By: sly.guy_nsw1
Yesterday (12:10 am) Yahoo! Profile:
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Robert Prechter Warns
Take a look!
Good night.
Hopefully, your dreams will be sweet..... |
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By: rodneysaviour2
2 days ago (Friday, 11:19 am) Yahoo! Profile:
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Still have had the time nor patience to try again with a PENDALUM Qitulong. But I will get around to it one of these days.. I promise :)
Meanwhile, I am interested to see that your PENDALUM appears to be indicating exactly what I and an increasingly larger proportion of the population believe shall soon occur.
ECONOMIC COLLAPSE.
There is little to sustain the economy of yesterday.
Accordingly, with insufficient activity in existance to support it, it shall fall. Takign with it much that has been acquired during the "Golden Years" and doing much damage as it collapses.
We all need to prepare ourselves and ACT to secure our financial security. |
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By: qitulong
3 days ago (Thursday, 4:22 pm) Yahoo! Profile:
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| Market collapse is economic collapse or somethign different..? If economic collapse I am agreeing you because my ENDALUM it indicating very big negativer actions happen soon. I wonder. Anyone else seeing same indications elswhere. I am hoping i am wrong. But truth is usually my PENDALUM correct and economy going to deflate big way in soon time. |
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By: stevebwilson1
4 days ago (Wednesday, 4:36 pm) Yahoo! Profile:
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There is little doubt that the market movements we have all witnessed of late can be nothing less than a clear indication of the crest of the economic wave having been reached.
Acordingly, the downward spiral into the trough of the economic wave shall soon begin.
Will the break be gentle or severe and how deep shall we be plunged into the depths of the trough.. And possibly more importantly, how long shall we remain there?
The disaster of which I and many others have forewarned shall occur.
Pending Economic Collapse |
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By: jaymarcel
5 days ago (Tuesday, 9:13 am) Yahoo! Profile:
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| Thanks perceptions I'll take a look & get back to you. |
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By: perceptions_now
5 days ago (Tuesday, 9:10 am) Yahoo! Profile:
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perceptions, I can't find any predictions anywhere that the population in Australia is likely to fall, all the predictions are for a rise in population around the world.
Where did you get this prediction?
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jay,
You could start with the following article, which talks about Global trends, Australia will likely follow?
http://scottgrannis.blogspot.com/2009/10/coming-po pulation-bust.html
You could also have a wander thru this following link, which also refers to some of the population issues.
http://au.messages.yahoo.com/news/politics/597160/ |
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By: jaymarcel
5 days ago (Tuesday, 8:37 am) Yahoo! Profile:
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perceptions, I can't find any predictions anywhere that the population in Australia is likely to fall, all the predictions are for a rise in population around the world.
Where did you get this prediction? |
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By: firefly_au
6 days ago (Monday, 11:37 pm) Yahoo! Profile:
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Hi Ausguy :)
LOL I presume you deliberately set out to irritate the robinhood and you are referring to CITIGROUP with characteristic dry droll humour :)
Some folks just get hung out to dry on the details and never look to the intended message. IMO they take themselves far too seriously he he :)
BYE :) |
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By: dr.xingli_writes
6 days ago (Monday, 10:59 pm) Yahoo! Profile:
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Ha! Ha! hdmausguy
Nicely posted!
However, "GOOD RIDDANCE" might ahve been more apt IMHO..
Ho! Ho! Ho! |
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By: perceptions_now
6 days ago (Monday, 8:43 pm) Yahoo! Profile:
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I'm not here to take a moral stance on who or won't survive.
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lasty,
I'm not referring to stances or ideals!
But I am talking about the future hazards or risks, which may be created, as people see what can be got away with, where the consequences don't fit the actions.
If some are allowed to get away without an appropriate penalty, it opens pandora's box, for others to follow, as there is apparently NO hazrad/risk involved and there is the MORAL of the story. |
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By: lasty49
6 days ago (Monday, 7:42 pm) Yahoo! Profile:
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Perceptions
I'm not here to take a moral stance on who or won't survive.
