Will policy makers repeat history even though they have a perfect example
of what happened in 1929 and in Japan in the 90's? Does history have to
repeat? After the efforts I've seen, I am having trouble with a worst case
scenario. I don't usually look at funnymentals...it's not my game. What
do you think?
D
Can we possibly have a 1929+ depression
Started by
danzman
, Oct 30 2008 05:53 AM
7 replies to this topic
#1
danzman
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Posted 30 October 2008 - 05:53 AM
I don't make predictions, I just react.
#2
da_cheif
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#3
blackcloud
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Posted 30 October 2008 - 06:39 AM
Depends on whether you think we are here by mistake or here by design.
Will policy makers repeat history even though they have a perfect example
of what happened in 1929 and in Japan in the 90's? Does history have to
repeat? After the efforts I've seen, I am having trouble with a worst case
scenario. I don't usually look at funnymentals...it's not my game. What
do you think?
D
#4
10Shekel
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- Validating
- 560 posts
Member
Posted 30 October 2008 - 06:47 AM
i think the possibility exists but is very unlikely. Couple major things i see different compared to 1929/30 is that banks were actually raising rates at that time & it was a US centric economy not a global economy with a global reserve system + Bernanke & Friedman both agree that there is no reason for any country to have another depression because they have perfected the art of growing the money supply.
#5
Funky Monk
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Posted 30 October 2008 - 08:27 AM
dan,
100% orchestrated
100% manipulated
and that's a fact
p.s.
our 'machine' has been crushing ES after hours, based on simple ema crosses (and tight stops too), got some high school math geek kid to write the code
i know, i know
"it won't work once the volatility drys up"
good trading
peace
#6
cgnx
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Posted 30 October 2008 - 08:55 AM
Thats one tough lookin chick, or a very cute guy.
If it can be cornered, it will.
#7
ed rader
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- Traders-Talk User
- 2,390 posts
Member
Posted 30 October 2008 - 08:57 AM
so far everything they said wouldn't happen has happened. so yeah i think it's possible. we're back at 1% interest rates and i think we'll be at 0 before too long.
ed rader
#8
danzman
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- Traders-Talk ~
- 908 posts
Member
Posted 30 October 2008 - 02:06 PM
is danz part of your real name??
Dan is the name. They called me Dan the man back in school. The name
kind of stuck.
cgnx: I should change my pic. I don't think this is the correct forum to show off
the pecs though. haha
D
I don't make predictions, I just react.
