Australian (ASX) Stock Market Forum

The World is on the brink!

Jump to new
Sean K

Sean K

Moderator
Joined
21 April 2006
Posts
22,018
Reactions
11,005
A series of natural disasters causing massive destabilisation and economic hardship
A global financial crisis with potentially the worst to come
Dozens of States effectively bankrupt
Monarchies and Dictators being overthrown in the Middle East
Most of Africa is in dire straights
Al Qaida simply changed base to Africa and Pakistan
Ill-conceived and un-just wars
China developing a blue water navy
Mexico fighting a war that's killed 30,000 over drugs that make you feel good
Politicians create man made global warming to develop a speaking tour
Australia loses the Ashes again
Julia Gillard is PM
Bob Katter controls the balance of power
Ricky Nixon. Well, Ricky!!
The list goes on....

Not just a perfect storm.

:eek:
 
kennas said:
Politicians create man made global warming to develop a speaking tour
Australia loses the Ashes again
Julia Gillard is PM
Bob Katter controls the balance of power
Ricky Nixon. Well, Ricky!!
The list goes on....

Not just a perfect storm.

:eek:
Click to expand...

And we're just warming up for 2012??

Beggorah!
 
Just as all other wars, natural disasters, stock market crashes, currency meltdowns, Dictators and Prime Ministers, genocide etc. etc. we always move on, always. It is when one of those nutters start firing Nuclear missiles around then that will be game over. I am surprised no country has done that in recent times. (USA on Japan excluded) God help the world when that starts.
 
Bill M said:
Just as all other wars, natural disasters, stock market crashes, currency meltdowns, Dictators and Prime Ministers, genocide etc. etc. we always move on, always. It is when one of those nutters start flying Nuclear missiles around then that will be game over. I am surprised no country has done that in recent times. (USA on Japan excluded) God help the world when that starts.
Click to expand...
Yep, but in living memory has there being a bigger set of prerequisites for disaster.

Add Danni Minogue judging a 'talent' show..
 
Kill yourself now and avoid the rush.

Seriously thinking of moving to Turi Beach Resort, Batam, Indonesia.

Meet me in the Emerald Pool. I will have a jug of Mojito's waiting.
 
I have no idea how or why, but when anything trends strongly, it tends to continue that way, whether there is a logic behind the move or not.

Natural disasters are on a very strong uptrend, which suggests we'll see a lot more of them. They're also getting bigger, costlier and more destructive.

Qantas' "chart" of aircraft problems broke out last year after a record flat spell, and has been in a massive uptrend with new problems now a regular occurrence. They're not getting any more serious thankfully. No way I'd fly Qantas with that sort of a recent trend though.

Trends do end however. That's the saving grace - cycles. Remember the 12 year drought?
 
Gringotts Bank said:
I have no idea how or why, but when anything trends strongly, it tends to continue that way, whether there is a logic behind the move or not.

Natural disasters are on a very strong uptrend, which suggests we'll see a lot more of them. They're also getting bigger, costlier and more destructive.

Qantas' "chart" of aircraft problems broke out last year after a record flat spell, and has been in a massive uptrend with new problems now a regular occurrence. They're not getting any more serious thankfully. No way I'd fly Qantas with that sort of a recent trend though.

Trends do end however. That's the saving grace - cycles. Remember the 12 year drought?
Click to expand...
Not sure if it's a trend GB, nor that any particular aspect of this is worse than any other time, just that there's so many different issues contributing to internal and global tension.

Interesting times indeed.
 
Nothing seems to have changed much here though, has it? Things are still pretty much the same. Few more cents to the litre maybe.
The world is always on a 'brink'.

The issues we are going to face are bad yes, loss of US dominance, a future china crash, expanding islam etc etc. But there are always good things - technology is still progressing at a cracking pace, north africa might end up being less sh~t, etc etc.
Look on the bright side man! :D
 
tothemax6 said:
Nothing seems to have changed much here though, has it? Things are still pretty much the same. Few more cents to the litre maybe.
The world is always on a 'brink'.