I back the likely outcome.
Most traders take a similar stance to me whether they are communist or capitalist.
We have already witnessed a professor who wishes to change the economic processes of the current system and makes his judgement on his ideals.
Until the rules change there is no point playing to them. |
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By: perceptions_now
6 days ago (Monday, 5:28 pm) Yahoo! Profile:
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Citigroup is an American flagship/Icon.
Do you think that they will let it fall?
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lasty,
There are two separate questions -
Will they?
Should they?
If we take a line thru the too big to fail reasoning, then THEY WILL NOT?
However, if we look to the MORAL HAZARD & fixing the system in the long term, then the answer is YES THEY SHOULD!
It sort of follows the Amercian ethos, so the likely answer is THEY WILL ATTEMPT TO CONTINUE THE STATUS QUO.
Which means, "in the long run, we are all dead". |
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By: hdmausguy
6 days ago (Monday, 5:09 pm) Yahoo! Profile:
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| Strategy worked Goodbye! |
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By: robinh2772
6 days ago (Monday, 5:00 pm) Yahoo! Profile:
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You keep embarassing yourself. Why are you talking about a building in downtown Manhattan known colloquially as "Citicorp"? When you say "Citicorp", do you actually mean the international financial conglomerate Citigroup? CITICORP is a building downtown Manhattan. It is colloquially known as CITICORP but officially known as Citicorp Center.
Keep reading and maybe one day you'll be able to predict the start of the next economic depression with some credibility.
Jezzus... No wonder this forum is known as a home for fruitcakes. Thats it from me. Got better places to be. As I said, keep reading. You'll eventually get it right. |
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By: lasty49
6 days ago (Monday, 4:46 pm) Yahoo! Profile:
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hdmausguy,
Citigroup is an American flagship/Icon.
Do you think that they will let it fall?
Its corporate America for god sake. |
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By: hdmausguy
6 days ago (Monday, 4:04 pm) Yahoo! Profile:
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| robin - Just been doing a little background on CITICORP and as it turns out I may have not been too far off the mark afterall. In recent years CITI has had 3 FED bailouts. The last one gave the US govt. a 38% share of CITI. The word is that they are on the precipice and could fold before the end of the year. Debt defaults and speculation failures are their biggest enemy. Perceptions has already covered many other big players also at risk. |
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By: perceptions_now
6 days ago (Monday, 2:03 pm) Yahoo! Profile:
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1) Is this also the prediction for Australia?
YES!
3) I'm not sure it can be improved, apart from making the people involve more responsible for outcomes
There are a number of problem areas, probably too long to go into now, as I am due to be elsewhere.
However, we could start with -
1) Proper systemic regulation, which look s after the long term interests of all Australians, with consideration for Global flow on.
The removal of "undue influence on legislators", from all quarters, punishable by serious "time" inside for those doing the influence & those accepting the influience.
3) Writing the Real job description of Polliies into the constitution, as being "to look after the long term interests of ALL Autralians, without fear or favour"
4) A Reduction in the levels of government, from 3 to 2, by doing away with local government (Councils) altogether and put those duties under a state or Federal Authority. |
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By: perceptions_now
6 days ago (Monday, 1:49 pm) Yahoo! Profile:
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As an aside, a quick look at the last 5 years for the major US Banks (C, BAC, MS, GS & JPM), will quickly reveal who has the best IT (Insider Trading), As for CIT, it is just "another brick in the wall".
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By the way, I would sugget that at least 3 of those major US banks would probably now be insolvent, IF proper account practices were still being applied, by way of Mark to Market accounting.
As it is, US banks can and no doubt have placed unrealistic valuations on their assets, such as Residential & Commercial real estate, by putting in the pre crash valuations, instead of the current written down valuations, which would be 30-50 lower? |
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By: jaymarcel
6 days ago (Monday, 1:45 pm) Yahoo! Profile:
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perceptions,
1) Is this also the prediction for Australia?
