Discussion in 'world politics, current affairs and news' started by Falcon, Mar 26, 2008.
what makes you think this is the one?
A variety of factors. Slow cracks before a crash.
This is coming home to roost:
Shaking the magic money tree
Asset prices (stocks, property and derivatives) have soaked up this torrent of money and inflated in price. All the while profit warnings are increasing and debt is sky high. Leverage in stocks is at a high and average wages and private debt is high... And interest rates are set to rise. Too many opposing forces.
Cheers Idaho, off to Tesco to panic buy some baked beans
It not that big a deal. Good economic data came out of the US today. Dollar strengtheners generally means stocks drop.
What happens when highly leveraged and overvalued stocks drop successively?
Not convinced. But even so won't be headline on BBC when it does. Treasury had them for feed the birds over Northern Rock... Would be under pressure to dish out the Soma
But if I had a pot to piss in I'd go bear
Dow plunges 666 points -- worst day since Brexit
I'm not sure "stock up" was the message Idaho was trying to get across.
Stocks aren't actually leveraged. Brokers may offer leverage to their clients, or people may trade leveraged derivatives based of the value of stocks. But the stock trades at settled in full at the exchange. What makes you think they are overvalued.?
Was looking at some charts the other day. Can't find them now.
I've got my hi calorie supply of lifesaver biscuits.
I've stocked up on end of the world jumpsuits and tins of salmon.
Always used to laugh about lifeboatism & bug out bags. In a city of millions how are you going to make to safety if you have what your neighbours need for their survival.
You aren't. Better to get to know your neighbours.
Anyway I always read the "Global financial system implosion begins" as about the USA debt financed system. "Managing empire through bankruptcy" as Michael Hudson said. The World system has changed these last 20 years. Be interesting to see where it goes.
Stocks still tumbling....
to put this in context
Worst one day fall on the dow since 2008.
Looks like I panic bought just in time
I recommend nipping back out and laying in a box of twixes.
tbf The Dow one looks more like Idaho called "there she blows" at the right time.
Asia markets join global stock plunge Asian markets down. I think this is china/russan plot to bring about the fall of the American Empire.
I sincerely hope they're Heinz...for the sake of all the FEB fans...
Yanks not weeping at their desks just yet....
Wait till the market opens
The Cboe Volatility Index popped above 50 for the first time since 2015, sending exchange-traded products tied to the measure on a wild ride.
U.S. Stocks Set for More Pain as Volatility Climbs: Markets Wrap
Scrolling across the bottom of the Bloomberg - CS may "unwind" vol note - VIX 50, gonna be messy.....
How's that looking now? Almost all of 2017s gains have been wiped.
Crispy isn't going to like that graph...
rockin the casbah
rockin the casbah
Trump is totally covfefe..
I've got the best crashes ever, everyone agrees that they are the most spectacular nosedives anyone has ever seen folks.
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