THE GREATER DEPRESSION---THE COLLAPSE OF 2009
Gerald Celente of the Trends Research Institute talks about the Crash of 2008 and is calling for THE GREATER DEPRESSION AND THE COLLAPSE OF 2009
Visit www.stockshotz.blogspot.com to listen to the interview.
THE GREATER DEPRESSION---THE COLLAPSE OF 2009
Started by
insideskinny
, Jan 31 2009 08:37 AM
4 replies to this topic
#1
insideskinny
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Posted 31 January 2009 - 08:37 AM
The Inside Skinny
#2
humble1
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Posted 31 January 2009 - 09:53 AM
this is as good as merciless!
tell it all brother; lay it out right here; we can handle it.
tell it all brother; lay it out right here; we can handle it.
Edited by humble1, 31 January 2009 - 09:54 AM.
#3
Rogerdodger
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Posted 31 January 2009 - 03:11 PM
A little late to the party...
November 20 2006:
"we are currently in an overbought
topping pattern that may be ending, and the upside peak in the year 2000 is
a bit higher than the 1929 speculative peak,
a possible historic warning."
My major concern is that if the nature of the 40 year lows continues to vary
in an alternating sequence between mild lows and severe
lows, then the next low could be very severe.
This could imply the failure of basic financial institutions and perhaps a non recoverable situation.
LINK
November 20 2006:
"we are currently in an overbought
topping pattern that may be ending, and the upside peak in the year 2000 is
a bit higher than the 1929 speculative peak,
a possible historic warning."
My major concern is that if the nature of the 40 year lows continues to vary
in an alternating sequence between mild lows and severe
lows, then the next low could be very severe.
This could imply the failure of basic financial institutions and perhaps a non recoverable situation.
LINK
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
humble1
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Posted 31 January 2009 - 03:15 PM
more disaster: yeah!!!!! "non-recoverable", eve of destruction ...
oh ...man ... just what i had in mind for this weekend!
Edited by humble1, 31 January 2009 - 03:17 PM.
#5
tradermama
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Posted 01 February 2009 - 10:13 AM
I just listened to him and I do have to agree especially about commerical real estate. I live in Florida for the past 23 yrs - previously also a real esate broker and timed everything just right- yesterday I heard about the GINN company is out of money! The Ginn company is one of the well known (large) developers on the upper end of real estate in Florida, New England area, and California. We have a friend who is being laid off and he is close with one of the sons. In December if he was laid off then he would have gotten 6 months severance. He was just told in January he is being laid off and will get only 2 months of severance. They are out of money!!
To me, it's just the beginning of what to expect in commericial real esate and there is no way I can see any type of recovery for a while...including the spx seeing 1000 this year..
The contrarian thinking could be even dead. Sometimes, if it walks like a duck, quacks like a duck, it's not a chicken but a duck. Time will tell.
In Florida- instead of saying - Hi, How you doing?...we say - Hi, you still got your job?
