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-   -   How Far Away Is The Next Financial Crisis? (https://gfy.com/showthread.php?t=1164591)

RummyBoy 04-09-2015 07:43 AM

How Far Away Is The Next Financial Crisis?
 
Now in 2015 there are all sorts of crazy things happening right now with extreme currency volatility, market volatility, negative interest rates and all sorts of things going down. Not to mention all the hacking and geopolitical happenings.

Is the next financial crisis nearby?

'Once-in-3-Billion-Year' Jump in Bonds Was a Warning Shot,ÂhaDimon Says - Bloomberg Business

bronco67 04-09-2015 10:37 AM

All I know is the people way above us make moves that affect everyone except them. The whole financial industry is basically a criminal enterprise masquerading as legit business. They should all try working for a living and actually creating something, instead of gaming the system.

Scott McD 04-09-2015 10:40 AM

Probably within 2.

Definitely within 5. :2 cents:

RummyBoy 04-09-2015 12:16 PM

JAMIE DIMON: 'There will be another crisis' - Yahoo Finance

blackmonsters 04-09-2015 12:17 PM

As soon as Repubes get in charge.

:1orglaugh

Struggle4Bucks 04-09-2015 01:41 PM

We are still in it :1orglaugh

epitome 04-09-2015 01:44 PM

Quote:

Originally Posted by bronco67 (Post 20443802)
All I know is the people way above us make moves that affect everyone except them. The whole financial industry is basically a criminal enterprise masquerading as legit business. They should all try working for a living and actually creating something, instead of gaming the system.

You don't think gaming the system involves work?

Don't lie: If it were so easy, everybody would be doing it.

PAR 04-09-2015 01:50 PM

Quote:

Originally Posted by Struggle4Bucks (Post 20444013)
We are still in it :1orglaugh

Exactly what I was thinking.... :thumbsup

Struggle4Bucks 04-09-2015 01:50 PM

Quote:

Originally Posted by epitome (Post 20444022)
You don't think gaming the system involves work?

Don't lie: If it were so easy, everybody would be doing it.

Just because it involves work doesn't make it right.....

VikingMan 04-09-2015 01:56 PM

Housing market in many areas is peaking or close to it........again.

RummyBoy 04-10-2015 04:57 AM

Well said, the crisis never ended - it was just papered over and put on life support with QE. Marc Faber (very smart guy) 5 yrs ago (2010) said interest rates would remain at zero ie below the rate of inflation. I guess he's been right so far but he also predicts inevitable collapse:


EddyTheDog 04-10-2015 04:58 AM

When did the last one end? - I must have missed something...

Barry-xlovecam 04-10-2015 05:57 AM

Well, I woke up this morning
And I got myself a beer.
Well, I woke up this morning
And I got myself a beer.

The future's uncertain
And the end is always near.

Let it roll, baby, roll.
Let it roll, baby, roll.
Let it roll, baby, roll.
Let it roll, all night long.

Jim Morrison --Doors


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