Happy 10th Anniversary 2008 financial crisis

derrybderryb Posts: 25,417 ✭✭✭✭✭
edited September 4, 2018 6:08PM in Precious Metals

was ready for you then, be seeing you again soon?

Beware the boogeyman

Comments

  • rickoricko Posts: 60,201 ✭✭✭✭✭

    Charts are history, and in that respect, valuable. Their only predictive value is 'it will happen again... sometime'....Cheers, RickO

  • Timbuk3Timbuk3 Posts: 7,570 ✭✭✭✭✭

    Yup, not "if, but when" !!! :(

    Timbuk3
  • bestmrbestmr Posts: 1,719 ✭✭✭

    Have we learned anything yet?

    I was looking for a house but atm, everything is crazy expensive and sometimes even going several thousand $$ over what the house is worth. No, I’m too gun shy to get a house now and settled for an apartment for the time being.

    Positive dealing with oilstates2003, rkfish, Scrapman1077, Weather11am, Guitarwes, Twosides2acoin, Hendrixkat, Sevensteps, CarlWohlforth, DLBack, zug, wildjag, tetradrachm, tydye, NotSure, AgBlox, Seemyauction, Stopmotion, Zubie, Fivecents, Musky1011, Bstat1020, Gsa1fan several times, and Mkman123 LOTS of times
  • BaleyBaley Posts: 20,097 ✭✭✭✭✭

    Awesome chart! Connect the tops and extend that line into the future... then connect the bottoms and extend that line. Now predict your lifespan, and there is your design space. Enjoy!

    Liberty: Parent of Science & Industry

  • BaleyBaley Posts: 20,097 ✭✭✭✭✭
    edited September 5, 2018 8:13PM

    Hint: many of us will live to see the Pot Bubble and the True virtual reality bubbke and the actual Space Bubble.

    I wouldn't name now Everything, instead it's Social media, online shopping bubble, electric car , video game bubble, cryptocurrency and dark web and disinformation bubble, etc.

    Liberty: Parent of Science & Industry

  • Jinx86Jinx86 Posts: 2,810 ✭✭✭✭

    @Baley said:
    Hint: many of us will live to see the Pot Bubble and the Space Bubble

    What makes you think the Pot Bubble isn't already happening.

  • BaleyBaley Posts: 20,097 ✭✭✭✭✭

    Oh it's certainly bubbling and smoldering like a 4 foot long bong, but not as high as it will get, pot bubble far from topping imo, even as the different enterprises shake out

    Liberty: Parent of Science & Industry

  • coinpalicecoinpalice Posts: 981 ✭✭✭✭

    I heard the next recession will be the worse one yet, maybe even a depression

  • DrBusterDrBuster Posts: 3,688 ✭✭✭

    Met with one of my investor chat neighbor buddies yesterday, he's done pretty good with the pot stocks the past year. There's legs there, especially if more legalization and hopefully banking acceptance come into play.

  • cohodkcohodk Posts: 14,887 ✭✭✭✭

    @coinpalice said:
    I heard the next recession will be the worse one yet, maybe even a depression

    Have you ever hear someone say the next time won't be as bad as the last? Of course you havent. These folks use fear to control you. You can choose to be a puppet or a master. The choice is yours, and yours alone.

    Master of Puppets----AKA The Boogeyman.
    "Troll"er of Mis-information and Lies
    Excuses are tools of the ignorant
    Knowledge is the enemy of fear
  • renman95renman95 Posts: 6,472 ✭✭✭✭

    All I thought that would happen, didn’t. I thought debt mattered. I thought greater govt intrusion mattered. I thought truth mattered. It’s a good thing I kept my night job.

    HE>i

  • rickoricko Posts: 60,201 ✭✭✭✭✭

    The next recession - when it comes - will just be a recession, maybe shorter, maybe longer than the last. We just know it will happen. There are worse possibilities out there, let's hope none of them come true. Rest assured, at some point in time, there will be a major black swan event. What it will be, when it may happen and how vast the devastation is all unknown and unpredictable. Just keep living and do the best you can. ;) Cheers, RickO

  • derrybderryb Posts: 25,417 ✭✭✭✭✭

    @renman95 said:
    All I thought that would happen, didn’t. I thought debt mattered. I thought greater govt intrusion mattered. I thought truth mattered. It’s a good thing I kept my night job.

    It will. Unsustainable debt always has a bad ending.

    Beware the boogeyman

  • jmski52jmski52 Posts: 18,737 ✭✭✭✭

    _All I thought that would happen, didn’t. I thought debt mattered.

    It does.

    I thought greater govt intrusion mattered.

    It does.

    I thought truth mattered.

    It does.

    It’s a good thing I kept my night job.

    Good move! B)

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 25,417 ✭✭✭✭✭

    After 10 Years of "Recovery," What Are Central Banks So Afraid Of?

    "Wait a minute: so the patient has been on life-support for 10 years and authorities are telling us the patient is now super-healthy? If the patient is so healthy, then why is he still on life support after 10 years of "recovery"? If the global economy is truly healthy, then central banks should end all their stimulus programs and let the market discover the price of credit, risk and assets."

    Beware the boogeyman

  • blitzdudeblitzdude Posts: 897 ✭✭✭✭

    @Timbuk3 said:
    Yup, not "if, but when" !!! :(

    At the rate things are going? Much sooner than later. Careful with your paper, although toilet paper is certainly nice to have. lulz

  • ADGADG Posts: 187 ✭✭✭
    “I will build a great wall – and nobody builds walls better than me, believe me – and I’ll build them very inexpensively. I will build a great, great wall on our southern border, and I will make Mexico pay for that wall. Mark my words.”
  • jmski52jmski52 Posts: 18,737 ✭✭✭✭

    Good read, ADG. Thanks!

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 25,417 ✭✭✭✭✭
    edited September 16, 2018 9:51AM

    Keep hiking:

    Beware the boogeyman

  • topstuftopstuf Posts: 10,790 ✭✭✭✭✭

    Just last week I got an announcement of a TRUST DEED Meetup group.
    Those can be good except now I am completely convinced that houses are in bubble mode again.
    I had some back in 2003 that were ...SWELL :) <3

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