The markets are Chaos...and Order

wayneL said:

The question I have with regards to CV and the current "crash", is, is crash due to CV, or is CV simply the catalyst for what was about to happen anyway?

There is a body of opinion that the "everything bubble" was about to burst anyway,a several hedge funds have been making bets along those lines over the last few months.

I would generally fall into that line of thinking though I have learnt to not disregard the ability for central banks and governments to kick the can along the road.

I have no doubt whatsoever that the world economy will absolutely blow the f*** up at some stage, the only think which I have no idea about is when.

Is this it? Is this finally the endgame? I really have no idea. But what I am beginning to see is severe curtailment on the financial liberties of we plebeians.

To me that serves as an omen.

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sptrawler said:

The way I see it is, if this is the mother of all 'blow ups', then it wont matter because you will probably lose everything.
If it isn't, well then it is just another one of those once in a lifetime events, that people miss out on.
I guess it boils back to whether you are a cup half empty, or a cup half full, sort of person.

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wayneL said:

It's another roll of the dice on that score, hey?

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wayneL said:

It's another roll of the dice on that score, hey?

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Garpal Gumnut said:

Sex
Water
Tucker
Friends
Not necessarily in that order

gg

Click to expand...

Garpal Gumnut said:

Sex
Water
Tucker
Friends
Not necessarily in that order

gg

Click to expand...

wayneL said:

The question I have with regards to CV and the current "crash", is, is crash due to CV, or is CV simply the catalyst for what was about to happen anyway?

There is a body of opinion that the "everything bubble" was about to burst anyway,a several hedge funds have been making bets along those lines over the last few months.

I would generally fall into that line of thinking though I have learnt to not disregard the ability for central banks and governments to kick the can along the road.

I have no doubt whatsoever that the world economy will absolutely blow the f*** up at some stage, the only think which I have no idea about is when.

Is this it? Is this finally the endgame? I really have no idea. But what I am beginning to see is severe curtailment on the financial liberties of we plebeians.

To me that serves as an omen.

Click to expand...

SirRumpole said:

Yes I think the market was definitely overvalued, driven up by cheap money as bas said and the fact that people can't get a good return from the banks. It wasn't representative of the real global economy which has been tanking for some time. Do don't keep cutting interest rates in a healthy economy do you ?

Why the global economy is tanking is the real question.

I reckon it can be laid at the feet of globalisation and the way it's been managed by the corporations and governments.

Industries have been transferred to Third World Countries, but employees there aren't paid much more than slaves. The consuming power of the First World has been decimated by the loss of jobs due to the transfer of industry and mechanisation/automation of many industries. Governments haven't realised the side effects of globalisation and have not taken action to protect their citizens from it.

Big corporations have been making profits and sacking staff at the same time. The circulation of money is broken. The only politician who seems to recognise this (in his charmingly naive way) is <gulp> Donald Trump.

Click to expand...

SirRumpole said:

Yes I think the market was definitely overvalued, driven up by cheap money as bas said and the fact that people can't get a good return from the banks. It wasn't representative of the real global economy which has been tanking for some time. Do don't keep cutting interest rates in a healthy economy do you ?

Why the global economy is tanking is the real question.

I reckon it can be laid at the feet of globalisation and the way it's been managed by the corporations and governments.

Industries have been transferred to Third World Countries, but employees there aren't paid much more than slaves. The consuming power of the First World has been decimated by the loss of jobs due to the transfer of industry and mechanisation/automation of many industries. Governments haven't realised the side effects of globalisation and have not taken action to protect their citizens from it.

Big corporations have been making profits and sacking staff at the same time. The circulation of money is broken. The only politician who seems to recognise this (in his charmingly naive way) is <gulp> Donald Trump.

Click to expand...

basilio said:

I tell ya its a madhouse on the exchange.
Day starts with all ords down 200 points. Like wow.
Two hours later and it is up 100 points.

Anyway here made a buck on the way ?

Click to expand...

basilio said:

I tell ya its a madhouse on the exchange.
Day starts with all ords down 200 points. Like wow.
Two hours later and it is up 100 points.

Anyway here made a buck on the way ?

Click to expand...

What's next for bank hybrids?​