2) Sorry misunderstood your comment (I agree)
3) I'm not sure it can be improved, apart from making the people involve more responsible for outcomes rather than just letting them walk away upon any outcome. But at the end of the day capitalism & democracy passes most of the responsibility onto the individual to do research, many people have not been affected by the failures mentioned by simply not getting involved with companies that a so vulnerable.
If property crashes next week I will not look for systems or individuals to blame, I will just have learnt some valuable lessons & have to start again, accepting my own responsibility as an adult in control of where my money goes. |
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By: jaymarcel
6 days ago (Monday, 1:24 pm) Yahoo! Profile:
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| sorry hdmausguy I thought you was calling the recent collapse the first, the last was caused by the war anyway |
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By: worldwider1
6 days ago (Monday, 1:15 pm) Yahoo! Profile:
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guy.longshank1 said: "Here at home we see the clear signs of trouble on the horizon.. UNABLE to support itself, the government announces yet another stimulus effort to prop up the failed economy which trade in itself is as yet unable to sustain..."
In addition, the gov't continues to divert attention away from its fiscal mistakes by demonising asylum seekers and fooling the public into thinking the problem is solved by creating more detention center spaces. In effect both parties are engaged in a bidding war to see who can spend more taxpayer dollars on the harshest of policies.
Happy Melbourne Cup Day! |
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By: hdmausguy
6 days ago (Monday, 12:58 pm) Yahoo! Profile:
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| robin - A minor error(CITI) which I corrected. According to your thinking CIT & $100 billion loss is nothing? The biggest 4 bankruptcies in the last year totals around $1.21 Trillion. Again nothing to worry about? US Govt. broke but printing money saves the day.Only a minor problem,a trivial matter? Most States broke,what's the worry? The main problem is we have too many doom & gloom merchants? If we pretend all is well then it must be,just like the captain of the Titanic after it hit the iceberg. |
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By: perceptions_now
6 days ago (Monday, 12:42 pm) Yahoo! Profile:
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!) perceptions are you trying to say australia is going to have a fall in population?
2) Cheap & abundant oil? From where?
3) So are you suggesting we move away from capitalism & towards communism?
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jay,
1) Yes, in the medium to longer term, as will be the Global trend. Assuming nothing else intervenes that should start, in earnest, around 2030 -2040, but the rate of population increase has already been slowing for some time.
Consider what may now be the situation, if China had not opted for their one child policy in 1979 and if the " Oral Contraceptive Pill" had not been introduced for wide spread usage in the 1960's.
2) Yes, that is the point! The days of "cheap & abundant Energy (Oil) have gone! They finished around 2005, as the Global Production of Oil started to fall. Whilst short term ramp ups may still be possible, in the medium to longer term Oil Production has Peaked. Not only has it Peaked, but the cheaper reserves, which are depleting quickly, are being replaced mainly by higher priced, lower returns (EROEI) and also by the less environmentally friendly varieties, such as Tar Sands, Shale & likely pushes into the Artic & Antartic areas.
3) No! But the 1.0 version will have to evolve and quickly! The alternative of staying with the status quo, will not only not prove viable, it will prove to be impossible!
As an aside, a quick look at the last 5 years for the major US Banks (C, BAC, MS, GS & JPM), will quickly reveal who has the best IT (Insider Trading), As for CIT, it is just "another brick in the wall". |
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By: hdmausguy
6 days ago (Monday, 12:39 pm) Yahoo! Profile:
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| On this occasion jay I must tell you "wake up & go to sleep" What happened in the financial world in the USA 80 years ago? |
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By: jaymarcel
6 days ago (Monday, 11:54 am) Yahoo! Profile:
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perceptions are you trying to say australia is going to have a fall in population?
Cheap & abundant oil? From where?
So are you suggesting we move away from capitalism & towards communism? |
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