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Major Market Crash Around Election Time

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posted on Jun, 4 2004 @ 03:51 PM
I foresee a major economic downfall either shortly before or after the coming election. Data points to a severe correction in markets soon.

Speculation of a post crash DOW level between 5000-8000 seems relevant. Also the a global snowball effect in which world markets follow suit to US's downfall is likely.

Derivatives, credit and housing are out of control and will seek a balance.

posted on Jun, 4 2004 @ 04:25 PM
Doesnt the market usually gets shaky when is an election year? Do the uncertainty of one group leaving office and another taking over.?

posted on Jun, 4 2004 @ 04:36 PM
Yes, it usually undergoes a moderate correction, but when the market is built upon both credit and housing bubbles with an artificially induced liquidity in M3 supply and topped by outright fraud....your talking atomic bomb type market implosion in the works.

Plus society in general is in a rather hopeless dismal outlook which just adds to the whole quagmire.

posted on Oct, 10 2008 @ 07:58 AM
Was looking through some old threads and I noticed this. Though the OP was referring to the 2004 election, I find it interesting. Besides the coincidence of economic problems happening around election time, just the fact that these troubles were seen coming. It wasn't a secret for alot of people. But it seems nothing was done to prevent it.

posted on Oct, 12 2008 @ 12:26 AM
Old threads never die, they just get stumbled upon.........

posted on Oct, 12 2008 @ 12:37 AM
Funny how seeing something like that makes you remember that old adage about history repeating itself.

Even the numbers in the prediction are not too far off.

posted on Oct, 12 2008 @ 12:44 AM

Originally posted by six1nine
It wasn't a secret for alot of people. But it seems nothing was done to prevent it.

Or, something was done to prevent it, but it was done with an eye to delaying it so that they could finish moving their money off and out before the bubble burst. Think of all the extra money that was siphoned off to various other things in the last 4 years. Its just a damn shame they didnt get to privatize social security so they could have bled that dry too.

I find it rather odd that so many of these non multi-million dollar analysts saw this coming when all the "talent" who are justified to make ridiculous salaries (/sarcasm) supposedly did not see this coming.

posted on Oct, 12 2008 @ 01:09 AM
Wow spot on....I gave him a star

The bubble should've popped then, but the cronies allowed 4 more years of fraud to take hold...

Amazing though how the exact issues the OP cites are the exact same thing that blew up the markets in 2008, and at the very same time of the yr...

Can anyone think of some other major events that have occurred in the Sept-Oct months...

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