I predict

[Aussiejeff]

Radge put 7 years on it. Took 10 years to recover from the last 50% drop I think I heard, but that might have been the Dow. I reckon somewhere between now and then.

Well, the ONE THING I feel confident in predicting is **SH#T HAPPENS**

Just gotta live with it....

 

[Dukey]

i think you're onto a good thing there Julia... your dog that is...

my budgie says today is the day.... and 4291(.3) IS the bottom... so I'm gonna go out on a limb and CALL IT... RIGHT HERE,.... RIGHT NOW....
cause my budgie said so......
So remember it folks - Dukey and his budgie.... Oct 9 2008: XAO at 4291 = THE BOTTOM.

yeehah....:cowboy:

..... and if Inspector Rex (my budgie) is right - he'll buy you all a bag of birdseed.

In Memorium

Inspector Rex - mucho beloved budgie friend (and financial advisor) of Dukey croaked peacefully in his sleep last night.
There are no suspicious circumstances.
We commend his body back to the soil from which we all come.
We commend his soul to return to the guiding spirit of Nature. :engel: :engel:

(Mourners are asked to give generously to the charity of their choice - someones gonna need it very soon!)

----------------------------------------------------------------------------

Regards and best of luck all in these tough and turbulent times - Dukey. :70:

 

[MrBurns]

Interest rates will fall to 3% perhaps 2% by June next year.
It's just lucky we have the room to move.

Savings income will suffer but perhaps the capital will be safer.

ASX down to early 3000's within 6 months.

Commodity boom bust and financial institutions problems means we have nothing to hold it up.

Property will collapse within 12 months perhaps less, commercial and residential will all go

Recovery ..well cant see that far ahead just yet.

And so I advise............

Silly me I meant low 3000's by the end of today.

 

[2BAD4U]

(Mourners are asked to give generously to the charity of their choice - someones gonna need it very soon!)

Do the markets constitute a charity because I've got nothing left to give.

 

[Calliope]

I predict that before very long shanty towns and hobo jungles will start springing up in America. Soup kitchens will be opened up. Overseas troops will be brought home. Fighting terrorists overseas is no longer affordable. Civil unrest at home will be the problem.

I have listened to the presidential debates. They both have solutions.

And pigs might fly.

 

[basilio]

The shanty towns are already up and, just like the 30's, people are being forced to move on.

But this is 70 years later so the more prosperous rolleyes: homeless are living in their 4x 4's in special carparks. Been going on since earlier this year.

http://www.guardian.co.uk/world/2008/jun/26/usa.creditcrunch

I think that unless there is a massive government/community led work program unemployment, personal depression and social upheaval will play havoc with the states. And we may not be far behind.

One last comment. Are you aware that President of the US has the power to declare a state of national emergency, suspend elections and continue in a martial law situation?

 

[xyzedarteerf]

I predict a global bank holiday in a couple of days to temporarily stop the panic.

 

[Buddy]

On the other thread about the bailout, and what's next there is an interesting article from Gold-Eagle.com.
I guess if it's true, then we should know shortly (maybe a few weeks) whether the conspiracy theorists were correct. Resulting in predictions (at least in the U.S.A.) of:-
Martial law, suspension of elections, Bush in power forever. Troops shooting their own citizens (nothing new in that of course in the good old US of A).
Massive bank foreclosures. Major companies down the gurgler. General Mayhem.
Splits in the earth's crust, fire and brimstone spewing out everywhere, dog and cats copulating........ you know the normal sort of stuff.

Personally I think(hope) this is all B.S.

 

[Dukey]

I predict that before very long shanty towns and hobo jungles will start springing up in America. Soup kitchens will be opened up. Overseas troops will be brought home. Fighting terrorists overseas is no longer affordable. Civil unrest at home will be the problem.

I have listened to the presidential debates. They both have solutions.

And pigs might fly.

Have a look at Bod Dylans movie 'masked and anonymous'

Great artistic movie. - a barely fictional portrayal of the USA as an oversized banana republic run by fascists.

- many fine performances from A list actors keen to work with Dylan.

I hope the guy is NOT some kind of prophet cause the vision he presents in the movie is f'ing scary.... but maybe not impossible given whats going on now

 

[MrBurns]

One last comment. Are you aware that President of the US has the power to declare a state of national emergency, suspend elections and continue in a martial law situation?

When he uses the term "national emergency" run for your life.

 

[MrBurns]

Interest rates will fall to 3% perhaps 2% by June next year.
It's just lucky we have the room to move.

