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The World is on the brink!

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Not only is China low on H2O but they have power cuts as well, diesel is not allowed to be exported and the Big Four banks who can never fails with the best bank system and Wayne Swan gentle hand on the rudder are in trouble with the first of many down grades by the ratting agency.
Just one ,ore piece of evidence the world is on the brink.
 
Too many idiots screaming the sky is falling lately. I'd say this is the trend that is likely to continue. But the world will keep spinning. They have been predicting the end of the world since the beginning of time. So what if a currency collapses? So what if a war breaks out. Chances are you will live through it all with a front row seat. The amount of fools on Youtube working themselves into a frantic panic is ridiclious. They might as well just stick a bullet in their head now.
 
damien275x said:
Too many idiots screaming the sky is falling lately. I'd say this is the trend that is likely to continue. But the world will keep spinning. They have been predicting the end of the world since the beginning of time. So what if a currency collapses? So what if a war breaks out. Chances are you will live through it all with a front row seat. The amount of fools on Youtube working themselves into a frantic panic is ridiclious. They might as well just stick a bullet in their head now.
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Yeah, some BODGIE said it would happen today; like big Earth Quakes all over da
world.
 
damien275x said:
So what if a currency collapses?
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In the case of the $USD, YOU pay more for everything, until you can't pay for anything?

damien275x said:
So what if a war breaks out.
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The price of oil goes up, meaning YOU pay more for everything, until you can't pay for anything?

I don't think you can link crack pots who predict the end of the world with those who use data & common sense to work out that the world is stuffed financially. Ignore (from your front row seat?) at your peril?

The irony is that intrinsically there is no real global recovery as it's all premised on activity funded by hugely increased government & central bank debt, that will never be payed back ie massive defaults globally.

We are about to enter GFC part 2 by the looks of things in the Euro zone............
 
Events keep getting closer.

If the Saudi people rise up (probably unlikely, as they have been sufficiently bribed), or the Russians accept intervention in Syria (unlikely, unless Iran do not support them and Russia grows a brain), or Nth Korea sinks another Sth Korean war ship (hmm, likely) or the US gets out of debt (unlikely), or the rest of the despot countries in the Middle East do not continue to rise and seek a voice (unlikely) then ....

I'm not sure what that adds up to really. :confused:
 
kennas said:
And closer.

We are really heading into some previously charted territory here.

The world is doomed.

Humans have almost failed.

Not many chances left.


:(
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:eek::eek:

Do you know something we don't?
 
wayneL said:
:eek::eek:

Do you know something we don't?
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Maybe that one was a bit over the top...

I didn't think that 'London Burns' would be added to the headlines though.

Syria just about to collapse into civil war.
 
Really wonder how the current financial systems will handle the stresses on the collapsing stock markets and loan pressures. I understand that margin calls are sharply rising.

It will also be interesting to see how the nominal asset values of institutions are going to compare to liabilities. Might not be a good look. :(
 
basilio said:
Really wonder how the current financial systems will handle the stresses on the collapsing stock markets and loan pressures. I understand that margin calls are sharply rising.

It will also be interesting to see how the nominal asset values of institutions are going to compare to liabilities. Might not be a good look. :(
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Well, instos certainly didn't like "the look" last time the accounting firms tried to introduce stringent "mark to market" valuations, before being backed right off. Some say "what they saw" was so horrific that it was a major factor in spooking shaky companies & bringing on GFC1.

Best to keep it all swept under the flea-bitten bear rug.

LOL
 
With about 17% of USA voters approving of the QE 1 & 2 the rest are smart enough to realise it has a been a failure and Big Ben ready to pump more gasoline on to the fire will the voters react and say we have had enough stop the madness.
 
You can count on Max to provide some extreme speculation about how far the Pentagon will go to hold onto their military budget after threatened cuts. :D

 
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The word is QE3 will start on 21 September B S Ben will announce 1.4 trillion to bail out 10 Million homes in USA and all will be refinanced at 4%. The Feds will pick up the tab so that should make the market rocket the DOW will be 20K in no time.
 

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