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Author Topic: Doomsday clock for global market crash  (Read 885 times)
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Jeff G
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« on: August 27, 2015, 12:08:27 PM »

http://www.telegraph.co.uk/finance/11805523/Doomsday-clock-for-global-market-crash-strikes-one-minute-to-midnight-as-central-banks-lose-control.html

There are some interesting thoughts being telegraphed in this piece. (also, note the date on the article: 8/17, which, I do believe, was just prior to the current escalating global economic debacle)

Folks, better get prepared for what's coming!

I wonder where is cccoach when we need him to comfortingly reassure us that an economic collapse will not happen because history dictates that such isn't at all likely? 
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Pi
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« Reply #1 on: August 27, 2015, 03:14:12 PM »

You mean to say, where is the Normalcy Bias Contingent?  I don't know.
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1911A
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« Reply #2 on: August 27, 2015, 03:18:37 PM »

Maybe they finally pulled their heads out.
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Vetustior Humo.
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« Reply #3 on: August 27, 2015, 10:24:50 PM »

Maybe they finally pulled their heads out.

And here all the while I figured that CCCP had pushed it in until he just couldn't hear anything anymore.
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1911A
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"Stand Your Ground" by Charles McNaughton


« Reply #4 on: August 28, 2015, 02:05:49 AM »

Maybe they finally pulled their heads out.

And here all the while I figured that CCCP had pushed it in until he just couldn't hear anything anymore.

Could be.

"Who knows what evil lurks in the hearts of men?

The Shadow do."
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"You are clearly a bigoted, racist pig." - Matilda

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Vetustior Humo.
noway2
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« Reply #5 on: August 28, 2015, 07:49:03 AM »

My wife was saying the other day, that of all the doomsday, SHTF scenarios, a financial collapse and resulting civil unrest is the most likely. 
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Pi
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« Reply #6 on: August 31, 2015, 12:28:16 PM »

Speaking of world economy, here's an interesting graphic that is making the rounds.

http://howmuch.net/articles/one-diagram-that-will-change-the-way-you-look-at-the-us-economy

When people talk about the US having a "service" economy, this is what they mean.

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There are two ways to conquer and enslave a country. One is by the sword. The other is by debt. - John Adams
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