The banks are maneuvering like puppet masters. It's going into the crapper sooner rather than later.
 
How about the student loan bubble?

Somebody has to pay for all those useless degrees from matchbook universities. :)
 
I had cashed out some time prior.

This time I cashed out at 18K.

It's not a matter of if, but when.
 
Oh looky there. What's that I see? Falling markets? Who would've thought?

:cool:
 
That wasn't a burst bubble, unless of course you are referring to the Progressive Socialists who thought the vote was in the bag; that bubble of theirs has burst for sure.

This was merely a correction to the steady rise based upon the faulty polling and the confidence that the political and elite class could scare the wits out of the Leave crowd.
 
Aglaopheme said:
Why would you even look? :eek: I thought about it for a split second.
Click to expand...

I didn't want to!

My bank has an online dashboard displaying everything on their homepage including links to my IRA accounts. Quite a number of red "DOWN" arrows.
 
4est_4est_Trump said:
I had cashed out some time prior.

This time I cashed out at 18K.

It's not a matter of if, but when.
Click to expand...

For those keeping track, this is the SEVENTH time 4est_4est_Trump has claimed to have timed the market.

Remember folks, this is the guy who claimed he sold every investment he owned and invested in gold the day #ThatNegroPresident was elected.

Then, when the market hit an alltime high after recovering from the recession, he claimed he didn't "really" invest in gold (which was tanking at the time), he actually fooled us all and stayed invested in stocks! Muahahaha!

It's simply amazing that the best stock market timer in America still feels the need to supplement his income on the warehouse night shift.
 
4est_4est_Gump said:
That wasn't a burst bubble, unless of course you are referring to the Progressive Socialists who thought the vote was in the bag; that bubble of theirs has burst for sure.

This was merely a correction to the steady rise based upon the faulty polling and the confidence that the political and elite class could scare the wits out of the Leave crowd.
Click to expand...

True, but it was an event that acted as a catalyst to force the puppet masters to act. That and people paying attention rerouting all of there 401 out of stock based funds and into bond or saving based funds.

As Greenspan stated this is just the tip. It's going to be a rocky summer, but my 401k won't lose a nickel.
 
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