The issues we are going to face are bad yes, loss of US dominance, a future china crash, expanding islam etc etc. But there are always good things - technology is still progressing at a cracking pace, north africa might end up being less sh~t, etc etc.
Look on the bright side man! :D
Click to expand...
What's the bright side at the moment?

Essendon in front of Melbourne?

I would like to see some analysis on how close we are to exploding. But that might not be handy...

I'm sure the ducks were lining up in 1939 ish...

The only thing that held the world together the past 50 years was MAD.

I think we might agree that's less likely at the moment.
 
I must admit to being mostly in Property, Cash and Physical Gold.
The fat lady has not even arrived at the opera house.

gg
 
kennas said:
What's the bright side at the moment?

Essendon in front of Melbourne?

I would like to see some analysis on how close we are to exploding. But that might not be handy...

I'm sure the ducks were lining up in 1939 ish...

The only thing that held the world together the past 50 years was MAD.

I think we might agree that's less likely at the moment.
Click to expand...
I am sure it will hold us for the next 50 years too. To commence a nuclear bombardment, you have to either be suicidal, or be damn sure your gear is way better than theirs. In the former case, this attitude is not conducive to a society technologically advanced enough to do much damage anyway. Your warheads still have to hit their cities to hurt anything, and there is plenty of time and many ways to kill such a missile, if they see it when it is launched.
Yes, 'peace is the period between two wars', but there have been longer periods of peace than this.
 
Garpal Gumnut said:
I must admit to being mostly in Property, Cash and Physical Gold.
The fat lady has not even arrived at the opera house.

gg
Click to expand...
It seems to be just a matter of when.

Like the 'severe and imminent correction' thread was always going to be correct, the timing was all that was suspect.
 
Gringotts Bank said:
I have no idea how or why, but when anything trends strongly, it tends to continue that way, whether there is a logic behind the move or not.
Click to expand...
It's hard to explain but I know exactly what you mean. The same thing happens with all sorts of things.

I call it "rat theory". If you've found one rat, then the odds are high that there are plenty more not far away that you will soon also be finding. There's your uptrend...
 
trainspotter said:
Seriously thinking of moving to Turi Beach Resort, Batam, Indonesia.

Meet me in the Emerald Pool. I will have a jug of Mojito's waiting.
Click to expand...

haha the mrs and I were just wondering tonight how long we could go and live in a 2nd world country for on our savings without having to work.

Let me know the costs and we might join you :)

kennas said:
Interesting times indeed.
Click to expand...

And yet the AUD remains strong. Oh how i hope it tanks...
 
prawn_86 said:
And yet the AUD remains strong. Oh how i hope it tanks...
Click to expand...
Maybe, but

We seem to be one of the last safe bastions.

I think it's a measure of your international safety rating.

Who has beat us the past 2 years?
 
From a practical perspective, one thing seems pretty clear. Consumers aren't likely to be opening their wallets much with all this going on.

Petrol getting more expensive. Electricity to get more expensive (carbon tax). Food. Wars. Earthquakes. Job losses in various industries. Government budget deficits. Various overseas financial crises. Another Qantas "news item" today...

What next? The bad news just keeps coming and that can't be good for consumer confidence. :2twocents
 
Smurf1976 said:
From a practical perspective, one thing seems pretty clear. Consumers aren't likely to be opening their wallets much with all this going on.

Petrol getting more expensive. Electricity to get more expensive (carbon tax). Food. Wars. Earthquakes. Job losses in various industries. Government budget deficits. Various overseas financial crises. Another Qantas "news item" today...

What next? The bad news just keeps coming and that can't be good for consumer confidence. :2twocents
Click to expand...
It seems to be just disaster after disaster.

Maybe the media are responsible?
 

Similar threads

R
The American use of War Pretext Incidents
Replies
6
Views
9K
sptrawler
sptrawler
Top