stock market crash on the way spring/summer 2012?

[Lickyluciano]

Why such a fear and loathing for inflation? Has it ever really left us? Hasn't it always been here? What was the price of a home 50 years ago? What was the price of a big Mac when MCD first went public? What was the price of a car 50 years ago? What was the average developed nations debt? Hasn't inflation always solved our woes and made those with assets richer? Why the fear among us? It has always been here? We are the creators of inflation. Our systems are based on inflation. Let's be honest with ourselves. Those with assets and bisinesses know this and prosper . Those without, rant.

 

[Lickyluciano]

Perhaps there will be a crash. I don't know. But I'd like to know why her should be a crash. Are corporations over valued? Are the P/Es too high? Or is it just the governments that are mismanaged while the corporation prospers on? I see continued volatility until the media tires of reporting the same stories of Goverment debt and replaces it with another. And don't corporations own the media anyhow?

 

[Atilla]

Perhaps there will be a crash. I don't know. But I'd like to know why her should be a crash. Are corporations over valued? Are the P/Es too high? Or is it just the governments that are mismanaged while the corporation prospers on? I see continued volatility until the media tires of reporting the same stories of Goverment debt and replaces it with another. And don't corporations own the media anyhow?

Crash is a slow down effectively coupled with some reverse movement.

Capitalism doesn't understand what a slow down is and has no controls for such an event. It requires socialism to bring capitalism under control and save its bacon.

Otherwise Capitlalism will consume everything in it's path to the growth of the few at the desruction of the many if it is left to its own devices.



Yes corporations are over valued. Look at facebook. Worthless piece of company if there ever existed one. No brand loyalty. Pure hype. New IPO valued at 100 times earnings. What are these people on. I doubt it will be with us in another 25 years at the rate which technology breeds.

Goldman Sachs thinks it should be valued at 500bn or something stupid so that should tell you a lot about Facebook and GS.

 

[The Leopard]

Hasn't inflation always solved our woes and made those with assets richer?

No.

 

[Pat494]

Perhaps there will be a crash. I don't know. But I'd like to know why there should be a crash. ?

My fear is that democracy won't be able to implement the measures necessary to get back on track. The mindless masses whipped up by anarchists etc. will riot so much that weak politicians will take the easy path and give in.

 

[new_trader]

What socialists and inflationists don’t understand is that economic calculation can only take place by means of money prices established in the market for production goods in a society resting on private property in the means of production.

Without the aid of monetary calculation, bookkeeping, and the computation of profit and loss in terms of money, technology would have had to confine itself to the simplest, and therefore the least productive, methods.

Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. The other members of society, of course, enjoy the advantages of progress, but they not only do not contribute anything to it; they even place obstacles in its way.

It would be a serious blunder to neglect the fact that inflation also generates forces which tend toward capital consumption. One of its consequences is that it falsifies economic calculation and accounting. It produces the phenomenon of illusory or apparent profits.

Credit expansion and inflationary increase of the quantity of money frustrate the “common man’s” attempts to save and to accumulate reserves for less propitious days.

 

[Lickyluciano]

Crash is a slow down effectively coupled with some reverse movement.

Capitalism doesn't understand what a slow down is and has no controls for such an event. It requires socialism to bring capitalism under control and save its bacon.

Otherwise Capitlalism will consume everything in it's path to the growth of the few at the desruction of the many if it is left to its own devices.



Yes corporations are over valued. Look at facebook. Worthless piece of company if there ever existed one. No brand loyalty. Pure hype. New IPO valued at 100 times earnings. What are these people on. I doubt it will be with us in another 25 years at the rate which technology breeds.

Goldman Sachs thinks it should be valued at 500bn or something stupid so that should tell you a lot about Facebook and GS.

1 IPO which produces nothing makes the entire market of productive companies overvalued?

 

[Atilla]

My fear is that democracy won't be able to implement the measures necessary to get back on track. The mindless masses whipped up by anarchists etc. will riot so much that weak politicians will take the easy path and give in.

They need to riot to have change.