Savings income will suffer but perhaps the capital will be safer.

ASX down to early 3000's within 6 months.

Commodity boom bust and financial institutions problems means we have nothing to hold it up.

Property will collapse within 12 months perhaps less, commercial and residential will all go

Recovery ..well cant see that far ahead just yet.

And so I advise............

It's all coming true !

BTW - I notice Rudd, the drama queen has called another talk fest , spot of lunch with the rich and famous, few drinks afterwards just to toss a few ideas around, grandstanding again boring everyone s***less again - I can hear the groans as they open their invitations now, I've got a good idea Mr Rudd why dont you resign and let Lindsay Tanner have a go at least he appears to know whats going on.

At least drop the attempt to sacrifice first home buyers with your latest bribe, or undertake to bail them out when the housing market falls over ....you increasingly irritating incompetant tosser.

 

[Julia]

That might be a bit harsh, Mr Burns. I think under all the circumstances, a gathering of business leaders is pretty appropriate.

 

[MrBurns]

That might be a bit harsh, Mr Burns. I think under all the circumstances, a gathering of business leaders is pretty appropriate.

Yes I did lose it there a bit, he just has to make a dramatic scene out of everything.

Why doesnt he just call them to get their feedback ? Oh yeah no grandstanding in it that way.

 

[2020hindsight]

At least drop the attempt to sacrifice first home buyers with your latest bribe, or undertake to bail them out when the housing market falls over ....you increasingly irritating incompetant tosser.

MB
so you think he's talking first home buyer grants to bribe them?

careful man, you run the risk of becoming increasingly irritating and inaccurate here

 

[MrBurns]

MB
so you think he's talking first home buyer grants to bribe them?

careful man, you run the risk of becoming increasingly irritating and inaccurate here

Yes thats right 2020 using first home buyers to try to prop up a doomed property market, they will be the sacrificial lambs because the market will fall anyway taking them with it.

But hey ! Rudd tried didn't he ? put all those first home buyers into the path of the runaway property train too bad about them though.

I find that very irritating 2020 and there's nothing inaccurate about my comments.

 

[2020hindsight]

Yes thats right 2020 using first home buyers to try to prop up a doomed property market, they will be the sacrificial lambs because the market will fall anyway taking them with it.

But hey ! Rudd tried didn't he ? put all those first home buyers into the path of the runaway property train too bad about them though.

I find that very irritating 2020 and there's nothing inaccurate about my comments.

MB
thanks for the added detail

It can't be easy - trying to find an answer to this.
Certainly all property would surely become a bit more optimistic - prices going up on the rumour etc - might also help the building industry etc etc
just thinking aloud.

I'll read a bit more before taking you on lol.

PS I predict , when I lose my house, that I'll talk one of the kids into buying their first home - and the missus and I can then MOVE IN WITH THEM for a change ! lol

 

[MrBurns]

MB

PS I predict , when I lose my house, that I'll talk one of the kids into buying their first home - and the missus and I can then MOVE IN WITH THEM for a change ! lol

LOL - Fat chance of that, it only works one way you know.

P/S Hope I'm wrong about the market but I don't think so, it's already down 15% in my estimation.

 

[Wysiwyg]

It's all coming true !

BTW - I notice Rudd, the drama queen has called another talk fest , spot of lunch with the rich and famous, few drinks afterwards just to toss a few ideas around, grandstanding again boring everyone s***less again

Hmmm, detect a hint of jealousy here.

- I can hear the groans as they open their invitations now, I've got a good idea Mr Rudd why dont you resign and let Lindsay Tanner have a go at least he appears to know whats going on.

Discontentment manifesting in this.

At least drop the attempt to sacrifice first home buyers with your latest bribe, or undertake to bail them out when the housing market falls over ....you increasingly irritating incompetant tosser.

Deep seated bitterness released here. (exhaustion, relief, gratification, pleasure)

 

[MrBurns]

Hmmm, detect a hint of jealousy here.

Discontentment manifesting in this.

Deep seated bitterness released here. (exhaustion, relief, gratification, pleasure)

No jealousy

No discontentment

Bitter about the first home buyers bribe.

Exhaustion ? hardly.

Relief, gratification, pleasure. Out of control rant more like it.

 

[Wysiwyg]

No jealousy

No discontentment

Bitter about the first home buyers bribe.

Exhaustion ? hardly.

Relief, gratification, pleasure. Out of control rant more like it.

However Mr. Burns, I do see Kevin Rudd flexing his "control" muscle.

When self is understood, then ego is less resistant.