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  1. #11
    between the bridges between the bridges is online now
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    Are ye a hammers fan....
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  2. #12
    katsung47 katsung47 is offline

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    The Debt Ceiling Deadline Has Passed; Now The Biggest Test Of Donald Trump's Presidency Begins...

    by Tyler Durden
    Mar 17,2017

    On Wednesday, the temporary suspension of the debt ceiling ended, and so now the federal government is not going to be able to go into any more debt until the debt ceiling is raised. For the moment, the Trump administration can implement “emergency measures” to stay under the debt limit, but it won’t be too long before we get to a major crisis point because the federal government is quickly running out of cash. Already, the U.S. Treasury has less cash on hand than Apple or Google, and that cash balance is going to keep on dropping until the debt ceiling is finally lifted.

    The Debt Ceiling Deadline Has Passed; Now The Biggest Test Of Donald Trump's Presidency Begins... | Zero Hedge
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  3. #13
    katsung47 katsung47 is offline

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    The big crisis is approaching

    The great bull market in its last stages? U.S. car sales fall sharply in June; Silicon Valley begins to crack visibly; October doom? Ron Paul predicts gold up 50% stocks down 25% this October
    BY IWB JULY 4, 2017

    The great bull market in its last stages? U.S. car sales fall sharply in June; Silicon Valley begins to crack visibly; October doom? Ron Paul predicts gold up 50% stocks down 25% this October – InvestmentWatch
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  4. #14
    im axeled im axeled is offline

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    Quote Originally Posted by katsung47 View Post
    The big crisis is approaching
    and who will take the hit, answers on a fleas back please
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  5. #15
    katsung47 katsung47 is offline

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    Quote Originally Posted by im axeled View Post
    and who will take the hit, answers on a fleas back please
    It will be the majority of people, the 99%.

    Ron Paul: Not a 'total shock' if stocks plummet 25% and gold soars 50% by October

    Stephanie Landsman | @stephlandsman
    Sunday, 2 Jul 2017

    A painful correction is coming and there's little that can be done to prevent it, according to former Republican congressman and libertarian firebrand Ron Paul

    Ron Paul: Not a 'shock' if stocks fall 25% and gold soars 50% by Oct.
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  6. #16
    McDave McDave is offline

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    Quote Originally Posted by katsung47 View Post
    946. Two unprecedented big bubbles(2/8/2017)

    Real estates bubble.(see chart at #944) Stock market bubble.




    You don't have to be an expert to realize the two big balloons Americans are facing. Yet where are those professionals, economical officials and media people? In coming months, you will see a lot of news, events to encourage people to jump into the speculation pool to buy the securities, houses.





    finance.yahoo.com/news/trump-halt-obama-fiduciary-rule-063803815.html

    Trump is going to open a pandola box to release financial demons. Those demons had caused 2008 financial tsunami, were locked up by Obama, Trump wants to free them to make America greater?

    It's funny that they accuse Clinton represents the interest of Wall Street. What about Trump?
    Read 2 and 3 of last message(#945) to see how the Feds rule this country.
    Don't feed the pandolas.
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  7. #17
    Olambert Olambert is offline

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    I'm surprized. For me, we're experiencing a new bubble in the technology sector with the takeovers.
    And I think it's linked to the increase of prince in the SF area.
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  8. #18
    katsung47 katsung47 is offline

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    As Sales Plunge, GM Might Cancel Six Car Models
    by Wolf Richter • Jul 20, 2017

    GM is getting whacked harder than any of the major automakers by the industry-wide plunge in car sales, as Americans switch in ever larger numbers from cars to “trucks,” which include pickups, van, SUVs and crossovers. In the first half of 2017, GM’s car sales in the US plunged 19%, and in June 38%.

    The rest of the industry (without GM) booked declines in car sales of “only” 10% in the first half and 9% in June.

    As Sales Plunge, GM Might Cancel Six Car Models | Wolf Street
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  9. #19
    fat finger fat finger is offline
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    Nobody seems to be talking about the massive bubble in ladies shoes, it was in the news how shoe maker Jimmy Choo sold his business for 900 million pounds which seems a huge amount of money, especially in this era of globalised branding fraud with so many well known clothing brand fakes being made and sold around the world. They say Jimmy Choos are a good pair of shoes, but how many pairs would you need to sell to claw back your 900 mill investment? A lot for sure. Something doesn't quite smell right in this news, but shoes and buyouts are not my area so I mention it here only because it was reported on the radio and seemed like an odd piece of news
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  10. #20
    Watcher2 Watcher2 is offline

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    Quote Originally Posted by fat finger View Post
    Nobody seems to be talking about the massive bubble in ladies shoes, it was in the news how shoe maker Jimmy Choo sold his business for 900 million pounds which seems a huge amount of money, especially in this era of globalised branding fraud with so many well known clothing brand fakes being made and sold around the world. They say Jimmy Choos are a good pair of shoes, but how many pairs would you need to sell to claw back your 900 mill investment? A lot for sure. Something doesn't quite smell right in this news, but shoes and buyouts are not my area so I mention it here only because it was reported on the radio and seemed like an odd piece of news
    Jimmy Choos are probably the most expensive women's shoes out there. A pair could set you back over a grand. Not sure what the most expensive are. And money is extremely cheap now. It costs banks to hold on to it and they can get it very cheaply. Cash is a dirty asset in banking these days so funding for acquisitions is easily come by.

    It will be hell to pay when it all comes tumbling down like it inevitably will.
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