Politicians are working for the minority corporates and people who don't pay any or little tax as they can.

Watch this space once the middle classes start feeling the pinch... :-0

 

[Atilla]

1 IPO which produces nothing makes the entire market of productive companies overvalued?

Yep agreed. Same about Apple taking market higher.

Along comes Samsung and pop goes the balloon.

 

[BeginnerJoe]

They need to riot to have change.

What has changed since the riots last time ? Nothing.

Change can only come when heads are actually rolling on the streets. Whoever is in power will never relent any other way.

 

[ChocolateDigestive]

very important week for the markets, I was surprised by the resilience of equity markets yesterday after the large moves down in the futures Sunday night onwards. Clearly we are in a down leg on these daily charts the question remains how low will it go before it takes another breather. Key level for me is the FTSE low of 10th April, if that pops it is a very bearish sign (no shi7e sherlock lol). I still think we will see FTSE hit the 5500 level by the summer, time will tell.

 

[Pat494]

What has changed since the riots last time ? Nothing.

Change can only come when heads are actually rolling on the streets. Whoever is in power will never relent any other way.

Extremism has usually been the "gut" response. Some awful s*d like Stalin/Hitler comes to power and then people die by the millions !!

Lets hope the moderate majority aren't too feeble to squash the violent minority.

 

[Lickyluciano]

Greece is rediculous. I have a client who owns a house back home in Greece. Has never paid property tax until recently where he was imposed a $300 per year tax. He said homeowners are flipping out shouting why should they pay tax for their properties!!! lol.

 

[ChocolateDigestive]

i tell yah the FTSE could make 5500 today in the futures, esp if US equities push to session lows again. gives you that warm feeling inside. lol.

 

[Atilla]

What socialists and inflationists don’t understand is that economic calculation can only take place by means of money prices established in the market for production goods in a society resting on private property in the means of production.

Without the aid of monetary calculation, bookkeeping, and the computation of profit and loss in terms of money, technology would have had to confine itself to the simplest, and therefore the least productive, methods.

Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. The other members of society, of course, enjoy the advantages of progress, but they not only do not contribute anything to it; they even place obstacles in its way.

It would be a serious blunder to neglect the fact that inflation also generates forces which tend toward capital consumption. One of its consequences is that it falsifies economic calculation and accounting. It produces the phenomenon of illusory or apparent profits.

Credit expansion and inflationary increase of the quantity of money frustrate the “common man’s” attempts to save and to accumulate reserves for less propitious days.

I've been thinking about this post of yours NT and you are seriously deficient in your analysis of economics.

Lot's of mumbo jumbo with no substance.

Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. What a load of grand rubbish. The economy always has two sides. So what does the other side look like? eg: How do entrepreneurs turn capital to new uses? By magic?

Think it through see where it leads you!!!

 

[The Leopard]

I've been thinking about this post of yours NT and you are seriously deficient in your analysis of economics.

Lot's of mumbo jumbo with no substance.

Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. What a load of grand rubbish. The economy always has two sides. So what does the other side look like? eg: How do entrepreneurs turn capital to new uses? By magic?

Think it through see where it leads you!!!

I'm sure you're a nice guy Atilla, but you don't arf talk some sh1te.

 

[Atilla]

I'm sure you're a nice guy Atilla, but you don't arf talk some sh1te.

Here we go another one.

Biggest Mr Dribble on the site and you have the audacity to say that. U aving a laff?

Either contribute or **** off taking snipes from the sidelines.

 

[The Leopard]

Here we go another one.

Biggest Mr Dribble on the site and you have the audacity to say that. U aving a laff?

Either contribute or **** off taking snipes from the sidelines.

To be fair:

1: I'm pretty wasted.

2: I'm absolutely right.

 

[brewski1984]

Sometimes I wish I was clever enough to argue with you guys, I don't understand a word of half the things on this site.

 

[wackypete2]

Sometimes I wish I was clever enough to argue with you guys, I don't understand a word of half the things on this site.

It wouldn't be funny if we understood it all

Peter