Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
10 signs of a market crash
3 January 2015, 21:28,
#2
RE: 10 signs of a market crash
The economy is screwed, learn to do without it.

For those who think that rising GDP and share prices point to a recovery, good luck. GDP means nothing, cold weather increases GDP when people burn more gas/coal/oil. Rising share prices mean that the people with money are trying to convert that money into something more solid - shares in a company that owns assets - all fuelled by an interest rate so low that savers are losing money.

Fiat money is a bad idea right now, get your wealth into something solid or prepare to lose it. You can't eat your bank statement. ( Actually you can but it has low nutritional value compared to a bag of spuds).
Reply


Messages In This Thread
10 signs of a market crash - by Sunna - 3 January 2015, 20:25
RE: 10 signs of a market crash - by Steve - 3 January 2015, 21:28

Forum Jump:


Users browsing this thread: 1 Guest(s)