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Originally posted by ThePublicEnemyNo1
reply to post by michael1983l
To add to this the markets have been spooked by the lowest recorded output by the eurozone countries in 3 years.
It's a shame really...but I for one as a longtime investor, never EVER in a million years would have put a dime into a so called "universalized" currency/market and expect that market to maintain any sort of stability It was a trial run and it failed MISERABLY.
i think you may be on to something sir.
Originally posted by michael1983l
Originally posted by AQuestion
reply to post by michael1983l
Dear michael1983,
If the western world and asia own the world, how is it that we can all suffer a collapse and not the third world which owns nothing? How is it that the richest countries can all be destroyed economically and the poor countries gain so much? Just some things to consider.
The answer to your question is that the western world and Asia do not own the world. The world has been fooled by worthless paper money and now all that matters is resources and Europe is relatively poor in those terms. If we can no longer steal resources from "poorer" countries then we can no longer sustain our standard of living as we have in the past.
Originally posted by PurpleDog UK
Just on BBC - 19.40 on Friday 25 May.......
Bankia has just requested a bailout of 19 BILLION Euros............!!
Thats a biggish sum of money................
www.bbc.co.uk...
I also note that both Barclays (that's my bank) and Santander UK are having diifficulties with allowing customers to access their accounts this evening ???????
PDUK
Originally posted by pirhanna
reply to post by michael1983l
@ OP
Those are not free fall graphs. Go look at the crash in 2008. That's free fall.
Market adjustments like that happen many times a year, every year.
While I agree there is indeed another crash on the horizon, your proclamation that the sky is falling is a bit premature. You gotta wait it out till it's time, just like with the ladies...
Originally posted by michael1983l
reply to post by sam_inc
I actually said that this day would be remembered as the start of the collapse when they look back through history hence the quote "mark this date in your diary".
If I was you guys I'd keep an eye on the markets when they open today