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I predict

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I predict we need to set aside a few hectare's of useless waste land for a grave site for:
Lehman's Bro. Bear Sterns, GM, Ford, B & B, ABC, AIG, USA sub prime, Title Deeds, Failed Economist's, Harvey Normal, Bank cards, GE.
Just noticed if your company is part of the Alphabet you could be in trouble.
 
Many people are going to become knowledgeable about growing vegies...

The next renovation boom will be from the hard rubbish collection and involve a few more families sharing houses

We are all going to become more multiskilled when we can't afford to pay others to take care of us.

We will learn that less is truly more:
 
Just had a look at the All Ords, what a disaster, told you so :

I now predict that someone will bail our GM and there will be a very nice bounce, if they don't bail out GM and they file for bankrupcy, I'll be packing my swag and hitting the road.
 

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I predict, the Australian property market will come down in price faster than the majority think.

Only the best of the best are currently selling and they're at normal average prices. The volumes on sales are terrible. What's going to happen to the averages once the OK to crap properties sell? And they're the majority of the properties!

Property price statistics are going to appear OK for the moment then "look out"!

Residencial property remained strong up to a year after the 1987 stock crash suspended by falling interest rates.
This will not be the case this time.
 

I think you're right, what annoys me is the drips at the RBA saying it will "soften" not crash, what a load of crap.
 
MrBurns said:
I think you're right, what annoys me is the drips at the RBA saying it will "soften" not crash, what a load of crap.
Click to expand...

Don't ever mention the "r" word either "slow down" is more appropriate these days.

Bust = depression = recession = slow down.
 
I dont see property heading the way of the US. Firstly and very importantly, our banks never embraced NINJA loans. Secondly, we have a lot of room to implement monetary policy given that I/Rs are still comparatively high. There will be a substantial drop, but nothing like the US.
 

Agreed, the US housing market is as bad as it gets, we wont get that bad but as you say we will have substantial declines, why ? partly and basically because people just cant afford the BS prices of the past few years.
 
MrBurns said:
basically because people just cant afford the BS prices of the past few years.
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And if wage growth stops (which it pretty much has), houses will have to fall even further to get them back to positively geared, affordable for most people, status
 
prawn_86 said:
And if wage growth stops (which it pretty much has), houses will have to fall even further to get them back to positively geared, affordable for most people, status
Click to expand...

It's just a matter of timing now, I think it will happen much sooner than in past recessions.

It will take a little time though, people wont sell for the new lower prices yet, unless they're forced, this all happens over time but it will be accelerated by the ferocity of this downturn.
 
MrBurns said:
Agreed, the US housing market is as bad as it gets, we wont get that bad but as you say we will have substantial declines, why ? partly and basically because people just cant afford the BS prices of the past few years.
Click to expand...

I predict a 5 year down turn in property...it will be much slower than the stock market correction...Why slower? because it takes a long time to sell property and it takes just seconds to sell shares. Sorry leveraged multi property investors but its time to give some cash to the younger generation.
Property investor -:horse:
 

Does any know where Mr. Crystal Ball is??

Screwed up and is a shocking example to the Newbies.

I remember this comment as I challenged him and he never answered. If he was that precise he wouldn't be here rather employed by Chrysler.

He hasn't posted since 30th November, hiding in a hole perhaps.

Newbies here take note of charlatans..
 
I PREDICT WHAT MR. BURNS IS PREDICTION IS THE CORRECTION PREDICTION.
I predict GM and other will fold and the predictably the USD will sink.

I predict the words Merry Xmas will be jumped on by the word police and ban the word Merry and it will be " Have a soft landing Xmas and a recession proof New Yr"
 
As I have abstained from the men's thread.

Interesting how fast you write a woman off "can't let go". Must say, some of you do concede to this dreadful trait!

I (hopefully) predict that - With good humour and the knowledge that men do say things in a contrary way - and the admonishment I receive will be a term of endearment from those that oppose in cyberspace

Most men will stopping sounding and bitching like the women they whinge about Ironic! - let the comments flow

That should a woman ask a question or challenge the idea they are not automatically designated useless, controlling and idiots

Men will keep the escort industry thriving and never announce that they have been

Those keeping the Escort industry should be accepted with no blame, they are keeping food on someones table - look at it like charity work

Men/Women should they choose a relationship accept their choice and reponsibiltiy not blame the other - most will be rehabilited in basic manners and human behaviour with their marriage certificate at Daycare (not ABC)

There will be more confident women to debate and enlighten on Aussie Stock Forums

“Real Women” will be defined on ink on paper by the Oxford Dictonary, and thus will eternally be debated

That those that choose an alternative life style will be accepted for their qualities and their contributions not on their sexuality


I Predict

We will have more wars

Humans will continue to hate and kill each other for incredibly stupid reasons

We have NOT reached the bottom of any Market Index

Anyone who says "we are not at the bottom" of a market Index and is wrong will be lightly admonished and then respected the experts

There will be a food, water, accommodation, medical, defence, quality schooling, love, care and respect shortage in the world and it will get worse over preceding years

That if all the women stopped debating on Aussie Stock Forums on the chat rooms it would be a bloody boring place
 
I predict the US Fed Reserve will slash base interest rates to between 0 & 0.25% and this will cause a massive 200+ points rally on Wall Street
 
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